1399 Kipling St Lakewood, CO
Flexible live/work space with high visibility and ample parking.
Property Features for 1399 Kipling St
General Information
- Standard status
- Active
- Size
- 1,341 SF
- Lot size
- 0.31 Acres
- Property subtype
- OFFICE
Listing office Henry Group Real Estate (970) 618-6257
Listing date Jun 20, 2025
Source Moodyscre
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 Henry Group Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- High signage visibility along a prime commercial corridor with over 35,000 ADT.
- Lakewood R‑1‑12 zoning allows office, personal services, and more.
- Two separate entrances—ideal for live/work or multi tenant configuration.
Local Financial Insights For Mixed Use
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 | $33.8k | $25.20 |
| − Vacancy | −$3.0k | −$2.27 |
| EGI | $30.8k | $22.93 |
| − OpEx | −$11.5k | −$8.60 |
| NOI | $19.2k | $14.33 |
