End Cap Flex Office
99 INVERNESS DR E Englewood, CO 80112
99 INVERNESS DR E, Englewood, CO, 80112
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For Sale
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Modern end cap flex office with three-sided glass and move-in-ready office/light industrial layout.
Property Size11,019 SF
Price / SF$249.02
Days on Market71
Property Features for 99 INVERNESS DR E
General Information
- Standard status
- Active
- Size
- 11,019 SF
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 1980
Listing agency
Sheldon-Gold Realty Inc
(303) 482-2828
Listed by
Mary Jo Cummings · License #40024514
Source
Crexi
Added: May 12 Updated: Jul 21 at 5:38AM Checked: Jul 21 at 5:38AM
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 Sheldon-Gold Realty Inc
Investment Insights
Based on property information with market context.
This modern end cap flex office suite offers a work environment built for flexibility, with a thoughtfully designed layout and move-in-ready configurations. The space features high-end finishes, abundant natural light, and glass on three sides, along with vibrant interior accents.
Located at 99 Inverness Dr E in Englewood, the suite’s end cap positioning and open, light-filled design support a range of office and light industrial uses.
Overall, the property combines office finishes with flex functionality, making it well-suited for tenants looking to operate in a polished, functional setting.
Located at 99 Inverness Dr E in Englewood, the suite’s end cap positioning and open, light-filled design support a range of office and light industrial uses.
Overall, the property combines office finishes with flex functionality, making it well-suited for tenants looking to operate in a polished, functional setting.
Key Highlights
- Modern end cap flex office space built in 1980
- Three‑sided glass for abundant natural light
- Move‑in‑ready office/light industrial layout
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 | $195.7k | $17.76 |
| − Vacancy | −$35.0k | −$3.18 |
| EGI | $160.7k | $14.58 |
| − OpEx | −$40.2k | −$3.65 |
| NOI | $120.5k | $10.94 |
11,019 SF · lease $17.76/SF/yr · vacancy 17.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.72M
$1.51M – $2.01M
NOI $120,501 @ 7.0% cap · market cap 4.39%
Second Best
Industrial
$1.18M
$1.03M – $1.38M
NOI $82,710 @ 7.0% cap · market cap 3.01%
Theoretical Best
Multifamily LT 5
$163.60M
$143.15M – $190.86M
NOI $11,451,786 @ 7.0% cap · market cap 417.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. Prusmack (Rocky ...
Physician
Resilience Code Physical ...
Medical Clinic
Resilience Imaging
Medical Clinic
Corporate Properties Inc
Real Estate Agency
Ed Carriere MD
Physician
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FAQs
What type of property is this?
Flex space - Modern end cap flex office with three-sided glass and move-in-ready office/light industrial layout.
Where is this flex space located?
The property is located at 99 INVERNESS DR E Englewood, CO.
What is the asking price?
The asking price for this property is $2,744,000.
What are key features of this property?
This property features: Modern end cap flex office space built in 1980; Three‑sided glass for abundant natural light; Move‑in‑ready office/light industrial layout