6850 Evans AveDenver, CO 80224

Property Details for 6850 Evans Ave

Year built

1971

Construction

WOOD

Lot size

0.51 AC

Property size (Sq ft)

10,703 SF

Zone code

S-CC-3X

Property type

Office properties

Property subtype

Office buildings

APN

06291-00-075-000

APU

629100075000

Description

This exceptional 3-story, 11,892 square foot commercial building at 6850 E Evans Ave, Denver, CO 80224, offers a prime 3,500 square foot office space for lease on the third floor. The property, classified as Class C, was built in 1970 and sits on a 0.51-acre lot. The building features an elevator and ample on-site parking, catering to the needs of both employees and clients. The open floor plan provides flexibility for various business configurations, making it ideal for medical, traditional, or creative office uses. Zoned S-CC-3X, this single-tenant space is competitively priced at $8.95 per square foot, plus NNN charges. Tenant improvements are available for qualified tenants. Its convenient location provides easy access to major highways and public transportation, ensuring seamless commutes for staff and clients. The property's versatile design and strategic location make it an attractive option for businesses seeking a functional and accessible workspace in Denver. The building's total square footage is 11,892 square feet, with 3,500 square feet currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $2,008,909

  6.5%

  $1,854,377

  7%

  $1,721,922

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,099,592

  Geo Method

  $884,282

• Alternative Use

  Use

  Valuation

  Residential

  $2,299,428

  Hospitality

  $2,106,264

  Educational

  $1,752,386

  Medical

  $1,812,654

  Retail

  $2,725,934

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.6781

Longitude

-104.909

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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