Denver Tech Center Office
88 Inverness Cir E Englewood, CO 80112
88 Inverness Cir E, Englewood, CO, 80112
Contact for pricing
For Sale
Contact for pricing
Office spaces with walk-up entries in Denver Tech Center.
Property Size2,103 SF
Price / SF$315
Days on Market733
Property Features for 88 Inverness Cir E
General Information
- Standard status
- Active
- Size
- 2,103 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 Updated: Jul 6 at 8:12 am Checked: Jul 17 at 4:41 am
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 in the Denver Tech Center, this commercial property offers office spaces with walk-up entries. The property features operable windows in each building and 10-foot ceilings. It provides easy access to I-25, connecting to I-225 and I-70. Ample parking is available. The property contains 2,103 square feet.
Key Highlights
- Centrally located in Denver Tech Center
- Easy access from I‑25, connecting to I‑225 and I‑70
- Ample parking
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 | $37.3k | $17.76 |
| − Vacancy | −$6.7k | −$3.18 |
| EGI | $30.7k | $14.58 |
| − OpEx | −$7.7k | −$3.65 |
| NOI | $23.0k | $10.94 |
2,103 SF · lease $17.76/SF/yr · vacancy 17.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$328.5K
$287.5K – $383.3K
NOI $22,998 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$31.22M
$27.32M – $36.43M
NOI $2,185,598 @ 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 - Office spaces with walk-up entries 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 $662,445.
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