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Investment Highlights

  • Class A Interior Finishes
  • Dock High + Drive-In Loading
  • Professionally Managed
  • Easy Access to US-36
  • Business Park Setting
  • 1600 Amps; 3-phase and single phase power

Executive Summary

Professional business park setting off 108th Ave and Wadsworth Blvd. This flex buildling features brick construction, 18' clear ceiling height, dock-hi and drive-in loading, 1600 amps, 3-phase and single-phase power, large truck court for easy maneuverability, and much more. The current availability in 10875 Dover St consists of 22,478 SF of contiguous flex condos divisible to 5,078 SF. Priced for owner/users and investors alike, the sale price ranges from $200/SF-$225/SF. Lease rates start at $14.00/SF NNN. NNN's for 2026 are estimated to be $9.15/SF. The space is 90% office with ability to convert to warehouse. Two water lines run horizontally through the building offering ultimate flexibility to create lab space, light manufacturing, R&D, and many other uses. The ability to reuse the Class A interior finishes provides for potential cost savings over spaces in shell condition. The spaces have a varying degree of private offices, open space, conference rooms, kitchens, showroom, warehouse, lab, and the ability to modify as needed.

5 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 22,478 SF
  • Flex
  • $4,495,600 ($200.00/SF)
  • -
Sale Type Investment or Owner User
Description
This offering consists of eight contiguous 2nd generation flex condo units totaling 22,478 SF. The current configurations of each unit consist of two condos. Units can be combined. Each unit has a varying level of office to warehouse space as well as a varying level of private offices to open office.    
  • Units 100-200: 5,078 SF (Leased) / Priced at $1,015,600 / 7% cap rate /  $200/SF
  • Units 300-400: 5,640 SF (Vacant) / Priced at $1,269,000 / $225/SF
  • Units 500-600: 5,880 SF (Vacant) / Priced at $1,323,000 / $225/SF
  • Units 700-800: 5,880 SF (Vacant) / Priced at $1,323,000 / $225/SF
    All Units: 22,478 SF / Priced at $4,425,600 / $200/SF
Sale Notes
22,478 SF of contiguous flex condos divisible to 5,078 SF. SF. Sale price from $200/SF-$225/SF. Lease rate from $14.00/SF NNN. Dock-hi and drive-in loading. 90% office with ability to convert to warehouse. Class A interior finishes. Combination of private offices and open space. Located off 108th Ave and Wadsworth Pkwy.
  • Unit 100/200
  • 5,078 SF
  • Flex
  • $1,015,000 ($199.88/SF)
  • $71,050
Sale Type Investment or Owner User
Cap Rate 7.00%
Sale Conditions 1031 Exchange
Description
Corner unit 5,078 Sf flex condo with reception area, three private offices, conference room, open space breakroom, and warehouse space. Lots of windows and skylight bringing in natural light. Furniture is negotiable. Contiguous with Units 300-800 for option to own/lease 10,718 SF, 16,598 SF, or 22,478 Sf.
Sale Notes
New five-year NNN lease signed. Investment sale at 7% cap rate on actual number. 5,078 Sf flex condo. Contiguous with Units 300-800 for option to own/lease 10,718 SF, 16,598 SF, or 22,478 Sf.
  • Unit 300/400
  • 5,640 SF
  • Flex
  • $1,269,000 ($225.00/SF)
  • -
Sale Type Investment or Owner User
Description
100% office buildout with ability to open up for warehouse. Combination of private offices, conference rooms, and oipen space. Furniture is negotiable.Dock-hi loading. Contiguous with Units 500-800 with the ability to own/lease 10,718 SF, 16,598 SF, or 22,478 SF.
Sale Notes
100% office buildout with ability to open up for warehouse. Combination of private offices, conference rooms, and oipen space. Furniture is negotiable.Dock-hi loading. Contiguous with Units 500-800 with the ability to own/lease 10,718 SF, 16,598 SF, or 22,478 SF.
  • Unit 500/600
  • 5,880 SF
  • Flex
  • $1,323,000 ($225.00/SF)
  • -
Sale Type Investment or Owner User
Description
5,880 Flex condo with Class A office finishes. Buildout with 21 private offices, 2 conference rooms, large breakroom, and open space. Furniture may be available. Contiguous with Units 300-400 and Units 700-800. Ability to assemble 10,718 SF, 16,598 SF, or 22,478 SF.
Sale Notes
5,880 Flex condo with Class A office finishes. Buildout with 21 private offices, 2 conference rooms, large breakroom, and open space. Furniture may be available. Ability to provide more warehouse. Dock-hi loading. Contiguous with Units 300-400 and Units 700-800. Ability to assemble 5,000 SF to 22,478 SF.
  • Unit 700/800
  • 5,880 SF
  • Flex
  • $1,323,000 ($225.00/SF)
  • -
Sale Type Investment or Owner User
Description
5,880 SF flex condo with 2/3rd office 1/3 warehouse/R&D. Dock-hi and drive-in loading. Combination of private offices, conference rooms, breakroom, open space, warehouse with mezzanine. Ability to assemble up to 10,000 SF, 15,000 SF, or 17,400 SF. Class A finishes throughout.
Sale Notes
5,880 SF flex condo with 2/3rd office 1/3 warehouse/R&D. Dock-hi and drive-in loading. Combination of private offices, conference rooms, breakroom, open space, warehouse with mezzanine. Ability to assemble up to 10,000 SF, 15,000 SF, or 17,400 SF. Class A finishes throughout.
Unit Unit Size Condo Use Price NOI
Unit 1 22,478 SF Flex $4,495,600 ($200.00/SF) -
Unit 100/200 5,078 SF Flex $1,015,000 ($199.88/SF) $71,050
Unit 300/400 5,640 SF Flex $1,269,000 ($225.00/SF) -
Unit 500/600 5,880 SF Flex $1,323,000 ($225.00/SF) -
Unit 700/800 5,880 SF Flex $1,323,000 ($225.00/SF) -

