8500 Bowles AveLittleton, CO 80123

  • Office properties
  • 38,723 SF
For Lease
$19.50/SF/YR View listing

Property Details for 8500 Bowles Ave

Year built
1984
Construction
STEEL FRAME
Lot size
2.43 AC
Property size (Sq ft)
38,723 SF
Property type
Office properties
Property subtype
Office buildings
APN
59-221-03-013
APU
5922103013

Description

This exceptional office building, totaling 36,656 square feet, offers multiple tenancy options in a highly desirable southwest Denver location. Currently, 7,201 square feet of space is available, divisible into units ranging from 1,105 to 2,857 contiguous square feet. The building, constructed in 1984 and situated on a 2.67-acre lot, features convenient amenities including elevators and ample parking (4.1 spaces per 1,000 square feet). Available suites are located on the second and third floors, providing attractive views. The building enjoys a prime location just west of the Wadsworth Boulevard and West Bowles Avenue intersection, offering easy access to a wealth of nearby retail and restaurant options. The Southwest Plaza is conveniently located across Bowles Avenue. A Wells Fargo bank branch is situated within the building's lobby, providing added convenience for tenants and visitors. This property presents a unique opportunity for businesses seeking high-quality office space in a vibrant and accessible location. The building's strategic placement ensures excellent visibility and accessibility, making it an ideal choice for a variety of businesses. The available space is perfect for companies seeking flexible and modern office solutions in a well-established commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,285,122
    6.5%
    $6,724,728
    7%
    $6,244,390
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,583,149
    Geo Method
    $3,199,294
  • Alternative Use

    Use
    Valuation
    Residential
    $8,338,663
    Hospitality
    $7,638,170
    Educational
    $6,354,868
    Medical
    $6,573,422
    Retail
    $9,885,350
8500 Bowles Ave, Littleton, Colorado

Location Insight

City
Littleton
County
Jefferson
State
Colorado
Latitude
39.6093
Longitude
-105.095
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$108,456
$694,012
$413,367
$1,107,379
-
$2,487,499
$1,511,601
$3,999,100

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