Denver Office Condo For
For Sale
Contact for pricing
1800 Glenarm Pl, Denver, CO
Second-floor office condo with views in Denver's Central Business District.
Property Size4,451 SF
Lot Size0.11 Acres
Price / SF$224.67
Days on Market285
Property Features for 1800 Glenarm Pl
General Information
Standard status
Active
Size
4,451 SF
Lot size
0.11 Acres
Property subtype
OFFICE
Properties For Sale
at 1800 Glenarm Pl Contact us- Floor
- 9
- Size
- 3,285 SF
- Type
- OFFICE
- Availability
- AVAILABLE, Now
- Sublease
- No
1800 Glenarm Pl
- 9th Floor
- Size: 1,491 SF - 3,285 SF
- Asking Price: $1,150,000 | Call for lease...
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Listing Agency:
Henry Group Real Estate
(720) 837-5541
Listed By:
Amanda Tompkins · License #100024250
(720) 837-5541
Source:
Moodyscre
Added: Oct 29, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:21PM
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.
This is an opportunity to acquire a 4,451 square foot second-floor office condo located at 1800 Glenarm Place in Denver, CO. The corner unit features expansive windows providing abundant natural light and views of Denver’s Central Business District skyline. The building includes a modern, professional lobby, a shared conference room, and a fitness center. The property is situated in the heart of Denver’s Central Business District, at 18th Street and Glenarm Place. The location offers walkability to dining, coffee shops, hotels, and urban amenities, with access to light rail, bus lines, and major highways. The property is currently leased to a tenant until May 31, 2027, with a monthly rent of $11,000.
Key Highlights
- Prime location in the heart of Denver's Central Business District with exceptional walkability to amenities and transit.
- Entire 4,451 SF second‑floor corner unit with expansive windows and abundant natural light.
- Sweeping views of Denver’s Central Business District skyline.**
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
$65,216
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
6.52%
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%
$1,304,320
$1.3M
Cap Rate 7%
$931,657
$931.7K
Cap Rate 9%
$724,622
$724.6K
Market Conditions
NOI Build-Up for 4,451 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
$117.5K $26.40/SF
− Vacancy
−$30.6K −$6.86/SF
EGI
$87.0K $19.54/SF
− OpEx
−$21.7K −$4.88/SF
NOI
$65.2K $14.65/SF
Area
Denver, CO
Vacancy
26.00%
Lease Rate
$26.40 /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%
$1,304,320
Cap Rate 7%
$931,657
Cap Rate 9%
$724,622
Alternative Uses
Best Use
Office B
$931.7K
$815.2K – $1.09M
NOI $65,216 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.42M
$1.24M – $1.65M
NOI $99,184 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13,479
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Denver, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Second-floor office condo with views in Denver's Central Business District.
Where is this office units located?
The property is located at 1800 Glenarm Pl Denver, CO.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Prime location in the heart of Denver's Central Business District with exceptional walkability to amenities and transit.; Entire **4,451 SF second‑floor corner unit with expansive windows and abundant natural light.**; Sweeping views of Denver’s Central Business District skyline.**
