Corner Office Suite with
For Sale
Contact for pricing
5420 South Quebec Street, Greenwood Village, CO 80111
Corner office unit features hardwood floors, high ceilings, freshly painted interiors, and building elevator access.
Property Size956 SF
Price / SF$287.66
Days on Market584
Property Features for 5420 South Quebec Street
General Information
Standard status
Active
Size
956 SF
Property subtype
OFFICE
Additional Details
Traffic Count
27,000 vehicles/day
Amenities
elevator
Listing Agency:
Pinnacle Real Estate Advisors
(303) 962-9555
Listed By:
Eric Shaw · License #FA40016996
(303) 962-9551
Source:
Moodyscre
Added: Feb 6, 2025
Changed: Sep 6
Last Checked: Sep 13 at 9:49AM
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
Investment Insights
Based on property information with market context.
This corner office suite offers hardwood floors, high ceilings, and freshly painted interiors. The property has undergone recent capital improvements, including a new roof, new boiler, landscaping, and a resurfaced parking lot, along with a complete renovation of common areas. Monument signage is present for the building, and elevator service is available.
The building is located on S. Quebec St, with monument signage noting approximately 27,000 cars per day. Corner positioning provides western views.
The office configuration includes elevator access and is delivered with renovated common areas and updated building components following recent capital improvements.
The building is located on S. Quebec St, with monument signage noting approximately 27,000 cars per day. Corner positioning provides western views.
The office configuration includes elevator access and is delivered with renovated common areas and updated building components following recent capital improvements.
Key Highlights
- Corner office unit with western views
- Hardwood floors, high ceilings, and freshly painted interiors
- Building elevator access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,455
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$209,100
$209.1K
Cap Rate 7%
$149,357
$149.4K
Cap Rate 9%
$116,167
$116.2K
Market Conditions
NOI Build-Up for 956 SF
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.
Gross rent
$17.0K $17.76/SF
− Vacancy
−$3.0K −$3.18/SF
EGI
$13.9K $14.58/SF
− OpEx
−$3.5K −$3.65/SF
NOI
$10.5K $10.94/SF
Area
Arapahoe County, CO
Vacancy
17.90%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$209,100
Cap Rate 7%
$149,357
Cap Rate 9%
$116,167
Alternative Uses
Best Use
Office B
$149.4K
$130.7K – $174.3K
NOI $10,455 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$14.19M
$12.42M – $16.56M
NOI $993,548 @ 7.0% cap · market cap 361.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
27,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
4,367
Businesses Nearby
Explore this area
Business Placement
Demographics for 80111, CO
32,672
Population
13,668
Households
2.4
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
10.9 sq mi
ZIP Area
2,997
Density / Sq Mi
$132,292
Median Household Income
$71,898
Median Earnings
$2,063
Median Rent
$890,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Corner office unit features hardwood floors, high ceilings, freshly painted interiors, and building elevator access.
Where is this office units located?
The property is located at 5420 South Quebec Street Greenwood Village, CO.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Corner office unit with western views; Hardwood floors, high ceilings, and freshly painted interiors; Building elevator access
