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    Lakewood Office Building For Sale Title is generated by Realmo AI

    735 S Xenon Ct, Lakewood, CO 80228

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    Claim this Listing
    For Sale
    $2,150,000

    12,359 SF office building in Lakewood, Colorado, 50% leased.

    Type:Office
    Property size:
    12,359 SF
    Price / SF:
    $173/SF
    Added:
    Nov 21, 2025
    Days on Market:
    229
    Last Refresh:
    May 19 at 9:02 pm

    Property Features for 735 S Xenon Ct

    General Information

    Standard status
    Active
    Size
    12,359 SF
    Property subtype
    Office

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    Eric Shaw
    Eric Shaw

    Listing office Pinnacle Real Estate Advisors

    Listing date Nov 21, 2025

    Source Pinnaclerea

    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

    HighLights

    • 12,359 SF Two‑story office building
    • First floor available for owner/occupant (6,000 SF)
    • 50% Leased Office Building provides immediate income
    • New Roof (installed 2019)
    • New 40‑ton HVAC rooftop unit (Installed 2019)
    • 4 newly constructed spec suites ready for lease

    Overview

    This suburban office property, located in Lakewood, Colorado, is available for sale. The two-story office building has a tilt-up concrete and glass exterior with a steel frame. The building contains 12,359 square feet, and is currently 50% leased. A new roof and a new 40-ton HVAC rooftop unit were installed in 2019. There are four newly constructed spec suites ready for lease. The first floor, comprising 6,000 square feet, is available for an owner/occupant.

    Local 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 $326.3k $26.40
    − Vacancy −$78.3k −$6.34
    EGI $248.0k $20.06
    − OpEx −$62.0k −$5.02
    NOI $186.0k $15.05
    12,359 SF · lease $26.40/SF/yr · vacancy 24.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.66M
    $2.32M – $3.10M (±1% cap)
    NOI $185,978 @ 7.0% cap · market cap 8.65%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.70M
    $3.24M – $4.32M (±1% cap)
    NOI $259,124 @ 7.0% cap · market cap 12.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Carpet & Flooring Store Pet Store Tanning Salon (Bike/Boat/Book/etc) Store Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.14
    Latitude
    39.7309

    FAQs

    What type of property is this?
    Office building - 12,359 SF office building in Lakewood, Colorado, 50% leased.
    Where is this office building located?
    The property is located at 735 S Xenon Ct Lakewood, CO.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: 12,359 SF Two‑story office building; First floor available for owner/occupant (6,000 SF); 50% Leased Office Building provides immediate income
    More about this property
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