Office
For Sale
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8000 E Prentice Ave Bldg A-A1, Greenwood Village, CO 80111
Established office space in a 1979 commercial building.
Property Size933 SF
Price / SF$294.75
Days on Market69
Property Features for 8000 E Prentice Ave Bldg A-A1
General Information
Standard status
Active
Size
933 SF
Property subtype
Office
Investment Type
Owner/User
Building Details
Year Built
1979
Stories
1
Listing Agency:
Malman Real Estate
Listed By:
Dan Prevedel · License #CO
Source:
Crexi
Added: Aug 3
Changed: Sep 30
Last Checked: Oct 9 at 6:04PM
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 Malman Real Estate
Investment Insights
Based on property information with market context.
Office unit identified as Building A-A1 at 8000 E Prentice Ave in Greenwood Village, Colorado. The property contains 933 square feet of office space within a building constructed in 1979.
Key Highlights
- 933 square feet of office space
- Located at 8000 E Prentice Ave, Bldg A‑A1
- 1979 construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,203
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,060
$204.1K
Cap Rate 7%
$145,757
$145.8K
Cap Rate 9%
$113,367
$113.4K
Market Conditions
NOI Build-Up for 933 SF
Gross rent
$16.6K $17.76/SF
− Vacancy
−$3.0K −$3.18/SF
EGI
$13.6K $14.58/SF
− OpEx
−$3.4K −$3.65/SF
NOI
$10.2K $10.94/SF
Area
Arapahoe County, CO
Vacancy
17.90%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,060
Cap Rate 7%
$145,757
Cap Rate 9%
$113,367
Alternative Uses
Best Use
Office B
$145.8K
$127.5K – $170.1K
NOI $10,203 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$13.85M
$12.12M – $16.16M
NOI $969,645 @ 7.0% cap · market cap 352.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5,380
Businesses Nearby
Explore this area
Business Placement
Demographics for 80111, CO
32,672
Population
13,668
Households
2.4
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
10.9 sq mi
ZIP Area
2,997
Density / Sq Mi
$132,292
Median Household Income
$71,898
Median Earnings
$2,063
Median Rent
$890,500
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 Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Established office space in a 1979 commercial building.
Where is this office units located?
The property is located at 8000 E Prentice Ave Bldg A-A1 Greenwood Village, CO.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 933 square feet of office space; Located at 8000 E Prentice Ave, Bldg A‑A1; 1979 construction
