Dual-Entrance Office
7691 Shaffer Pkwy. Littleton, CO 80127
7691 Shaffer Pkwy., Littleton, CO, 80127
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For Sale
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Two adjacent office spaces with separate entrances, signs, and restrooms, in a 2007 office condominium complex with ample parking.
Property Size4,849 SF
Price / SF$309.34
Days on Market75
Property Features for 7691 Shaffer Pkwy.
General Information
- Standard status
- Active
- Size
- 4,849 SF
- Property subtype
- Office
Building Details
- Year Built
- 2007
Listing agency
Fuller Real Estate
Listed by
Mike Haley · License #CO EA1287845
Source
Crexi
Added: May 9 Updated: Jul 22 at 5:48PM Checked: Jul 22 at 5:48PM
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 Fuller Real Estate
Investment Insights
Based on property information with market context.
This offering is part of the Courtyards at Deer Creek Office Condominiums, a nine-building office condominium complex developed in 2007. The condominium consists of two adjacent office spaces with separate entrances, signs, and restrooms. The north side measures 3,928 square feet and the south side measures 921 square feet, and each side operates as a distinct suite.
The property is located on Shaffer Parkway just south of W. Ken Caryl Ave, with easy access to C-470. The PUD zoning allows office and professional uses, and the complex provides ample parking, including reserved parking.
The seller could lease back one of the sides, providing flexibility for occupancy timing after the sale.
The property is located on Shaffer Parkway just south of W. Ken Caryl Ave, with easy access to C-470. The PUD zoning allows office and professional uses, and the complex provides ample parking, including reserved parking.
The seller could lease back one of the sides, providing flexibility for occupancy timing after the sale.
Key Highlights
- Part of the Courtyards at Deer Creek Office Condominiums, a nine‑building complex developed in 2007
- Two adjacent office spaces with separate entrances, signs, and restrooms
- North office totals 3,928 sq. ft.; south office totals 921 sq. ft.
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 | $135.6k | $27.96 |
| − Vacancy | −$22.9k | −$4.73 |
| EGI | $112.7k | $23.23 |
| − OpEx | −$28.2k | −$5.81 |
| NOI | $84.5k | $17.43 |
4,849 SF · lease $27.96/SF/yr · vacancy 16.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,499 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.94M
NOI $116,588 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Arnold & Arnold, LLP
Law Firm
Wilkening Murray
Law Firm
Color by Toni
Hair Salon
RF Studios Winter ...
Hair Salon
Winter Wild Aesthetics
Spa & Massage Center
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FAQs
What type of property is this?
Office units - Two adjacent office spaces with separate entrances, signs, and restrooms, in a 2007 office condominium complex with ample parking.
Where is this office units located?
The property is located at 7691 Shaffer Pkwy. Littleton, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Part of the Courtyards at Deer Creek Office Condominiums, a nine‑building complex developed in 2007; Two adjacent office spaces with separate entrances, signs, and restrooms; North office totals 3,928 sq. ft.; south office totals 921 sq. ft.
