Leased Office Building with Data
858 Coal Creek Circle Louisville, CO 80027
858 Coal Creek Circle, Louisville, CO, 80027
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For Sale
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Built in 2001 and fully leased through February 2037 to CableLabs, including mission-critical data center and electronics lab space.
Property Size76,975 SF
Price / SF$233.84
Days on Market84
Property Features for 858 Coal Creek Circle
General Information
- Standard status
- Active
- Size
- 76,975 SF
- Property subtype
- Office
Building Details
- Year Built
- 2001
Listing agency
CBRE - Denver Tech Center
(303) 583-2021
Listed by
Campbell Davis · License #CO
Source
Crexi
Added: Apr 30 Updated: Jul 20 at 8:29PM Checked: Jul 20 at 8:29PM
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 CBRE - Denver Tech Center
Investment Insights
Based on property information with market context.
This built-in-2001 office property is currently 100% leased to CableLabs through February 2037. CableLabs has extended their lease by 11 years and invested approximately $1.8 million in improvements to its mission-critical data center, with about 40% of the space configured as electronics lab space.
The building is described as having excellent access and highway visibility, along with abundant parking and a highly amenitized environment. The property is positioned in a central location between Denver and Boulder.
The asset offers a single, in-place tenant arrangement with long-term lease coverage and space improvements supporting mission-critical operations within the overall office building setting.
The building is described as having excellent access and highway visibility, along with abundant parking and a highly amenitized environment. The property is positioned in a central location between Denver and Boulder.
The asset offers a single, in-place tenant arrangement with long-term lease coverage and space improvements supporting mission-critical operations within the overall office building setting.
Key Highlights
- Built in 2001 office asset fully leased to CableLabs through February 2037
- Lease includes mission‑critical data center and electronics lab space (40% electronics lab space)
- CableLabs invested approximately $1.8M to improve their mission critical data center space
Local Financial Insights For Office B
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 | $1.92M | $24.96 |
| − Vacancy | −$557.2k | −$7.24 |
| EGI | $1.36M | $17.72 |
| − OpEx | −$341.0k | −$4.43 |
| NOI | $1.02M | $13.29 |
76,975 SF · lease $24.96/SF/yr · vacancy 29.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$14.62M
$12.79M – $17.05M
NOI $1,023,090 @ 7.0% cap · market cap 5.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$23.22M
$20.32M – $27.10M
NOI $1,625,712 @ 7.0% cap · market cap 9.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Built in 2001 and fully leased through February 2037 to CableLabs, including mission-critical data center and electronics lab space.
Where is this office building located?
The property is located at 858 Coal Creek Circle Louisville, CO.
What is the asking price?
The asking price for this property is $18,000,000.
What are key features of this property?
This property features: Built in 2001 office asset fully leased to CableLabs through February 2037; Lease includes mission‑critical data center and electronics lab space (40% electronics lab space); CableLabs invested approximately $1.8M to improve their mission critical data center space
