Multi-Floor Private Office
For Sale
Contact for pricing
5750 S ULSTER CIR E, Greenwood Village, CO 80111
Private multi-floor office building with dedicated covered parking, totaling about 5,885 SF, available for purchase.
Property Size5,885 SF
Price / SF$280.37
Days on Market125
Property Features for 5750 S ULSTER CIR E
General Information
Standard status
Active
Size
5,885 SF
Class
B
Total Parking Spaces
14
Property subtype
Office
Zoning
PUD
Amenities
dedicated covered parking
Building Details
Year Built
2003
Buildings
1
Stories
3
Units
14
Listing Agency:
Mohr Partners, Inc. Dallas
Listed By:
Brandon Hiett · License #0670618
Source:
Crexi
Added: May 6
Changed: Sep 6
Last Checked: Sep 7 at 11:42AM
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 Mohr Partners, Inc. Dallas
Investment Insights
Based on property information with market context.
5750 S Ulster Circle E is a private office building offered for sale with a functional multi-floor layout. The property provides approximately 5,885 SF of office space and includes dedicated covered parking for occupants.
The building is presented as a fit for both owner-users and investors, with the offering noting the possibility of a sale-leaseback structure for flexibility around income-oriented ownership. Additional details on pricing and sale structure are available through the broker.
The building is presented as a fit for both owner-users and investors, with the offering noting the possibility of a sale-leaseback structure for flexibility around income-oriented ownership. Additional details on pricing and sale structure are available through the broker.
Key Highlights
- Year built 2003 private office building
- ±5,885 SF multi‑floor office space
- Dedicated covered parking
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
$64,357
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
3.90%
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%
$1,287,140
$1.3M
Cap Rate 7%
$919,386
$919.4K
Cap Rate 9%
$715,078
$715.1K
Market Conditions
NOI Build-Up for 5,885 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
$104.5K $17.76/SF
− Vacancy
−$18.7K −$3.18/SF
EGI
$85.8K $14.58/SF
− OpEx
−$21.5K −$3.65/SF
NOI
$64.4K $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%
$1,287,140
Cap Rate 7%
$919,386
Cap Rate 9%
$715,078
Alternative Uses
Best Use
Office B
$919.4K
$804.5K – $1.07M
NOI $64,357 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$87.37M
$76.45M – $101.94M
NOI $6,116,141 @ 7.0% cap · market cap 370.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,516
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Private multi-floor office building with dedicated covered parking, totaling about 5,885 SF, available for purchase.
Where is this office building located?
The property is located at 5750 S ULSTER CIR E Greenwood Village, CO.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Year built 2003 private office building; ±5,885 SF multi‑floor office space; Dedicated covered parking
