Inverness Business Park Office
For Sale
Contact for pricing
88 INVERNESS CIR E, Englewood, CO 80112
Office space in master-planned Inverness Business Park.
Property Size1,616 SF
Price / SF$315
Days on Market155
Property Features for 88 INVERNESS CIR E
General Information
Standard status
Active
Size
1,616 SF
Class
B
Property subtype
Office
Zoning
PUD
Building Details
Year Built
2006
Stories
1
Units
4
Listing Agency:
Resolute Inc
Listed By:
Jack Rohr · License #ER100067283
(303) 842-1869
Source:
Crexi
Added: May 13
Changed: Oct 6
Last Checked: Oct 12 at 8:07PM
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 Resolute Inc
Investment Insights
Based on property information with market context.
Located within the 980-acre Inverness Business Park, this office space benefits from a master-planned development with numerous amenities. These include the Colorado Athletic Club, a 302-room Inverness Hotel featuring state-of-the-art conference facilities, fine dining options, and an 18-hole championship golf course. The southern part of Inverness Business Park provides a jogging/walking trail, sports fields, picnic areas, and a pond. The property offers convenient access to major highways, including I-25, I-225, E-470, and C-470. Park Meadows Mall and a variety of quick-serve and full-service restaurants are located just minutes away. The office space provides operable windows that offer fresh air and views of landscaping, the golf course, and courtyards. With over three decades of experience, Office Court has tailored its product to meet the needs of small businesses, earning several design and planning accolades. The property offers customized space plans, expansion possibilities, adaptable lease terms, and a streamlined deal process. The property size is 1616 square feet.
Key Highlights
- Premier location within the 980‑acre Inverness Business Park.
- Access to amenities including the Colorado Athletic Club, Inverness Hotel, golf course, and dining.
- Convenient access to major highways (I‑25, I‑225, E‑470, C‑470).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,672
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,440
$353.4K
Cap Rate 7%
$252,457
$252.5K
Cap Rate 9%
$196,356
$196.4K
Market Conditions
NOI Build-Up for 1,616 SF
Gross rent
$28.7K $17.76/SF
− Vacancy
−$5.1K −$3.18/SF
EGI
$23.6K $14.58/SF
− OpEx
−$5.9K −$3.65/SF
NOI
$17.7K $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%
$353,440
Cap Rate 7%
$252,457
Cap Rate 9%
$196,356
Alternative Uses
Best Use
Office B
$252.5K
$220.9K – $294.5K
NOI $17,672 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$23.99M
$20.99M – $27.99M
NOI $1,679,471 @ 7.0% cap · market cap 329.93%
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
1,633
Businesses Nearby
Explore this area
Business Placement
Demographics for 80112, CO
35,713
Population
16,874
Households
2.1
Avg Household Size
36
Median Age
62%
College-Educated
97%
High-School Grad
17.8 sq mi
ZIP Area
2,006
Density / Sq Mi
$107,504
Median Household Income
$61,944
Median Earnings
$1,948
Median Rent
$627,500
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 - Office space in master-planned Inverness Business Park.
Where is this office units located?
The property is located at 88 INVERNESS CIR E Englewood, CO.
What is the asking price?
The asking price for this property is $509,040.
What are key features of this property?
This property features: Premier location within the 980‑acre Inverness Business Park.; Access to amenities including the Colorado Athletic Club, Inverness Hotel, golf course, and dining.; Convenient access to major highways (I‑25, I‑225, E‑470, C‑470).
