Standalone Office
For Sale
Contact for pricing
Pending
7510 Sherman St, Denver, CO 80221
Office property with ample parking and convenient access to I-25 and Highway 36.
Property Size2,160 SF
Days on Market326
Property Features for 7510 Sherman St
General Information
Standard status
Pending
Size
2,160 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Listing Agency:
Keller Williams Urban Elite
(303) 458-0100
Listed By:
Ramon Bargas · License #053820
(720) 234-5134
Source:
Moodyscre
Added: Oct 27, 2025
Changed: Sep 6
Last Checked: Sep 16 at 6:25PM
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 Keller Williams Urban Elite
Investment Insights
Based on property information with market context.
This stand-alone office property contains 2,160 square feet and offers ample parking for employees and clients. The building is presented for professional service uses, including medical and dental practices, contractor operations, daycare providers, and other businesses requiring office space.
Located at 7510 Sherman St in Denver, the property has a North Central location with access to I-25 and Highway 36. The highway connections provide convenient travel access for employees and clients.
Located at 7510 Sherman St in Denver, the property has a North Central location with access to I-25 and Highway 36. The highway connections provide convenient travel access for employees and clients.
Key Highlights
- 2,160‑square‑foot stand‑alone office building
- Ample parking for employees and clients
- Access to I‑25 and Highway 36
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
$31,648
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
4.28%
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%
$632,960
$633.0K
Cap Rate 7%
$452,114
$452.1K
Cap Rate 9%
$351,644
$351.6K
Market Conditions
NOI Build-Up for 2,160 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
$57.0K $26.40/SF
− Vacancy
−$14.8K −$6.86/SF
EGI
$42.2K $19.54/SF
− OpEx
−$10.5K −$4.88/SF
NOI
$31.6K $14.65/SF
Area
Denver, CO
Vacancy
26.00%
Lease Rate
$26.40 /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%
$632,960
Cap Rate 7%
$452,114
Cap Rate 9%
$351,644
Alternative Uses
Best Use
Office B
$452.1K
$395.6K – $527.5K
NOI $31,648 @ 7.0% cap · market cap 4.28%
Second Best
Healthcare Medical
$408.8K
$357.7K – $476.9K
NOI $28,616 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$687.6K
$601.7K – $802.2K
NOI $48,132 @ 7.0% cap · market cap 6.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
797
Businesses Nearby
Explore this area
Business Placement
Demographics for 80221, CO
42,224
Population
15,165
Households
2.8
Avg Household Size
34
Median Age
28%
College-Educated
84%
High-School Grad
9.1 sq mi
ZIP Area
4,640
Density / Sq Mi
$84,425
Median Household Income
$42,720
Median Earnings
$1,642
Median Rent
$449,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Denver, CO
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Frequently Asked Questions
What type of property is this?
Office building - Office property with ample parking and convenient access to I-25 and Highway 36.
Where is this office building located?
The property is located at 7510 Sherman St Denver, CO.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: 2,160‑square‑foot stand‑alone office building; Ample parking for employees and clients; Access to I‑25 and Highway 36
