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    Vallejo St Investment Opportunity Title is generated by Realmo AI

    227-229 Vallejo St, Denver, CO 80223

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    Single tenant, 100% leased investment property in Central Denver.

    Type:Industrial, Office
    Property size:
    12,832 SF
    Price / SF:
    $169/SF
    Added:
    Mar 11, 2026
    Days on Market:
    120
    Last Refresh:
    Jul 4 at 10:50 pm

    Property Features for 227-229 Vallejo St

    General Information

    Standard status
    Active
    Size
    12,832 SF
    Property subtype
    Industrial, Office

    Building Details

    Year Built
    1969

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    RC Myles
    RC Myles

    Listing office Pinnacle Real Estate Advisors

    Listing date Mar 11, 2026

    Source Crexi

    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 Pinnacle Real Estate Advisors

    HighLights

    • 100% Leased Investment Opportunity
    • Hands‑off NNN Lease
    • Attractive Return with Reliable Tenant
    • On‑site Parking
    • High Quality Office Finishes
    • Solar Array and Substantial Power

    Overview

    The property at 227-229 Vallejo St is a single-tenant, 100% leased investment opportunity located in Central Denver. The property, with a size of 12832 square feet, features on-site parking and high-quality office finishes. Numerous upgrades have been made, including the installation of a solar array and substantial power infrastructure. This NNN leased investment opportunity offers an attractive return with a reliable tenant in a strong industry sector.

    Local 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 $338.8k $26.40
    − Vacancy −$88.1k −$6.86
    EGI $250.7k $19.54
    − OpEx −$62.7k −$4.88
    NOI $188.0k $14.65
    12,832 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.69M
    $2.35M – $3.13M (±1% cap)
    NOI $188,014 @ 7.0% cap · market cap 8.64%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $4.08M
    $3.57M – $4.77M (±1% cap)
    NOI $285,942 @ 7.0% cap · market cap 13.15%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Dental Office Real Estate Agency Law Firm Daycare Center Barber Shop Storage Facility Pharmacy Veterinary Clinic Pet Store Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -105.0134971
    Latitude
    39.7208926

    FAQs

    What type of property is this?
    NNN property - Single tenant, 100% leased investment property in Central Denver.
    Where is this nnn property located?
    The property is located at 227-229 Vallejo St Denver, CO.
    What is the asking price?
    The asking price for this property is $2,175,000.
    What are key features of this property?
    This property features: 100% Leased Investment Opportunity; Hands‑off NNN Lease; Attractive Return with Reliable Tenant
    (720) 780-5829 Call to check price and availability
    More about this property
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