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This exceptional investment opportunity presents a 67,000-square-foot, two-story Class B office building situated at 1101 W Mineral Ave, Littleton, CO 80120. Built in 1981 and significantly renovated in 2013, 2020-2023, the property boasts a desirable location in a high-income suburban area, directly across from a major redevelopment project featuring new retail and over 350 residences. Currently housing ten tenants with 79.4% occupancy, this multi-tenant building offers a strong cash flow with a lease type of NNN. The asking price is $8,000,000, translating to $119.40 per square foot. Recent capital improvements include a new 60-mil TPO roof (2013), updated LED lighting, a complete conversion to 100% electrical systems (including HVAC), high-speed fiber internet access (Comcast & Lumen), resealed windows (2020), fire system upgrades (2021), parking lot resurfacing and striping (2022), and a new hydraulic elevator pump (2023). The property features 240 parking spaces and sits on a 242,890-square-foot lot, zoned BC/PL-O. The anchor tenant offers flexibility regarding long-term occupancy, presenting further opportunities for a buyer. This property provides convenient access to major thoroughfares including Santa Fe Drive, C-470, Broadway, County Line, and Dry Creek, making it an attractive investment in a thriving business park setting. Rent bumps are included in the lease agreements.
Highlights
$8,000,000 asking price for a 67,000 square foot Class B office building.
Multi-tenant property (10 tenants) with 79.4% occupancy and a NNN lease structure.
Located in Littleton, CO, at 1101 W Mineral Ave, in a high-income suburban area across from a major redevelopment project.
Recently renovated (2013, 2020-2023) with upgrades including a new roof, LED lighting, electrical systems, fiber internet, window resealing, fire system upgrades, parking lot resurfacing, and a new elevator pump.
Features 240 parking spaces and offers rent bumps.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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