Fully Leased Investment Property

2051 Dogwood St, Louisville, CO

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For Sale

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Fully leased flex building with diverse tenants and strong income.

Type:OFFICE

Property size:

40,656 SF

Lot size:

2.74 Acres

Price / SF:

$235/SF

HighLights

Fully Leased Investment Property with 4.5 Year WALT
Expected NOI of ~$700,000 in 2027 due to Above Market Escalations
21,000 sq. ft. SCIF Tenant Occupies Entire Second Floor with Class A Finishes
Desirable Location in the Tech Center Drawing Talent from the Denver‑Boulder Corridor
Flex Infrastructure Including Heavy Power, High‑Ceilings, Full Climate Control, & Fire Sprinklers
Abundant Parking (3.56:1,000) with Bike Path & RTD Access

We can help!

Listing Contact

Jaime Pletcher

For Sale

Contact for pricing

Fully leased flex building with diverse tenants and strong income.

Type:OFFICE

Property size:

40,656 SF

Lot size:

2.74 Acres

Price / SF:

$235/SF

Added:: Nov 23, 2025
Days on Market:: 199
Last Refresh:: May 20 at 9:11 pm

Property Features for 2051 Dogwood St

General Information

Standard status: Active
Size: 40,656 SF
Lot size: 2.74 Acres
Property subtype: OFFICE

Properties For Sale

at 2051 Dogwood St Contact us

We can help!

Listing Contact

Jaime Pletcher

Listing agent Jaime Pletcher

Listing office Gibbons-White, Inc.

Listing date Nov 23, 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 Gibbons-White, Inc.

HighLights

Fully Leased Investment Property with 4.5 Year WALT
Expected NOI of ~$700,000 in 2027 due to Above Market Escalations
21,000 sq. ft. SCIF Tenant Occupies Entire Second Floor with Class A Finishes
Desirable Location in the Tech Center Drawing Talent from the Denver‑Boulder Corridor
Flex Infrastructure Including Heavy Power, High‑Ceilings, Full Climate Control, & Fire Sprinklers
Abundant Parking (3.56:1,000) with Bike Path & RTD Access

Overview

This fully leased investment property is located in a desirable tech center location, drawing talent from the Denver-Boulder corridor. The building features natural light throughout, a common loading dock, an elevator, showers, updated offices, warehouse space, and a SCIF. The property has flex infrastructure including heavy power, high ceilings, full climate control, and fire sprinklers. The tenant mix includes government defense, health, technology, engineering, and wholesale/retail sales businesses. The 21,000 square foot SCIF tenant occupies the entire second floor with Class A finishes in-place, and expansion tenant improvements are underway. The property offers abundant parking at a ratio of 3.56:1,000, with bike path and RTD access. Multiple tenants with above-market escalations lead to an expected net operating income of approximately $700,000 in 2027. The property has a 4.5 year weighted average lease term. The building size is 40,656 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$1.01M	$24.96
− Vacancy	−$294.3k	−$7.24
EGI	$720.5k	$17.72
− OpEx	−$180.1k	−$4.43
NOI	$540.4k	$13.29

40,656 SF · lease $24.96/SF/yr · vacancy 29.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$7.72M

$6.75M – $9.01M (±1% cap)

NOI $540,367 @ 7.0% cap · market cap 5.64%

Second Best

Flex RnD

$7.26M

$6.35M – $8.47M (±1% cap)

NOI $508,338 @ 7.0% cap · market cap 5.30%

Theoretical Best

Office A

$12.27M

$10.73M – $14.31M (±1% cap)

NOI $858,655 @ 7.0% cap · market cap 8.96%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: Louisville
County: Boulder
State: Colorado
Longitude: -105.171
Latitude: 39.9475

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What type of property is this?

Office building - Fully leased flex building with diverse tenants and strong income.

Where is this office building located?

The property is located at 2051 Dogwood St Louisville, CO.

What is the asking price?

The asking price for this property is $9,585,000.

What are key features of this property?

This property features: Fully Leased Investment Property with 4.5 Year WALT; Expected NOI of ~$700,000 in 2027 due to Above Market Escalations; **21,000 sq. ft. SCIF Tenant Occupies Entire Second Floor with Class A Finishes**