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Englewood Office Park Near Golf

88 Inverness Cir East Englewood, CO 80112

88 Inverness Cir East, Englewood, CO, 80112
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For Sale
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Class A office spaces with flexible terms and advanced technology.

Property Size2,228 SF
Price / SF$285.97
Days on Market1197

Property Features for 88 Inverness Cir East

General Information

Standard status
Active
Size
2,228 SF
Property subtype
Office

Building Details

Year Built
2002
Listing Agency Resolute Inc
Listed by Jack Rohr · License #ER100067283
Source Crexi
Added: Apr 11, 2023 Updated: Jul 6 at 7:57 am Checked: Jul 19 at 7:45 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.

This office park, located next to Inverness Golf Course, features on-site management and 14 Class A buildings designed for small office spaces. The property provides amenities and features typically available to larger tenants, including private entrances, signage, and control over access and HVAC. Occupants can enjoy fresh air and views of landscaping and the golf course. The 2228 square foot office court has received design awards and has been evolving for 30 years to meet small users' needs. Custom space plans, expansion options, flexible lease terms, and easy deal processes create ideal work environments. Advanced technology ensures small size doesn't mean small business.

Key Highlights

  • On‑site management and Class A buildings provide a professional environment.
  • Enjoy amenities typically reserved for larger tenants, including private entrances and individual HVAC control.
  • Scenic views of landscaping and the Inverness Golf Course.

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 $39.6k $17.76
− Vacancy −$7.1k −$3.18
EGI $32.5k $14.58
− OpEx −$8.1k −$3.65
NOI $24.4k $10.94
2,228 SF · lease $17.76/SF/yr · vacancy 17.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$348.1K
$304.6K – $406.1K (±1% cap)
NOI $24,365 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$33.08M
$28.94M – $38.59M (±1% cap)
NOI $2,315,508 @ 7.0% cap · market cap 363.42%
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 Oilfield Integro Inc. (Bike/Boat/Book/etc) Store TrigPoint Solutions, Inc. (Bike/Boat/Book/etc) Store STEPS Physician

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher (Bike/Boat/Book/etc) Store Daycare Center Pet Store Cafe & Coffee Shop Pet Store & Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Class A office spaces with flexible terms and advanced technology.
Where is this office building located?
The property is located at 88 Inverness Cir East Englewood, CO.
What is the asking price?
The asking price for this property is $637,140.
What are key features of this property?
This property features: On‑site management and Class A buildings provide a professional environment.; Enjoy amenities typically reserved for larger tenants, including private entrances and individual HVAC control.; Scenic views of landscaping and the Inverness Golf Course.
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