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5361-5399 S Alkire Cir, Littleton, CO, 80127
Office-Flex Warehouse Condos

5361-5399 S Alkire Cir Littleton, CO 80127

For Sale
Contact for pricing

Cold dark shell office-flex and warehouse units with varying ceiling heights, plus drive-in doors and dock-high access.

Property Size3,232 SF
Price / SF$254.20
Days on Market470

Property Features for 5361-5399 S Alkire Cir

General Information

Standard status Active
Size 3,232 SF
Property subtype FLEX_R_AND_D
Listing Agency: Bartell & Company
Listed By: Dan Bartell · License #000867805
Source: Moodyscre
Added: Apr 16, 2025 Changed: Jul 26 Last Checked: Jul 29 at 3:14PM

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 Bartell & Company

Investment Insights

Based on property information with market context.

These flex/industrial condo units are delivered as cold dark shell space and can be purchased or leased individually. The property offers a range of configurations for office, office-flex, lab, and warehouse use, with varying height ceilings and build-to-suit opportunities up to 250,000 SF.

Drive-in doors and dock-high loading are available in varying sizes, and the site supports highly visible signage. The property is positioned adjacent to C-470 and provides access to biking and hiking trails for day-to-day connectivity.

Units are available from smaller footprints starting at 4,000 SF up to the entire 49,307 SF, giving tenants and buyers flexibility in selecting the right size for their operational needs.

Key Highlights

  • Office‑flex and warehouse space delivered as a cold dark shell
  • Units available individually from 4,000 SF up to 49,307 SF; build‑to‑suit options up to 250,000 SF
  • Varying height ceilings across available units

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 $90.4k $27.96
− Vacancy −$15.3k −$4.73
EGI $75.1k $23.23
− OpEx −$18.8k −$5.81
NOI $56.3k $17.43
3,232 SF · lease $27.96/SF/yr · vacancy 16.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$804.6K
$704.0K – $938.7K (±1% cap)
NOI $56,321 @ 7.0% cap · market cap 6.86%
Second Best
Industrial
$658.9K
$576.5K – $768.7K (±1% cap)
NOI $46,122 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$1.11M
$971.4K – $1.30M (±1% cap)
NOI $77,709 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Flex space

Suggested Use

Top Pick Locksmith Garden Center Home Appliance Store Plumbing Service Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Flex space - Cold dark shell office-flex and warehouse units with varying ceiling heights, plus drive-in doors and dock-high access.
Where is this flex space located?
The property is located at 5361-5399 S Alkire Cir Littleton, CO.
What is the asking price?
The asking price for this property is $821,574.
What are key features of this property?
This property features: Office‑flex and warehouse space delivered as a cold dark shell; Units available individually from 4,000 SF up to 49,307 SF; build‑to‑suit options up to 250,000 SF; Varying height ceilings across available units
(303) 753-9100 Call to check price and availability
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