Littleton Retail/Office Condo For
7701 Shaffer Parkway Littleton, CO 80127
For Sale
Contact for pricing
Move-in ready retail or office condo in desirable Ken Caryl.
Property Size1,237 SF
Price / SF$403.40
Days on Market65
Property Features for 7701 Shaffer Parkway
General Information
Standard status
Active
Size
1,237 SF
Property subtype
Retail
Building Details
Year Built
2018
Listing Agency:
Kentwood Commercial
Listed By:
Jen Fillion · License #EA40042617
Source:
Crexi
Added: May 26
Changed: Jul 10
Last Checked: Jul 28 at 12:02PM
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 Kentwood Commercial
Investment Insights
Based on property information with market context.
Located in the Ken Caryl neighborhood of Littleton, this 1,237 square foot retail or storefront office condo is available for purchase within the Courtyards at Deer Creek complex. Constructed in 2018, the property features an exterior with landscaping and offers visibility and access to E-470. The corner unit has an open-concept layout and 13-foot industrial-style ceilings. The space includes a reception area, open work floor, private restroom, and a back room with storage. Two rooftop HVAC units provide climate control and air conditioning. Currently operating as a salon, the space is suitable for similar uses, with the existing business available for purchase separately. The unit offers building signage opportunities and includes designated parking spaces, along with surface lot parking. This is a suitable opportunity for an owner-user seeking a move-in-ready space.
Key Highlights
- Prime location in the highly desirable Ken Caryl neighborhood of Littleton.
- Modern, open‑concept layout with 13‑foot industrial‑style ceilings.
- Built in 2018 and in well‑maintained Courtyards at Deer Creek complex.
Financial Insights For Retail
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 | $37.3k | $30.12 |
| − Vacancy | −$857 | −$0.69 |
| EGI | $36.4k | $29.43 |
| − OpEx | −$10.9k | −$8.83 |
| NOI | $25.5k | $20.60 |
1,237 SF · lease $30.12/SF/yr · vacancy 2.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$364.0K
$318.5K – $424.7K
NOI $25,481 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$424.9K
$371.8K – $495.7K
NOI $29,742 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Move-in ready retail or office condo in desirable Ken Caryl.
Where is this retail space located?
The property is located at 7701 Shaffer Parkway Littleton, CO.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Prime location in the highly desirable Ken Caryl neighborhood of Littleton.; Modern, open‑concept layout with **13‑foot industrial‑style ceilings.**; Built in 2018 and in well‑maintained Courtyards at Deer Creek complex.
