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.
Property Details
for 1101 Mineral Ave
Property type
Office properties
Square Feet
67,000 SF
Class
B
Year Built
1981
Stories
2
Location Insight
City
Littleton
County
Arapahoe
State
Colorado
Latitude
39.574084689266
Longitude
-105.00204824396
Nearby Similar for Sale
For Sale
$2,300,000
Littleton Office Building - $2.3M
Vacant, 15,614 SF Office Building in Littleton, CO
The property is located at 1101 Mineral Ave Littleton, CO.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: $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.
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Mineral Ave Littleton, CO 80120
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Disclaimer
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.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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1101 Mineral Ave
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