2861 W 120th 250, Westminster, CO 80234
Spacious office condo with two suites, mountain views, great location.
- Added:
- Apr 24, 2026
- Days on Market:
- 50
- Last Refresh:
- Apr 24 at 5:49 pm
Property Features for 2861 W 120th 250
General Information
- Standard status
- Active
- Size
- 3,940 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2007
Listing agent Bob Distel License #1134445 (303) 452-5853
Listing office MB/Park Place Brokers & Realty (303) 452-5853
Listing date Apr 24, 2026
Source Elliman
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 MB/Park Place Brokers & Realty
HighLights
- Spacious 3,940 sq ft office condo with two finished suites (Units 240 & 250), each with private entrance.
- Unit 240 features a private outdoor patio and Unit 250 is currently leased.
- Includes private offices, conference rooms, open workspaces, and fully equipped breakrooms in both suites.
- Located in a vibrant complex with professional offices, restaurants, and a recreation center.
- High visibility location on 120th Ave with quick access to Federal Blvd.
- West‑facing second floor location with natural light and mountain views.
Overview
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 | $102.6k | $26.04 |
| − Vacancy | −$25.4k | −$6.46 |
| EGI | $77.2k | $19.58 |
| − OpEx | −$19.3k | −$4.90 |
| NOI | $57.9k | $14.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Westminster
- County
- Adams
- State
- Colorado
- Longitude
- -105.0218977
- Latitude
- 39.916615