Flex Space
New
For Sale
$750,000
2016 W Hamilton Place, Englewood, CO 80110
Two adjacent buildings provide a combination of office and industrial warehouse space.
Property Size2,400 SF
Lot Size0.43 Acres
Price / SF$126.35
Days on Market2
Property Features for 2016 W Hamilton Place
General Information
Standard status
Active
Size
2,400 SF
Class
C
Total Parking Spaces
1
Lot size
0.43 Acres
Property subtype
Commercial
Zoning
Warehouse
Additional Details
Highway Access
Yes
Warehouse Space
2,400 SF
Taxes and HOA fees
Annual Taxes
$9,705
Building Details
Building Size
2,400 SF
Year Built
1971
Buildings
2
Units
1
Listing Agency:
Kenai Capital Advisors LLC
(303) 242-7709
Listed By:
Jules Sherwood · License #100035304
(303) 242-7709
Source:
Coloradopartners
Added: Aug 4
Changed: Aug 5
Last Checked: Aug 5 at 2:15AM
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 Kenai Capital Advisors LLC
Investment Insights
Based on property information with market context.
This flex space offering includes two adjacent buildings at 2000 and 2016 W Hamilton Place: a 5,936-square-foot office building and a 2,400-square-foot industrial warehouse on 0.43 acres. The office is scheduled to be vacant at closing and can be occupied or leased immediately, while the warehouse is subject to a recently executed three-year lease. The property is zoned Warehouse and includes existing signage.
The site is positioned in Englewood’s Santa Fe corridor across from the River Point outdoor lifestyle retail complex. Highway 285/Hampden Avenue provides access and carries 69,000 vehicles daily, with the signage visible to that roadway. The office building was constructed in 1971, and the warehouse has received recent improvements.
The site is positioned in Englewood’s Santa Fe corridor across from the River Point outdoor lifestyle retail complex. Highway 285/Hampden Avenue provides access and carries 69,000 vehicles daily, with the signage visible to that roadway. The office building was constructed in 1971, and the warehouse has received recent improvements.
Key Highlights
- 5,936 SF office building paired with a 2,400 SF industrial warehouse
- Two adjacent buildings situated on a combined 0.43 acres
- Warehouse subject to a recently signed 3‑year lease
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 | $105.4k | $17.76 |
| − Vacancy | −$18.9k | −$3.18 |
| EGI | $86.6k | $14.58 |
| − OpEx | −$21.6k | −$3.65 |
| NOI | $64.9k | $10.94 |
5,936 SF · lease $17.76/SF/yr · vacancy 17.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$927.3K
$811.4K – $1.08M
NOI $64,914 @ 7.0% cap · market cap 8.66%
Second Best
Warehouse
$772.9K
$676.3K – $901.7K
NOI $54,104 @ 7.0% cap · market cap 7.21%
Theoretical Best
Multifamily LT 5
$88.13M
$77.11M – $102.82M
NOI $6,169,144 @ 7.0% cap · market cap 822.55%
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
851
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80110, CO
23,279
Population
10,804
Households
2.2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
6.4 sq mi
ZIP Area
3,637
Density / Sq Mi
$82,037
Median Household Income
$50,406
Median Earnings
$1,582
Median Rent
$455,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Strawberries Catering — 3535 S Platte River Dr A-3, Sheridan, CO 80110
Frequently Asked Questions
What type of property is this?
Flex space - Two adjacent buildings provide a combination of office and industrial warehouse space.
Where is this flex space located?
The property is located at 2016 W Hamilton Place Englewood, CO.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 5,936 SF office building paired with a 2,400 SF industrial warehouse; Two adjacent buildings situated on a combined 0.43 acres; Warehouse subject to a recently signed 3‑year lease
