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    7851 S Elati Street #101 Littleton, CO 80120

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    For Lease
    $950 /Mo

    Affordable office spaces with shared amenities and convenient location.

    Type:Commercial
    Added:
    Nov 18, 2025
    Days on Market:
    134
    Last Refresh:
    Mar 26 at 2:38 am

    Property Features for 7851 S Elati Street #101

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    We can help!

    Listing Contact
    AMBER WERMERSKIRCHEN
    AMBER WERMERSKIRCHEN

    Listing agent AMBER WERMERSKIRCHEN License #100040405

    Listing office MB THE W REAL ESTATE GROUP

    Listing date Nov 18, 2025

    Source Corcoran

    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 MB THE W REAL ESTATE GROUP

    Overview

    Littleton Office Space For Rent

    Located at 7851 S Elati St, Suite 101, Littleton, this commercial real estate offers affordable private offices and shared spaces. The property is the first office in the building with ground-level access and ample parking. The lease price is $500 per month for the shared offices and $950 per month for the two private offices, with a preference for a minimum 1-year lease term. A drop-in working space is also available and can be negotiated. Amenities include a conference room, kitchen, and a receptionist and Notary on-site Monday through Friday from 8:30 AM to 2 PM. A video room is planned for the near future. The property is situated across from the future new Costco and is minutes from the Littleton/Downtown Light Rail. The location provides convenience and offers competitive rents within Littleton. The property is suitable for various businesses, with potential referral opportunities available.
    Location Intelligence

    Current Use by Public Records

    Teresa M Bahl-Micale Real Estate Agency American Innovations Ltd (Bike/Boat/Book/etc) Store Dr. Peter N. ... Physician The Beckman Law Firm Law Firm Kuhlman and Kuhlman PC: ... Law Firm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Littleton
    County
    Douglas
    State
    Colorado
    Longitude
    -104.998
    Latitude
    39.5749

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    FAQs

    What type of property is this?
    Coworking space - Affordable office spaces with shared amenities and convenient location.
    Where is this coworking space located?
    The property is located at 7851 S Elati Street #101 Littleton, CO.
    What is the lease rate?
    The lease rate is $950 /Mo.
    What are key features of this property?
    This property features: Affordable rent: shared offices from $500/month, private offices from $950/month, among the lowest in Littleton.; Ground‑level access and ample parking.; Convenient location: across from future Costco and minutes from Littleton/Downtown Light Rail.
    (303) 794-8900
    We can help!
    Listing Contact
    AMBER WERMERSKIRCHEN
    AMBER WERMERSKIRCHEN
    Real Estate License ID: 100040405
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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