58 Inverness E Dr Englewood, CO 80112-5104
This exceptional investment opportunity presents a 24,868-square-foot, two-story Class B office building situated on a 1.8-acre lot in the prestigious Inverness Park of Englewood, Colorado. The property, built in 1981 and renovated in 2022, boasts a desirable location overlooking the 15th hole of The Club at Inverness, a renowned golf course and resort. Currently housing six tenants, the building enjoys 55.5% occupancy with a weighted average lease term (WALT) of 5.8 years, the earliest lease expiring in Q1 2029. This provides a strong foundation for an owner-user seeking to occupy the approximately 8,637 square feet of vacant first-floor space, allowing for a custom buildout. The property features 3.9 parking spaces per 1,000 square feet and is zoned I-1 (Light Industrial). The asking price is $2,995,000, translating to $120.44 per square foot. The fee-simple ownership offers significant long-term potential, enhanced by the property's proximity to Centennial Airport, a major general aviation hub. Rent bumps are included in the lease agreements. This presents a rare opportunity to acquire a well-maintained office building in a prime location with existing income and significant upside potential for an owner-occupier. The property's address is 58 Inverness Dr E, Englewood, CO 80112, and its APN is 034140107.
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McGuire Law, LLC Law Firm
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AJM Framers General Contractor
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Kaneb Pipe Line Operating Factory Metal Fabrication Plant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.