Class A Office Park
For Sale
Contact for pricing
88 Inverness Cir E, Englewood, CO 80112
Managed office spaces designed for small businesses in Englewood, Colorado.
Property Size744 SF
Price / SF$315
Days on Market825
Property Features for 88 Inverness Cir E
General Information
Standard status
Active
Size
744 SF
Class
A
Property subtype
Office
Investment Type
Owner/User
Building Details
Year Built
2002
Buildings
1
Stories
1
Units
1
Listing Agency:
Resolute Inc
Listed By:
Jack Rohr · License #ER100067283
(303) 842-1869
Source:
Crexi
Added: Jul 18, 2024
Changed: Oct 3
Last Checked: Oct 19 at 6:21AM
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
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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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,136
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$162,720
$162.7K
Cap Rate 7%
$116,229
$116.2K
Cap Rate 9%
$90,400
$90.4K
Market Conditions
NOI Build-Up for 744 SF
Gross rent
$13.2K $17.76/SF
− Vacancy
−$2.4K −$3.18/SF
EGI
$10.8K $14.58/SF
− OpEx
−$2.7K −$3.65/SF
NOI
$8.1K $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%
$162,720
Cap Rate 7%
$116,229
Cap Rate 9%
$90,400
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 authorities.
How Realmo checks its estimates
Property Analytics
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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
Frequently Asked Questions
What type of property is this?
Office unit - Managed office spaces designed for small businesses in Englewood, Colorado.
Where is this office unit 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.
