End-Cap Office Condo with
For Sale
Contact for pricing
15530 E BRONCOS PKWY, Englewood, CO 80112
Move-in ready office suite with reception, multiple private offices, and a private outdoor patio.
Property Size1,482 SF
Price / SF$337.04
Days on Market95
Property Features for 15530 E BRONCOS PKWY
General Information
Standard status
Active
Size
1,482 SF
Class
B
Property subtype
Office, Mixed Use
Investment Type
Owner/User
Building Details
Year Built
2007
Stories
1
Units
160
Listing Agency:
Sheldon-Gold Realty Inc
Listed By:
Greg Johnson · License #CO EA040004145
(303) 482-2828
Source:
Crexi
Added: Jun 5
Changed: Aug 22
Last Checked: Sep 7 at 8:04AM
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 Sheldon-Gold Realty Inc
Investment Insights
Based on property information with market context.
This end-cap office condominium suite offers a move-in ready professional layout designed for day-to-day office and client-facing use. The space includes a reception area, conference room, executive corner office, multiple private offices, an open work area, bull pen area, break room, restroom, and a private outdoor patio. The property is ADA certified. Existing telecom infrastructure is in place, including high-speed internet cabling and fiber optic wiring.
Recent improvements include a new roof and gutters with a 50-year warranty, along with an easy-to-program security system. Ample parking is available near the front entrance for convenient access.
The suite is configured to support a mix of private offices and collaborative work areas, with dedicated space for meetings and reception, plus in-suite amenities such as a break room and restroom.
Recent improvements include a new roof and gutters with a 50-year warranty, along with an easy-to-program security system. Ample parking is available near the front entrance for convenient access.
The suite is configured to support a mix of private offices and collaborative work areas, with dedicated space for meetings and reception, plus in-suite amenities such as a break room and restroom.
Key Highlights
- Move‑in ready office condominium built in 2007, offering 1,482 SF of professional office space
- End‑cap suite layout includes reception, conference room, executive corner office, multiple private offices, open work area, bull pen, and break room
- Includes restroom and ADA‑certified space plus a private outdoor patio
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,207
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$324,140
$324.1K
Cap Rate 7%
$231,529
$231.5K
Cap Rate 9%
$180,078
$180.1K
Market Conditions
NOI Build-Up for 1,482 SF
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.
Gross rent
$26.3K $17.76/SF
− Vacancy
−$4.7K −$3.18/SF
EGI
$21.6K $14.58/SF
− OpEx
−$5.4K −$3.65/SF
NOI
$16.2K $10.94/SF
Area
Arapahoe County, CO
Vacancy
17.90%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$324,140
Cap Rate 7%
$231,529
Cap Rate 9%
$180,078
Alternative Uses
Best Use
Office B
$231.5K
$202.6K – $270.1K
NOI $16,207 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$22.00M
$19.25M – $25.67M
NOI $1,540,208 @ 7.0% cap · market cap 308.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
Explore this area
Business Placement
Demographics for 80112, CO
35,713
Population
16,874
Households
2.1
Avg Household Size
36
Median Age
62%
College-Educated
97%
High-School Grad
17.8 sq mi
ZIP Area
2,006
Density / Sq Mi
$107,504
Median Household Income
$61,944
Median Earnings
$1,948
Median Rent
$627,500
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?
Office units - Move-in ready office suite with reception, multiple private offices, and a private outdoor patio.
Where is this office units located?
The property is located at 15530 E BRONCOS PKWY Englewood, CO.
What is the asking price?
The asking price for this property is $499,500.
What are key features of this property?
This property features: Move‑in ready office condominium built in 2007, offering 1,482 SF of professional office space; End‑cap suite layout includes reception, conference room, executive corner office, multiple private offices, open work area, bull pen, and break room; Includes restroom and ADA‑certified space plus a private outdoor patio
