8500 Bowles AveLittleton, CO 80123

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 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.

• 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

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

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