Littleton Retail/Office Condo For
For Sale
Contact for pricing
7701 Shaffer Parkway, Littleton, CO 80127
Move-in ready retail or office condo in desirable Ken Caryl.
Property Size1,237 SF
Price / SF$403.40
Days on Market146
Property Features for 7701 Shaffer Parkway
General Information
Standard status
Active
Size
1,237 SF
Class
B
Property subtype
Retail
Building Details
Year Built
2018
Listing Agency:
Kentwood Commercial
Listed By:
Jen Fillion · License #EA40042617
Source:
Crexi
Added: May 26
Changed: Oct 8
Last Checked: Oct 16 at 8:41AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$19,758
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,160
$395.2K
Cap Rate 7%
$282,257
$282.3K
Cap Rate 9%
$219,533
$219.5K
Market Conditions
NOI Build-Up for 1,237 SF
Gross rent
$29.8K $24.12/SF
− Vacancy
−$1.6K −$1.30/SF
EGI
$28.2K $22.82/SF
− OpEx
−$8.5K −$6.85/SF
NOI
$19.8K $15.97/SF
Area
Jefferson County, CO
Vacancy
5.40%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,160
Cap Rate 7%
$282,257
Cap Rate 9%
$219,533
Alternative Uses
Best Use
Retail
$282.3K
$247.0K – $329.3K
NOI $19,758 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.75M
$2.41M – $3.21M
NOI $192,694 @ 7.0% cap · market cap 38.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
747
Businesses Nearby
103k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 19%
Groceries 19%
Hotels & Casinos 3%
McDonald's
Dining
20,452 visits/mo
0.3 miles
Safeway
Groceries
19,313 visits/mo
0.2 miles
SONIC Drive In
Dining
18,144 visits/mo
0.2 miles
Chipotle Mexican Grill
Dining
10,875 visits/mo
0.3 miles
Cobblestone Auto Spa
Shops & Services
8,439 visits/mo
0.5 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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.
