5353 Dartmouth AveDenver, CO 80227

For Sale
$8,900,000

Denver Office Building, 83,833 SF

Overview

Added:
Dec 11, 2024
Days on market:
91
This five-story, 83,833-square-foot Class B office building in Denver, Colorado, presents a compelling investment opportunity. Located at 5353 W Dartmouth Ave, this multi-tenant property boasts a 74% occupancy rate with staggered lease expirations, offering potential for rental upside. The building, constructed in 1979 and extensively renovated in 2021, features upgraded lobbies, restrooms, and a conference room, along with modern lighting and HVAC systems. All suites enjoy exterior windows and abundant natural light due to the shallow floor plate design. The property sits on a large 152,460 square foot lot, zoned B-2, and offers a mix of suite sizes, catering to diverse tenant needs. Its prime location near Sheridan Blvd. and Hwy 285 provides excellent visibility and accessibility, with nearby amenities including Starbucks, Walgreens, King Soopers, and Home Depot. The building is conveniently located near the Bear Creek greenway and is served by RTD. Energy-efficient improvements have resulted in an Energy Star score of 81 and Energize Denver compliance (62.5 EUI site score, 73.8 target). The asking price is $8,900,000 ($141.60/sq ft), with a land value of $68.87/sq ft. The property's strategic location and existing tenant revenue, coupled with the potential for multi-family redevelopment, make it an attractive investment. Office furniture is available, and non-anchor leases include relocation clauses. The net rentable area is 74,151 square feet.

Highlights

  • $8,900,000 asking price for a 74,151 square foot, Class B office building in Denver, CO.
  • 74% occupancy with staggered lease expirations and below-market rents, offering leasing upside potential.
  • High-profile location with excellent visibility and accessibility; a local landmark.
  • All suites feature exterior windows and great views, with shallow floor plates maximizing natural light.
  • Recently renovated (2021) with upgraded lobbies, restrooms, a conference room, lighting, and HVAC systems.

Property Details for 5353 Dartmouth Ave

Property type
Other office properties, Office properties
Square Feet
83,833 SF
Class
B
Year Built/Renovated
1979/2021
Buildings
1
Stories
5

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.6564075
Longitude
-105.054767
5353 Dartmouth Ave, Denver, Colorado

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5353 Dartmouth Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message