Wheat Ridge Office
3280 Wadsworth Boulevard, Wheat Ridge, CO 80033
Office building with long-term medical tenant and updated features.
Type:Office
Property size:
7,943 SFPrice / SF:
$154/SF- Added:
- Nov 21, 2025
- Days on Market:
- 181
- Last Refresh:
- Apr 5 at 11:42 pm
Property Features for 3280 Wadsworth Boulevard
General Information
- Standard status
- Active
- Size
- 7,943 SF
- Property subtype
- Office
Listing agent Greg Titus License #FA40016996 (303) 962-9540
Listing office Pinnacle Real Estate Advisors (303) 962-9540
Listing date Nov 21, 2025
Source Pinnaclerea
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
- Fantastic location with many retail amenities nearby
- Easy access to 6th Avenue and I‑70
- Long term medical tenant on first level
- Building was updated/renovated in 2018
- Newer roof, mechanical units, lighting lenses, hot water heater (2018)
- Fiber brought to building
Overview
This Wheat Ridge office property presents an opportunity for an owner-user, featuring a long-term medical tenant on the first level. The building was updated and renovated in 2018, with improvements including a newer roof, mechanical units, lighting lenses, and a hot water heater. Common areas have also been updated. Fiber has been brought to the building. The property offers convenient access to 6th Avenue and I-70. The property's size is 7,943 square feet and is located in a location with numerous retail amenities nearby.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.19M
NOI $107,040 @ 9.00% cap · cautious / downside scenario
Moderate
$1.53M
NOI $107,040 @ 7.00% cap · market / base-case scenario
Aggressive
$2.14M
NOI $107,040 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $161.1k | $20.28 |
| − Vacancy | −$18.4k | −$2.31 |
| EGI | $142.7k | $17.97 |
| − OpEx | −$35.7k | −$4.49 |
| NOI | $107.0k | $13.48 |
7,943 SF · lease $20.28/SF/yr · vacancy 11.40% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.53M
$1.34M – $1.78M
NOI $107,040 @ 7.0% cap · market cap 8.74%
Second Best
Healthcare Medical
$1.53M
$1.34M – $1.78M
NOI $106,914 @ 7.0% cap · market cap 8.73%
Theoretical Best
Multifamily LT 5
$17.68M
$15.47M – $20.62M
NOI $1,237,323 @ 7.0% cap · market cap 101.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Wheat Ridge
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.081
- Latitude
- 39.6565
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Office building with long-term medical tenant and updated features.
Where is this office building located?
The property is located at 3280 Wadsworth Boulevard Wheat Ridge, CO.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Fantastic location with many retail amenities nearby; Easy access to 6th Avenue and I‑70; Long term medical tenant on first level
