Listing Agency: Northpeak Commercial Advisors Show Phone

Listed By: Scott Fetter Show Phone

Source: Moodyscre

Added: Aug 13 Changed: Oct 5 Last Checked: Oct 5 at 6:48PM

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Investment Insights

Based on property information with market context.

This 14,891-square-foot office building offers a flexible interior arrangement suited to multiple tenants. The lower level includes kitchen and gym areas, while additional property amenities include showers, dedicated parking, and EV charging stations.

The property is located at 4260 Evans Ave in Denver, with frontage along Evans Avenue and access to I-25 and Colorado Boulevard. C-MX-5 zoning supports future high-density redevelopment potential. The combination of adaptable space, on-site amenities, and established street frontage provides a practical office configuration with additional land-use flexibility.

Key Highlights

• 14,891‑square‑foot office building with flexible space configuration
• C‑MX‑5 zoning supports future high‑density redevelopment potential
• Evans Avenue frontage with access to I‑25 and Colorado Boulevard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$218,183

Cap Rate

4.80%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$4,363,660 $4.4M

Cap Rate 7%

$3,116,900 $3.1M

Cap Rate 9%

$2,424,256 $2.4M

Market Conditions

NOI Build-Up for 14,891 SF

Gross rent

$393.1K $26.40/SF

− Vacancy

−$102.2K −$6.86/SF

EGI

$290.9K $19.54/SF

− OpEx

−$72.7K −$4.88/SF

NOI

$218.2K $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%

$4,363,660

Cap Rate 7%

$3,116,900

Cap Rate 9%

$2,424,256

Alternative Uses

Best Use

Office B

$3.12M

$2.73M – $3.64M (±1% cap)

NOI $218,183 @ 7.0% cap · market cap 4.80%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$4.74M

$4.15M – $5.53M (±1% cap)

NOI $331,824 @ 7.0% cap · market cap 7.29%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Mechanical Products NSW General Contractor

Suggested Use

Top Pick Garden Center Hotel & Motel Grocery & Convenience Store (Bike/Boat/Book/etc) Store Discount Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

3,928

Businesses Nearby

Explore this area Business Placement

Demographics for 80222, CO

22,381

Population

11,625

Households

1.9

Avg Household Size

38

Median Age

57%

College-Educated

96%

High-School Grad

3.8 sq mi

ZIP Area

5,890

Density / Sq Mi

$85,354

Median Household Income

$57,833

Median Earnings

$1,715

Median Rent

$596,300

Median Home Value

Market

Vacancy Rate% for Office in Denver, CO

14.5% 2019

17.4% 2020

19.3% 2021

21.8% 2022

23% 2023

25% 2024

26.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Flexible configuration includes lower-level kitchen and gym space, dedicated parking, showers, and EV charging.

Where is this office building located?

The property is located at 4260 Evans Ave Denver, CO.

What is the asking price?

The asking price for this property is $4,550,000.

What are key features of this property?

This property features: 14,891‑square‑foot office building with flexible space configuration; C‑MX‑5 zoning supports future high‑density redevelopment potential; Evans Avenue frontage with access to I‑25 and Colorado Boulevard