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    88 Inverness Cir Englewood, CO 80112

    For Sale
    $663,705

    Prime Englewood office, renovated 2023

    Property size:
    2,107 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional Class A office building, located at 88 Inverness Circle E, Englewood, CO 80112, presents a unique investment opportunity. The property boasts 2,107 square feet across two units within a single, one-story building, constructed in 2002 and extensively renovated in 2023. Currently 100% occupied by a single tenant under a modified lease with a remaining term of one year (expiring September 30, 2025), the building offers a strong 8.00% cap rate and a price per square foot of $315. The asking price is $663,705. The lease features a 3% annual rent bump. The property is situated within the prestigious 980-acre Inverness Business Park, offering unparalleled amenities including a state-of-the-art athletic club, hotel, fine dining, and an 18-hole championship golf course. The park also provides convenient access to major highways (I-25, I-225, E-470, and C-470), Park Meadows Mall, and numerous restaurants. Building features include operable windows offering mountain views and landscaped courtyards, walk-up entry, ample parking, and 10-foot ceilings. On-site property management ensures seamless operations. This is an ideal owner-user opportunity or a strong addition to an existing investment portfolio. The property's location, amenities, and recent renovation make it a highly desirable asset in the thriving Englewood market.

    Property Features for 88 Inverness Cir

    General Information

    Property type
    Office space
    Square Feet
    2,107 SF
    Class
    A

    Building Details

    Year Built/Renovated
    2002/2023
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • $663,705 asking price for a Class A, 2,107 square foot office building in Englewood, CO.
    • Modified lease with a remaining term of one year (Lease expires 09/30/2025).
    • 100% occupancy with a current tenant, ReThink Care.
    • Located in the Inverness Business Park, offering amenities such as a golf course, hotel, and athletic club.
    • Features operable windows, ample parking, and 10' ceilings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AVCOM Media Production Video Production Service Norstar Petroleum Inc Oilfield Integro Inc. Software Company TrigPoint Solutions, Inc. Software Company STEPS Psychologist

    Suggested Use

    Restaurant Building Supply Dental Office Spa & Massage Hair Salon Wholesale Shop Auto Repair Shop Nail Salon Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.8610363
    Latitude
    39.575033

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    FAQs

    What type of property is this?
    Office space - Prime Englewood office, renovated 2023
    Where is this office space located?
    The property is located at 88 Inverness Cir Englewood, CO.
    What is the asking price?
    The asking price for this property is $663,705.
    What are key features of this property?
    This property features: $663,705 asking price for a Class A, 2,107 square foot office building in Englewood, CO.; Modified lease with a remaining term of one year (Lease expires 09/30/2025).; 100% occupancy with a current tenant, ReThink Care.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    88 Inverness Cir Englewood, CO 80112
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