Unit 1

Unit Size
22,478 SF
Condo Use
Flex
Price
$4,495,600 ($200.00/SF)
NOI
-

Unit 100/200

Unit Size
5,078 SF
Condo Use
Flex
Price
$1,015,000 ($199.88/SF)
NOI
$71,050

Unit 300/400

Unit Size
5,640 SF
Condo Use
Flex
Price
$1,269,000 ($225.00/SF)
NOI
-

Unit 500/600

Unit Size
5,880 SF
Condo Use
Flex
Price
$1,323,000 ($225.00/SF)
NOI
-

Unit 700/800

Unit Size
5,880 SF
Condo Use
Flex
Price
$1,323,000 ($225.00/SF)
NOI
-

Unit 1

Unit Size 22,478 SF
Condo Use Flex
Price $4,495,600 ($200.00/SF)
NOI -
Sale Type Investment or Owner User
Description
This offering consists of eight contiguous 2nd generation flex condo units totaling 22,478 SF. The current configurations of each unit consist of two condos. Units can be combined. Each unit has a varying level of office to warehouse space as well as a varying level of private offices to open office.&nbsp;&nbsp;&nbsp;&nbsp;<br> <ul style="list-style: disc; padding: 0px 0px 0px 40px"><li> Units 100-200: 5,078 SF (Leased) / Priced at $1,015,600 / 7% cap rate /&nbsp;&nbsp;$200/SF<br> </li><li> Units 300-400: 5,640 SF (Vacant) / Priced at $1,269,000 / $225/SF<br> </li><li> Units 500-600: 5,880 SF (Vacant) / Priced at $1,323,000 / $225/SF<br> </li><li> Units 700-800: 5,880 SF (Vacant) / Priced at $1,323,000 / $225/SF<br> All Units: 22,478 SF / Priced at $4,425,600 / $200/SF</li></ul>
Sale Notes
22,478 SF of contiguous flex condos divisible to 5,078 SF. SF. Sale price from $200/SF-$225/SF. Lease rate from $14.00/SF NNN. Dock-hi and drive-in loading. 90% office with ability to convert to warehouse. Class A interior finishes. Combination of private offices and open space. Located off 108th Ave and Wadsworth Pkwy.</li></ul>

