Class A Office Park
88 Inverness Cir E Englewood, CO 80112
88 Inverness Cir E, Englewood, CO, 80112
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For Sale
Contact for pricing
Managed office spaces designed for small businesses in Englewood, Colorado.
Property Size744 SF
Price / SF$315
Days on Market735
Property Features for 88 Inverness Cir E
General Information
- Standard status
- Active
- Size
- 744 SF
- Property subtype
- Office
Building Details
- Year Built
- 2002
Listing agency
Resolute Inc
Listed by
Jack Rohr · License #ER100067283
Source
Crexi
Added: Jul 18, 2024 Updated: Jul 6 at 7:38AM Checked: Jul 22 at 7:25AM
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 Class A office park, situated next to Inverness Golf Course, comprises managed office spaces within a 14-building complex tailored for small businesses. Known as Office Court on Inverness, the property provides amenities and services typically found in larger tenant spaces, including private entrances, signage options, and individual HVAC control. The design emphasizes a comfortable working environment, with operable windows offering views of landscaping, the Inverness Golf Course, and courtyard areas. Over the past 30 years, Office Court at Inverness has adapted its product to suit small businesses, earning design and planning awards. Custom space plans and flexible lease terms are available, along with modern technology such as easy networking and multiple fiber optic connections. The property contains 744 square feet of space.
Key Highlights
- Managed office spaces designed for small businesses, within a 14‑building complex.
- Amenities and services typically available to larger tenants, including private entrances, signage, and HVAC control.
- Operable windows offer views of landscaping, Inverness Golf Course, and courtyards.
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 | $13.2k | $17.76 |
| − Vacancy | −$2.4k | −$3.18 |
| EGI | $10.8k | $14.58 |
| − OpEx | −$2.7k | −$3.65 |
| NOI | $8.1k | $10.94 |
744 SF · lease $17.76/SF/yr · vacancy 17.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$116.2K
$101.7K – $135.6K
NOI $8,136 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$11.05M
$9.67M – $12.89M
NOI $773,222 @ 7.0% cap · market cap 329.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
AVCOM Media Production
Film Production
Norstar Petroleum Inc
Well Drilling Contractor
Integro Inc.
(Bike/Boat/Book/etc) Store
TrigPoint Solutions, Inc.
(Bike/Boat/Book/etc) Store
STEPS
Physician
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FAQs
What type of property is this?
Office units - Managed office spaces designed for small businesses in Englewood, Colorado.
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 $234,360.
What are key features of this property?
This property features: Managed office spaces designed for small businesses, within a 14‑building complex.; Amenities and services typically available to larger tenants, including private entrances, signage, and HVAC control.; Operable windows offer views of landscaping, Inverness Golf Course, and courtyards.
