Single-Tenant Office NNN
For Sale
Contact for pricing
227-229 Vallejo St, Denver, CO 80223
Single-tenant, 100% leased office property with on-site parking and upgraded systems including a solar array.
Property Size12,832 SF
Price / SF$169.50
Days on Market144
Property Features for 227-229 Vallejo St
General Information
Standard status
Active
Size
12,832 SF
Property subtype
OFFICE
Occupancy
100%
Additional Details
Highway Access
Yes
Amenities
on-site parking
high quality office finishes
solar array
substantial power
Building Details
Tenancy
Single
Listing Agency:
Pinnacle Real Estate Advisors
(303) 947-7850
Listed By:
RC Myles, CCIM, SIOR
(303) 947-7850
Source:
Moodyscre
Added: Mar 11
Changed: Jul 27
Last Checked: Jul 27 at 12:28AM
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.
227-229 Vallejo St is a single-tenant office property offered on a NNN leased basis, with the space 100% leased. The building is supported by on-site parking and features high-quality office finishes throughout.
The property is positioned in central Denver and provides easy access to the Denver Metro area via I-25 and 6th Avenue. It is also located near the new Denver Broncos Stadium development site at Burnham Yards.
Reported upgrades include a solar array and substantial power capacity, supporting the building’s functional and operational profile for the current tenant.
The property is positioned in central Denver and provides easy access to the Denver Metro area via I-25 and 6th Avenue. It is also located near the new Denver Broncos Stadium development site at Burnham Yards.
Reported upgrades include a solar array and substantial power capacity, supporting the building’s functional and operational profile for the current tenant.
Key Highlights
- Single‑tenant office property at 227‑229 Vallejo St, 100% leased
- NNN leased investment with a reliable tenant
- On‑site parking available
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
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.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
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
Market
Vacancy Rate% for Office in Denver, CO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Single-tenant, 100% leased office property with on-site parking and upgraded systems including a solar array.
Where is this office building 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: Single‑tenant office property at 227‑229 Vallejo St, 100% leased; NNN leased investment with a reliable tenant; On‑site parking available
