Two-Unit Office Condominium
For Sale
Contact for pricing
Pending
7691 Shaffer Pkwy, Littleton, CO 80127
Two adjacent office spaces with separate entrances, signage, restrooms, and ample reserved parking.
Property Size4,849 SF
Days on Market174
Property Features for 7691 Shaffer Pkwy
General Information
Standard status
Pending
Size
4,849 SF
Property subtype
OFFICE
Zoning
PUD
Additional Details
Highway Access
Yes
Office Units
2
Amenities
reserved parking
Building Details
Year Built
2007
Tenancy
Multi
Listing Agency:
Fuller Real Estate
(720) 287-5406
Listed By:
Bob Pipkin · License #IA999775
(720) 287-5410
Source:
Moodyscre
Added: May 8
Changed: Oct 25
Last Checked: Oct 26 at 7:01PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office condominium unit is located within the Courtyards at Deer Creek Office Condominiums, a nine-building complex developed in 2007. The property is zoned PUD, allowing office and professional uses. The condominium consists of two adjacent office spaces, each with separate entrances, signs, and restrooms.
The property is situated on Shaffer Parkway just south of W. Ken Caryl Ave, with easy access to C-470. Ample parking is available, including reserved parking.
The north office space measures 3,928 square feet, while the south office space measures 921 square feet, providing flexibility for combined or separate use depending on tenant needs.
The property is situated on Shaffer Parkway just south of W. Ken Caryl Ave, with easy access to C-470. Ample parking is available, including reserved parking.
The north office space measures 3,928 square feet, while the south office space measures 921 square feet, providing flexibility for combined or separate use depending on tenant needs.
Key Highlights
- Two adjacent office spaces in the Courtyards at Deer Creek Office Condominiums, a nine‑building complex developed in 2007
- Zoned PUD allowing office and professional uses
- Each suite has a separate entrance, signage, and restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,345
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,306,900
$1.3M
Cap Rate 7%
$933,500
$933.5K
Cap Rate 9%
$726,056
$726.1K
Market Conditions
NOI Build-Up for 4,849 SF
Gross rent
$98.3K $20.28/SF
− Vacancy
−$11.2K −$2.31/SF
EGI
$87.1K $17.97/SF
− OpEx
−$21.8K −$4.49/SF
NOI
$65.3K $13.48/SF
Area
Jefferson County, CO
Vacancy
11.40%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,306,900
Cap Rate 7%
$933,500
Cap Rate 9%
$726,056
Alternative Uses
Best Use
Office B
$933.5K
$816.8K – $1.09M
NOI $65,345 @ 7.0% cap · market cap 4.36%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$10.79M
$9.44M – $12.59M
NOI $755,354 @ 7.0% cap · market cap 50.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
726
Businesses Nearby
Explore this area
Business Placement
Demographics for 80127, CO
44,776
Population
17,507
Households
2.6
Avg Household Size
43
Median Age
60%
College-Educated
98%
High-School Grad
66.4 sq mi
ZIP Area
674
Density / Sq Mi
$137,753
Median Household Income
$70,039
Median Earnings
$2,102
Median Rent
$663,900
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Two adjacent office spaces with separate entrances, signage, restrooms, and ample reserved parking.
Where is this office unit 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: Two adjacent office spaces in the Courtyards at Deer Creek Office Condominiums, a nine‑building complex developed in 2007; Zoned PUD allowing office and professional uses; Each suite has a separate entrance, signage, and restrooms
