Vallejo St Investment
For Sale
$2,175,000
227-229 Vallejo Street, Denver, CO 80223
Single tenant, 100% leased investment property in Central Denver.
Property Size12,832 SF
Price / SF$169.50
Days on Market202
Property Features for 227-229 Vallejo Street
General Information
Standard status
Active
Size
12,832 SF
Class
B
Property subtype
Office - Flex - Office
Building Details
Building Size
12,832 SF
Year Built
1969
Listing Agency:
Pinnacle Real Estate Advisors
Listed By:
RC Myles, CCIM, SIOR
(303) 947-7850
Source:
Commercialcafe
Added: Mar 27
Changed: Oct 12
Last Checked: Oct 12 at 4:48PM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 100% Leased Investment Opportunity
- Hands‑off NNN Lease
- Attractive Return with Reliable Tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$188,014
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,760,280
$3.8M
Cap Rate 7%
$2,685,914
$2.7M
Cap Rate 9%
$2,089,044
$2.1M
Market Conditions
NOI Build-Up for 12,832 SF
Gross rent
$338.8K $26.40/SF
− Vacancy
−$88.1K −$6.86/SF
EGI
$250.7K $19.54/SF
− OpEx
−$62.7K −$4.88/SF
NOI
$188.0K $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 Rate 5%
$3,760,280
Cap Rate 7%
$2,685,914
Cap Rate 9%
$2,089,044
Alternative Uses
Best Use
Office B
$2.69M
$2.35M – $3.13M
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
NOI $285,942 @ 7.0% cap · market cap 13.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,173
Businesses Nearby
Explore this area
Business Placement
Demographics for 80223, CO
19,862
Population
9,532
Households
2.1
Avg Household Size
34
Median Age
46%
College-Educated
87%
High-School Grad
5.3 sq mi
ZIP Area
3,748
Density / Sq Mi
$80,461
Median Household Income
$50,567
Median Earnings
$1,650
Median Rent
$497,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Denver, CO
Questions? Ask Rey
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Frequently Asked Questions
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 Street 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
