Flex Space with Office
For Sale
Contact for pricing
2380 Delaware St, Denver, CO 80223
Metal construction combines warehouse capacity with finished office space across approximately half the building.
Property Size9,600 SF
Price / SF$130
Days on Market307
Property Features for 2380 Delaware St
General Information
Standard status
Active
Size
9,600 SF
Property subtype
INDUSTRIAL
Additional Details
Clear Height
14 ft
Building Details
Construction
metal
Listing Agency:
Shames Makovsky
(303) 842-5767
Listed By:
Joey Gargotto · License #FA100056043
(303) 842-5767
Source:
Moodyscre
Added: Sep 29, 2025
Changed: Jul 31
Last Checked: Jul 31 at 6:55PM
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 Shames Makovsky
Investment Insights
Based on property information with market context.
This 9,600-square-foot flex space is a metal warehouse with 14’ clear to joists and 18’ clear to decking. Finished office space with a dropped ceiling occupies approximately half the building, creating a combination of warehouse and office areas within one property.
The property is located at 2380 Delaware St in Denver, Colorado 80223.
The property is located at 2380 Delaware St in Denver, Colorado 80223.
Key Highlights
- 9,600‑square‑foot metal warehouse
- 14’ clear to joists and 18’ clear to decking
- Finished office with dropped ceiling in approximately half the building
Financial Insights For Warehouse
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 | $126.7k | $13.20 |
| − Vacancy | −$10.0k | −$1.04 |
| EGI | $116.7k | $12.16 |
| − OpEx | −$17.5k | −$1.82 |
| NOI | $99.2k | $10.33 |
9,600 SF · lease $13.20/SF/yr · vacancy 7.90% · expense 15.00%
Alternative Uses
Best Use
Office B
$2.01M
$1.76M – $2.34M
NOI $140,659 @ 7.0% cap · market cap 11.27%
Second Best
Warehouse
$1.42M
$1.24M – $1.65M
NOI $99,203 @ 7.0% cap · market cap 7.95%
Theoretical Best
Office A
$3.06M
$2.67M – $3.57M
NOI $213,922 @ 7.0% cap · market cap 17.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
14 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,086
Businesses Nearby
Under-served
Demand for This Use
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.
Similar Off Market Nearby
- Sapori D'Italia — 2065 S Cherokee St, Denver, CO 80223
Frequently Asked Questions
What type of property is this?
Flex space - Metal construction combines warehouse capacity with finished office space across approximately half the building.
Where is this flex space located?
The property is located at 2380 Delaware St Denver, CO.
What is the asking price?
The asking price for this property is $1,248,000.
What are key features of this property?
This property features: 9,600‑square‑foot metal warehouse; 14’ clear to joists and 18’ clear to decking; Finished office with dropped ceiling in approximately half the building
