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Two-Tenant Office Building Opportunity
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3280 Wadsworth Blvd, Wheat Ridge, CO 80033

Multi-tenant office building offers 2,628 RSF on the second floor plus 31 parking spaces and basement storage.

Property Size7,943 SF
Price / SF$185.70
Days on Market581

Property Features for 3280 Wadsworth Blvd

General Information

Standard status Active
Size 7,943 SF
Total Parking Spaces 31
Property subtype OFFICE

Additional Details

Business Included No

Amenities

signage
internet included - Century Link Fiber
ample storage - 2,300 SF basement space
bathrooms with showers

Building Details

Tenancy Multi
Listing Agency: Unique Properties, Inc.
Listed By: Stephen Miller · License #EA.000147421
Source: Moodyscre
Added: Mar 28, 2025 Changed: Oct 25 Last Checked: Oct 28 at 10:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Unique Properties, Inc.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office building totals 7,943 SF and includes approximately 2,628 RSF available on the second floor. The property is currently occupied by four tenants: a plastic surgeon, an accounting firm, a due diligence group, and a salon. Annual income is approximately $103,214, and the leases include scheduled annual increases. On-site amenities include signage on the building, internet included in the leases (CenturyLink fiber in the building), ample storage, and bathrooms with showers.

The building provides 31 parking spaces and approximately 2,300 SF of basement space, which may be used for storage or potential office use.

The second-floor space is positioned for professional uses such as an architecture firm, management company, or medical office, based on the current availability described for leasing.

Key Highlights

  • 7,943 SF multi‑tenant office building on Wadsworth Blvd
  • 2,628 RSF available on the second floor for lease
  • Current tenants include a plastic surgeon, accounting firm, due diligence group, and salon

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$107,040
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,140,800 $2.1M
Cap Rate 7%
$1,529,143 $1.5M
Cap Rate 9%
$1,189,333 $1.2M
Market Conditions
NOI Build-Up for 7,943 SF
Gross rent
$161.1K $20.28/SF
− Vacancy
−$18.4K −$2.31/SF
EGI
$142.7K $17.97/SF
− OpEx
−$35.7K −$4.49/SF
NOI
$107.0K $13.48/SF
Area
Jefferson County, CO
Vacancy
11.40%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,140,800
Cap Rate 7%
$1,529,143
Cap Rate 9%
$1,189,333

Alternative Uses

Best Use
Office B
$1.53M
$1.34M – $1.78M (±1% cap)
NOI $107,040 @ 7.0% cap · market cap 7.26%
Second Best
Healthcare Medical
$1.53M
$1.34M – $1.78M (±1% cap)
NOI $106,914 @ 7.0% cap · market cap 7.25%
Theoretical Best
Multifamily LT 5
$17.68M
$15.47M – $20.62M (±1% cap)
NOI $1,237,323 @ 7.0% cap · market cap 83.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,306
Businesses Nearby

Demographics for 80033, CO

26,618
Population
13,257
Households
2
Avg Household Size
42
Median Age
44%
College-Educated
95%
High-School Grad
8.3 sq mi
ZIP Area
3,207
Density / Sq Mi
$84,719
Median Household Income
$53,503
Median Earnings
$1,536
Median Rent
$568,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office building offers 2,628 RSF on the second floor plus 31 parking spaces and basement storage.
Where is this office building located?
The property is located at 3280 Wadsworth Blvd Wheat Ridge, CO.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 7,943 SF multi‑tenant office building on Wadsworth Blvd; 2,628 RSF available on the second floor for lease; Current tenants include a plastic surgeon, accounting firm, due diligence group, and salon
(303) 888-7632 Call to check price and availability
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