Renovated Coworking Office
New
For Sale
$795,000
2266 Dayton Street Unit 2266-B, Aurora, CO 80010
Seven private offices support flexible shared-office occupancy with month-to-month agreements.
Property Size2,642 SF
Price / SF$300.91
Days on Market2
Property Features for 2266 Dayton Street Unit 2266-B
General Information
Standard status
Active
Size
2,642 SF
Class
B
Property subtype
Office
Occupancy
100%
Additional Details
Highway Access
Yes
Office Units
7
Amenities
glass office fronts
polished concrete floors
designer lighting
digital keyless entry
conference room
collaborative lounge
full kitchen and dining area
two restrooms including a shower
dedicated storage lockers
Building Details
Building Size
2,642 SF
Year Built
1973
Year Renovated
2019
Tenancy
Multi
Listing Agency:
Unique Properties, Inc
Listed By:
Brian McKernan · License #FA.040033318
(720) 530-9070
Source:
Tcnworldwide
Added: Sep 13
Last Checked: Sep 13 at 3:00PM
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 Unique Properties, Inc
Investment Insights
Based on property information with market context.
This approximately 2,642-square-foot office condominium was fully renovated in 2019 and is configured as a shared coworking property with seven private offices. Current occupants hold month-to-month agreements. The interior includes glass office fronts, polished concrete floors, designer lighting, digital keyless entry, a conference room, collaborative lounge, full kitchen and dining area, two restrooms with a shower, and dedicated storage lockers.
The property is located at 2266 Dayton Street in Aurora, within walking distance of Stanley Marketplace and minutes from Central Park, Anschutz Medical Campus, I-70, and I-225. Its existing office configuration and flexible tenancy support continued coworking use, full occupancy by an owner, or a combination of owner use and retained office occupants.
The property is located at 2266 Dayton Street in Aurora, within walking distance of Stanley Marketplace and minutes from Central Park, Anschutz Medical Campus, I-70, and I-225. Its existing office configuration and flexible tenancy support continued coworking use, full occupancy by an owner, or a combination of owner use and retained office occupants.
Key Highlights
- Approximately 2,642 SF office condominium
- Seven private offices, all occupied under month‑to‑month agreements
- 2019 renovation with glass office fronts and polished concrete floors
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
$33,384
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
4.20%
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%
$667,680
$667.7K
Cap Rate 7%
$476,914
$476.9K
Cap Rate 9%
$370,933
$370.9K
Market Conditions
NOI Build-Up for 2,642 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
$57.1K $21.60/SF
− Vacancy
−$12.6K −$4.75/SF
EGI
$44.5K $16.85/SF
− OpEx
−$11.1K −$4.21/SF
NOI
$33.4K $12.64/SF
Area
Aurora, CO
Vacancy
22.00%
Lease Rate
$21.60 /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%
$667,680
Cap Rate 7%
$476,914
Cap Rate 9%
$370,933
Alternative Uses
Best Use
Office B
$476.9K
$417.3K – $556.4K
NOI $33,384 @ 7.0% cap · market cap 4.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$738.3K
$646.0K – $861.3K
NOI $51,678 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
7
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,135
Businesses Nearby
Explore this area
Business Placement
Demographics for 80010, CO
42,303
Population
15,394
Households
2.7
Avg Household Size
32
Median Age
19%
College-Educated
73%
High-School Grad
5.1 sq mi
ZIP Area
8,295
Density / Sq Mi
$60,755
Median Household Income
$36,349
Median Earnings
$1,400
Median Rent
$385,700
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?
Coworking space - Seven private offices support flexible shared-office occupancy with month-to-month agreements.
Where is this coworking space located?
The property is located at 2266 Dayton Street Unit 2266-B Aurora, CO.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Approximately 2,642 SF office condominium; Seven private offices, all occupied under month‑to‑month agreements; 2019 renovation with glass office fronts and polished concrete floors
