Englewood Office Unit For
For Sale
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88 Inverness Cir E, Englewood, CO 80112
Office unit for sale in Denver Tech Center.
Property Size863 SF
Price / SF$315
Days on Market749
Property Features for 88 Inverness Cir E
General Information
Standard status
Active
Size
863 SF
Property subtype
Office
Building Details
Year Built
2005
Listing Agency:
Resolute Inc
Listed By:
Jack Rohr · License #ER100067283
Source:
Crexi
Added: Jul 18, 2024
Changed: Jul 6
Last Checked: Aug 4 at 11:43AM
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.
This office unit is centrally located in the Denver Tech Center. The property features 10’ ceilings and operable windows. Most spaces have walk-up entries. Ample parking is available. The location provides easy access to I-25, connecting to I-225 and I-70. The property size is 863 square feet.
Key Highlights
- Centrally located in Denver Tech Center
- Easy access from I‑25, connecting to I‑225 and I‑70
- Ample parking
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 | $15.3k | $17.76 |
| − Vacancy | −$2.7k | −$3.18 |
| EGI | $12.6k | $14.58 |
| − OpEx | −$3.1k | −$3.65 |
| NOI | $9.4k | $10.94 |
863 SF · lease $17.76/SF/yr · vacancy 17.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$134.8K
$118.0K – $157.3K
NOI $9,438 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$12.81M
$11.21M – $14.95M
NOI $896,895 @ 7.0% cap · market cap 329.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,549
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office unit for sale in Denver Tech Center.
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 $271,845.
What are key features of this property?
This property features: Centrally located in Denver Tech Center; Easy access from I‑25, connecting to I‑225 and I‑70; Ample parking
