Office Condo with Private
For Sale
$357,740
B-13976 W Bowles Ave, Littleton, CO 80127
Thoughtfully laid-out suite with private reception, four offices, private restroom, kitchenette, and Quantum Fiber connectivity.
Property Size1,276 SF
Price / SF$280.36
Days on Market114
Property Features for B-13976 W Bowles Ave
General Information
Standard status
Active
Size
1,276 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$7,687
Listing Agency:
Keller Williams Advantage Realty LLC
(303) 986-4300
Listed By:
Ryan Devin · License #10401291865
(303) 579-9428
Source:
Exprealty
Added: May 29
Changed: Sep 10
Last Checked: Sep 18 at 11:48AM
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 Keller Williams Advantage Realty LLC
Investment Insights
Based on property information with market context.
This office condo offers a professionally configured interior with a welcoming shared lobby and a private reception area. Inside, the suite includes four private offices, a private restroom, a kitchenette, and additional storage space. Finishes are elevated with custom solid wood doors, trim, and blinds that give the space a polished, turnkey feel.
Located at 13976 W Bowles Avenue, Unit 102 in Littleton, the property is positioned just off C-470 and Bowles Avenue, supporting convenient day-to-day access for both clients and employees. The building is also equipped with Quantum Fiber, designed to support fast, reliable business connectivity.
The layout is a strong fit for professionals who want a client-ready reception area alongside multiple private offices. With dedicated restroom access and a kitchenette within the suite, it supports self-contained, day-to-day operations. For technology-reliant teams, the Quantum Fiber service helps accommodate modern communications and business systems.
Located at 13976 W Bowles Avenue, Unit 102 in Littleton, the property is positioned just off C-470 and Bowles Avenue, supporting convenient day-to-day access for both clients and employees. The building is also equipped with Quantum Fiber, designed to support fast, reliable business connectivity.
The layout is a strong fit for professionals who want a client-ready reception area alongside multiple private offices. With dedicated restroom access and a kitchenette within the suite, it supports self-contained, day-to-day operations. For technology-reliant teams, the Quantum Fiber service helps accommodate modern communications and business systems.
Key Highlights
- 1,276 SF office condo suite with private reception, four private offices, private restroom, and kitchenette
- Shared lobby and additional storage space included in the suite layout
- High‑end finishes including custom solid wood doors, trim, and blinds
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,236
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$444,720
$444.7K
Cap Rate 7%
$317,657
$317.7K
Cap Rate 9%
$247,067
$247.1K
Market Conditions
NOI Build-Up for 1,276 SF
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.
Gross rent
$35.7K $27.96/SF
− Vacancy
−$6.0K −$4.73/SF
EGI
$29.6K $23.23/SF
− OpEx
−$7.4K −$5.81/SF
NOI
$22.2K $17.43/SF
Area
Douglas County, CO
Vacancy
16.90%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$444,720
Cap Rate 7%
$317,657
Cap Rate 9%
$247,067
Alternative Uses
Best Use
Office B
$317.7K
$278.0K – $370.6K
NOI $22,236 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$438.3K
$383.5K – $511.3K
NOI $30,680 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,317
Businesses Nearby
Explore this area
Business Placement
Demographics for 80127, CO
44,776
Population
17,507
Households
2.6
Avg Household Size
43
Median Age
60%
College-Educated
98%
High-School Grad
66.4 sq mi
ZIP Area
674
Density / Sq Mi
$137,753
Median Household Income
$70,039
Median Earnings
$2,102
Median Rent
$663,900
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Thoughtfully laid-out suite with private reception, four offices, private restroom, kitchenette, and Quantum Fiber connectivity.
Where is this office units located?
The property is located at B-13976 W Bowles Ave Littleton, CO.
What is the asking price?
The asking price for this property is $357,740.
What are key features of this property?
This property features: 1,276 SF office condo suite with private reception, four private offices, private restroom, and kitchenette; Shared lobby and additional storage space included in the suite layout; High‑end finishes including custom solid wood doors, trim, and blinds
