Office-Flex Warehouse Condo
For Sale
Contact for pricing
5361-5399 S Alkire Cir, Littleton, CO 80127
Condo units delivered as cold dark shell with drive-in doors and dock-high loading.
Property Size3,740 SF
Price / SF$249.20
Days on Market473
Property Features for 5361-5399 S Alkire Cir
General Information
Standard status
Active
Size
3,740 SF
Property subtype
FLEX_R_AND_D
Additional Details
Highway Access
Yes
Amenities
Highly visible signage
Access to biking and hiking trails
Building Details
Building Size
49,307 SF
Listing Agency:
Bartell & Company
(303) 753-9100
Listed By:
Dan Bartell · License #000867805
(303) 753-9100
Source:
Moodyscre
Added: Apr 16, 2025
Changed: Jul 29
Last Checked: Aug 1 at 12:38PM
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 Bartell & Company
Investment Insights
Based on property information with market context.
This office-flex, warehouse-style property offers condo units that may be purchased or leased individually, with sizes starting at 4,000 SF up to the entire 49,307 SF. All space is delivered as a cold dark shell, allowing occupants to build out to suit. The facility includes varying height ceilings, along with drive-in doors and dock-high loading of varying sizes.
The property is located at 5361–5399 S Alkire Cir in Littleton, CO, with highly visible signage available and adjacency to C-470. Additional site amenities include access to biking and hiking trails, supporting a variety of day-to-day employee and operational needs.
Build-to-suit opportunities are also available up to 250,000 SF, offering flexibility for users whose requirements extend beyond the existing condo unit sizes.
The property is located at 5361–5399 S Alkire Cir in Littleton, CO, with highly visible signage available and adjacency to C-470. Additional site amenities include access to biking and hiking trails, supporting a variety of day-to-day employee and operational needs.
Build-to-suit opportunities are also available up to 250,000 SF, offering flexibility for users whose requirements extend beyond the existing condo unit sizes.
Key Highlights
- Condo office‑flex/lab/warehouse space delivered as a cold dark shell
- Units available individually starting at 4,000 SF up to 49,307 SF total
- Build‑to‑suit opportunities up to 250,000 SF
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.6k | $27.96 |
| − Vacancy | −$17.7k | −$4.73 |
| EGI | $86.9k | $23.23 |
| − OpEx | −$21.7k | −$5.81 |
| NOI | $65.2k | $17.43 |
3,740 SF · lease $27.96/SF/yr · vacancy 16.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$931.1K
$814.7K – $1.09M
NOI $65,174 @ 7.0% cap · market cap 6.99%
Second Best
Industrial
$762.4K
$667.1K – $889.5K
NOI $53,371 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,923 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80127, CO
44,776
Population
17,507
Households
2.6
Avg Household Size
43
Median Age
60%
College-Educated
98%
High-School Grad
66.4 sq mi
ZIP Area
674
Density / Sq Mi
$137,753
Median Household Income
$70,039
Median Earnings
$2,102
Median Rent
$663,900
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Condo units delivered as cold dark shell with drive-in doors and dock-high loading.
Where is this flex space located?
The property is located at 5361-5399 S Alkire Cir Littleton, CO.
What is the asking price?
The asking price for this property is $932,008.
What are key features of this property?
This property features: Condo office‑flex/lab/warehouse space delivered as a cold dark shell; Units available individually starting at 4,000 SF up to 49,307 SF total; Build‑to‑suit opportunities up to 250,000 SF
