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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 units offer flexible office-freight layouts with drive-in and dock-high loading options.

Property Size3,256 SF
Price / SF$249.20
Days on Market470

Property Features for 5361-5399 S Alkire Cir

General Information

Standard status Active
Size 3,256 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 28 Last Checked: Jul 29 at 2:43PM

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.

This offering consists of condo-style office, office-flex, lab, and warehouse space, with units available individually and also as a total package. Suites are delivered as a cold dark shell, giving buyers and tenants the ability to build out to their requirements. The facilities feature varying height ceilings and include both drive-in doors and dock-high loading of varying sizes, supporting a range of light industrial and office-flex uses.

The property is adjacent to C-470 and includes highly visible signage opportunities. Access also includes proximity to biking and hiking trails.

Units range in size from 4,000 SF up to the full 49,307 SF, with build-to-suit opportunities available up to 250,000 SF.

Key Highlights

  • Available for purchase or lease in individual units from 4,000 SF up to 49,307 SF, with build‑to‑suit opportunities up to 250,000 SF
  • All units delivered as cold dark shell for flexible office‑freight buildout
  • Varying height ceilings throughout the available space

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 $91.0k $27.96
− Vacancy −$15.4k −$4.73
EGI $75.7k $23.23
− OpEx −$18.9k −$5.81
NOI $56.7k $17.43
3,256 SF · lease $27.96/SF/yr · vacancy 16.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$810.6K
$709.2K – $945.7K (±1% cap)
NOI $56,739 @ 7.0% cap · market cap 6.99%
Second Best
Industrial
$663.8K
$580.8K – $774.4K (±1% cap)
NOI $46,465 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$1.12M
$978.6K – $1.30M (±1% cap)
NOI $78,286 @ 7.0% cap · market cap 9.65%
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 units offer flexible office-freight layouts with drive-in and dock-high loading options.
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 $811,395.
What are key features of this property?
This property features: Available for purchase or lease in individual units from 4,000 SF up to 49,307 SF, with build‑to‑suit opportunities up to 250,000 SF; All units delivered as cold dark shell for flexible office‑freight buildout; Varying height ceilings throughout the available space
(303) 753-9100 Call to check price and availability
More about this property
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