For Sale
$4,000,000

5775 Dtc Blvd Greenwood Village, CO 80111

Denver Tech Center Office - Value Add Opportunity

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional Greenwood Village office complex, located at 5775 DTC Blvd, presents a compelling investment opportunity. The property boasts 125,636 square feet across two, four-story buildings, constructed in 1974/1977 and extensively renovated between 2012 and 2014. Currently 36% occupied, it features a desirable tenant mix, including a Fortune 500 company, Fiserv Inc (NYSE: FI), leasing 18% of the space. The property benefits from a prime location in the Denver Tech Center, just one-third of a mile from the Orchard Road and Interstate 25 interchange, and a half-mile from the Orchard Light Rail Station. Large, flexible floorplates (20,000-40,000 sq ft) with 9-foot ceilings, ample parking (up to 5.3/1,000 SF, including covered executive parking and valet service), and stunning mountain views are key features. The property is zoned for Town Center use within the City of Greenwood Village and offers significant leasing advantages. Nearly 60% of the vacant space is in lease-ready condition, presenting a strong value-add opportunity. The asking price is $4,000,000, representing a significant discount to replacement cost. This is an irreplaceable infill location with convenient access to numerous amenities, including restaurants, retail, and public transportation. The average remaining lease term for current tenants is two years. This property offers a unique blend of location, amenities, and potential for significant return on investment.

Highlights

  • $4,000,000 asking price for a Class B, multi-tenant office property.
  • 125,636 square feet, 36% occupancy, in two 4-story buildings.
  • Located at 5775 DTC Blvd, Greenwood Village, CO 80111, in the Denver Tech Center.
  • Built in 1974/1977, renovated 2012-2014, with Town Center zoning.
  • Anchored by Fiserv (NYSE: FI), a Fortune 500 company, occupying 18% of the space; average remaining lease term of 2 years.
  • Significant discount to replacement cost, with excellent freeway access and proximity to light rail.

Property Details for 5775 Dtc Blvd

Property type
Office properties
Square Feet
125,636 SF
Class
B
Year Built/Renovated
1974/2012
Buildings
2
Stories
4

Location Insight

City
Greenwood Village
County
Arapahoe
State
Colorado
Latitude
39.611643146409
Longitude
-104.88701181241

FAQs

What type of property is this?
Office property - Denver Tech Center Office - Value Add Opportunity
Where is the office property located?
The property is located at 5775 Dtc Blvd Greenwood Village, CO.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: $4,000,000 asking price for a Class B, multi-tenant office property.; 125,636 square feet, 36% occupancy, in two 4-story buildings.; Located at 5775 DTC Blvd, Greenwood Village, CO 80111, in the Denver Tech Center.
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5775 Dtc Blvd
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