Office-Flex Warehouse Condo
For Sale
Contact for pricing
5361-5399 S Alkire Cir, Littleton, CO 80127
Condo units delivered as cold dark shell with drive-in doors and dock-high loading.
Property Size49,307 SF
Price / SF$249.20
Days on Market567
Property Features for 5361-5399 S Alkire Cir
General Information
Standard status
Active
Size
49,307 SF
Property subtype
FLEX_R_AND_D
Additional Details
Highway Access
Yes
Amenities
Highly visible signage
Access to biking and hiking trails
Building Details
Building Size
49,307 SF
Listing Agency:
Bartell & Company
Listed By:
Dan Bartell · License #CO 000867805
(303) 753-9100
Source:
Moodyscre
Added: Apr 16, 2025
Changed: Oct 25
Last Checked: Nov 1 at 7:59AM
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
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Investment Insights
Based on property information with market context.
This office-flex, warehouse-style property offers condo units that may be purchased or leased individually, with sizes starting at 4,000 SF up to the entire 49,307 SF. All space is delivered as a cold dark shell, allowing occupants to build out to suit. The facility includes varying height ceilings, along with drive-in doors and dock-high loading of varying sizes.
The property is located at 5361–5399 S Alkire Cir in Littleton, CO, with highly visible signage available and adjacency to C-470. Additional site amenities include access to biking and hiking trails, supporting a variety of day-to-day employee and operational needs.
Build-to-suit opportunities are also available up to 250,000 SF, offering flexibility for users whose requirements extend beyond the existing condo unit sizes.
The property is located at 5361–5399 S Alkire Cir in Littleton, CO, with highly visible signage available and adjacency to C-470. Additional site amenities include access to biking and hiking trails, supporting a variety of day-to-day employee and operational needs.
Build-to-suit opportunities are also available up to 250,000 SF, offering flexibility for users whose requirements extend beyond the existing condo unit sizes.
Key Highlights
- Condo office‑flex/lab/warehouse space delivered as a cold dark shell
- Units available individually starting at 4,000 SF up to 49,307 SF total
- Build‑to‑suit opportunities up to 250,000 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,401
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,020
$628.0K
Cap Rate 7%
$448,586
$448.6K
Cap Rate 9%
$348,900
$348.9K
Market Conditions
NOI Build-Up for 3,740 SF
Gross rent
$51.6K $13.80/SF
− Vacancy
−$3.3K −$0.88/SF
EGI
$48.3K $12.92/SF
− OpEx
−$16.9K −$4.52/SF
NOI
$31.4K $8.40/SF
Area
Jefferson County, CO
Vacancy
6.40%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,020
Cap Rate 7%
$448,586
Cap Rate 9%
$348,900
Alternative Uses
Best Use
Flex RnD
$448.6K
$392.5K – $523.4K
NOI $31,401 @ 7.0% cap · market cap 3.37%
Second Best
Industrial
$414.0K
$362.3K – $483.1K
NOI $28,983 @ 7.0% cap · market cap 3.11%
Theoretical Best
Multifamily LT 5
$8.32M
$7.28M – $9.71M
NOI $582,600 @ 7.0% cap · market cap 62.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80127, CO
44,776
Population
17,507
Households
2.6
Avg Household Size
43
Median Age
60%
College-Educated
98%
High-School Grad
66.4 sq mi
ZIP Area
674
Density / Sq Mi
$137,753
Median Household Income
$70,039
Median Earnings
$2,102
Median Rent
$663,900
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Condo units delivered as cold dark shell with drive-in doors and dock-high loading.
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 $932,008.
What are key features of this property?
This property features: Condo office‑flex/lab/warehouse space delivered as a cold dark shell; Units available individually starting at 4,000 SF up to 49,307 SF total; Build‑to‑suit opportunities up to 250,000 SF