Unit 100/200

Unit Size 5,078 SF
Condo Use Flex
Price $1,015,000 ($199.88/SF)
NOI $71,050
Sale Type Investment or Owner User
Cap Rate 7.00%
Sale Conditions 1031 Exchange
Description
Corner unit 5,078 Sf flex condo with reception area, three private offices, conference room, open space breakroom, and warehouse space. Lots of windows and skylight bringing in natural light. Furniture is negotiable. Contiguous with Units 300-800 for option to own/lease 10,718 SF, 16,598 SF, or 22,478 Sf.</li></ul>
Sale Notes
New five-year NNN lease signed. Investment sale at 7% cap rate on actual number. 5,078 Sf flex condo. Contiguous with Units 300-800 for option to own/lease 10,718 SF, 16,598 SF, or 22,478 Sf.</li></ul>

Unit 300/400

Unit Size 5,640 SF
Condo Use Flex
Price $1,269,000 ($225.00/SF)
NOI -
Sale Type Investment or Owner User
Description
100% office buildout with ability to open up for warehouse. Combination of private offices, conference rooms, and oipen space. Furniture is negotiable.Dock-hi loading. Contiguous with Units 500-800 with the ability to own/lease 10,718 SF, 16,598 SF, or 22,478 SF.</li></ul>
Sale Notes
100% office buildout with ability to open up for warehouse. Combination of private offices, conference rooms, and oipen space. Furniture is negotiable.Dock-hi loading. Contiguous with Units 500-800 with the ability to own/lease 10,718 SF, 16,598 SF, or 22,478 SF.</li></ul>

Unit 500/600

Unit Size 5,880 SF
Condo Use Flex
Price $1,323,000 ($225.00/SF)
NOI -
Sale Type Investment or Owner User
Description
5,880 Flex condo with Class A office finishes. Buildout with 21 private offices, 2 conference rooms, large breakroom, and open space. Furniture may be available. Contiguous with Units 300-400 and Units 700-800. Ability to assemble 10,718 SF, 16,598 SF, or 22,478 SF.</li></ul>
Sale Notes
5,880 Flex condo with Class A office finishes. Buildout with 21 private offices, 2 conference rooms, large breakroom, and open space. Furniture may be available. Ability to provide more warehouse. Dock-hi loading. Contiguous with Units 300-400 and Units 700-800. Ability to assemble 5,000 SF to 22,478 SF.</li></ul>

Unit 700/800

Unit Size 5,880 SF
Condo Use Flex
Price $1,323,000 ($225.00/SF)
NOI -
Sale Type Investment or Owner User
Description
5,880 SF flex condo with 2/3rd office 1/3 warehouse/R&amp;D. Dock-hi and drive-in loading. Combination of private offices, conference rooms, breakroom, open space, warehouse with mezzanine. Ability to assemble up to 10,000 SF, 15,000 SF, or 17,400 SF. Class A finishes throughout.</li></ul>
Sale Notes
5,880 SF flex condo with 2/3rd office 1/3 warehouse/R&amp;D. Dock-hi and drive-in loading. Combination of private offices, conference rooms, breakroom, open space, warehouse with mezzanine. Ability to assemble up to 10,000 SF, 15,000 SF, or 17,400 SF. Class A finishes throughout.</li></ul>

Property Facts

The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 34,016 SF
Property Type Flex
Property Subtype
Flex Research & Development
  • Flex Light Manufacturing
  • Office Medical
  • FlexLight Distribution
Building Class B
Floors 1
Typical Floor Size 34,016 SF
Year Built 2002
Lot Size 2.87 AC
Parking Ratio 4/1,000 SF
Zoning PUD, Westminster - PUD

Amenities

  • 24 Hour Access
  • Mezzanine
  • Skylights
  • Air Conditioning
  • Breakroom

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
  • Listing ID: 36889176

  • Date on Market: 7/23/2025

  • Last Updated:

  • Address: 10875 Dover St, Westminster, CO 80021

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