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4260 E Evans Ave 14,891 SF 100% Leased Office Building Denver, CO 80222 $4,550,000 ($305.55/SF)
Investment Highlights
- Great Location, quick access to I-25 and Colorado Blvd.
- E Evans frontage provides great exposure for a wide range of users and tenants.
- Dedicated parking, a gym, showers, EV charging, and other amenities that are not common for an offering of this class and size.
- High-density redevelopment potential in the future via C-MX-5 zoning.
- Flexible space configuration allows for multiple tenants and includes kitchen and gym space on the lower level.
Executive Summary
4260 E Evans Ave. is a two-story, 14,891 SF Class C office building sits on a 0.42-acre lot zoned C-MX-5. The primary advantage to this property is a future combination of redevelopment potential, transit-oriented positioning, and Enterprise Zone tax incentives. Similarly, there is very limited “for sale” product in this submarket, where most office buildings are currently being sold closer to core Denver, or in DTC (Denver Tech Center). Having been fully renovated down to the studs, this building presents an immediate opportunity for an owner user to move in day one and occupy the entire building or occupy upper floor and potentially lease out the lower section of the building to others.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
14,891 SF
Building Class
C
Year Built/Renovated
1973/2024
Price
$4,550,000
Price Per SF
$305.55
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,829 SF
Building FAR
0.81
Lot Size
0.42 AC
Zoning
C-MX-5 - Urban Center Mixed 5 Story
Parking
40 Spaces (2.93 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Commuter Rail
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- NMA DLA INVS PROP LLC
- -
- -
- -
- -
-
- Wholesaler
- -
- -
- -
For many years, Norman S. Wright has built a reputation for selecting & supporting high-performing product lines and relentlessly delivering customer satisfaction. Today, their organization is known worldwide for expertise in streamlining and optimizing complex HVAC projects at every stage. Their team of experts collaborate across disciplines to view projects from all angles and craft the most effective solutions in their industry. The core values of Sustainability, Innovation, Excellence drive their actions every day and are the foundation for their business.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| NMA DLA INVS PROP LLC | - | - | - | - | ||
|
|
Wholesaler | - | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 6302-02-018 | Improvements Assessment | $474,690 |
| Land Assessment | $474,690 | Total Assessment | $474,960 |
Property Taxes
Parcel Number
6302-02-018
Land Assessment
$474,690
Improvements Assessment
$474,690
Total Assessment
$474,960
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