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Vista at Southbridge 7800 S Elati St 25,453 SF 74% Leased Office Building Littleton, CO 80120 $3,850,000 ($151.26/SF) 5.99% Cap Rate
Executive Summary
NavPoint Real Estate Group is pleased to present 7800 S. Elati Street, a 26,835-square-foot multi-tenant office building, as per Arapahoe
County records, located in Littleton’s Southpark submarket. Priced at $3,850,000, the offering pairs stable, in-place income, with clear
day-one upside. At only approximately 73% occupied, there are four suites ready to lease. Additionally, in-place leases are at well below
market rents for the sub-market, and there is an excellent opportunity to leverage the building’s actual square footage as reflected in
county records compared to the rent roll square footage of only 24,793. As a result, a new owner can find several ways to grow income
and add value quickly. With an All-Cash IRR of of 13.52%, leveraged IRR of 21.06% and a stabilized Cap Rate of over 10%, this asset is
prime for investment.
Location is ideal sitting just off C-470 and Broadway, across from the new Costco now under construction and a planned multi-family
development, offering quick access to E-470, Santa Fe, and the full Southpark retail corridor. The three-story asset on 1.22 acres is
extremely well maintained showing pride of ownership, with a high parking ratio of 4.1/1,000 and a suite mix skewed toward smaller
offices, the product that stays in demand in the current office environment. That mix has driven strong retention, with tenants
renewing year after year and no single lease carrying the rent roll.
County records, located in Littleton’s Southpark submarket. Priced at $3,850,000, the offering pairs stable, in-place income, with clear
day-one upside. At only approximately 73% occupied, there are four suites ready to lease. Additionally, in-place leases are at well below
market rents for the sub-market, and there is an excellent opportunity to leverage the building’s actual square footage as reflected in
county records compared to the rent roll square footage of only 24,793. As a result, a new owner can find several ways to grow income
and add value quickly. With an All-Cash IRR of of 13.52%, leveraged IRR of 21.06% and a stabilized Cap Rate of over 10%, this asset is
prime for investment.
Location is ideal sitting just off C-470 and Broadway, across from the new Costco now under construction and a planned multi-family
development, offering quick access to E-470, Santa Fe, and the full Southpark retail corridor. The three-story asset on 1.22 acres is
extremely well maintained showing pride of ownership, with a high parking ratio of 4.1/1,000 and a suite mix skewed toward smaller
offices, the product that stays in demand in the current office environment. That mix has driven strong retention, with tenants
renewing year after year and no single lease carrying the rent roll.
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
25,453 SF
Building Class
B
Year Built/Renovated
1984/2014
Price
$3,850,000
Price Per SF
$151.26
Cap Rate
5.99%
NOI
$230,756
Percent Leased
74%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,945 SF
Slab To Slab
12’
Building FAR
0.48
Lot Size
1.22 AC
Zoning
AA1
Parking
138 Spaces (4.1 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Conferencing Facility
- Property Manager on Site
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- C B Accounting
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- Finance and Insurance
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Edward Jones was founded in 1922 by Edward D. Jones Sr. as a financial services firm built around serving individual investors rather than institutions. The company has grown into a North American wealth management business centered on financial advice, brokerage, retirement planning, education savings, insurance, and related investment services. Edward Jones emphasizes branch-based client relationships and a long-term investing approach, while the company has introduced new products, expanded banking capabilities, and pursued a broader effort to serve clients more completely.
- InfoFusion, LLC
- Information
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- Net FOB
- Professional, Scientific, and Technical Services
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- RH
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| C B Accounting | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
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Finance and Insurance | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| InfoFusion, LLC | Information | - | - | Lorem Ipsum | Jan 0000 | |
| Net FOB | Professional, Scientific, and Technical Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| RH | - | - | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 3rd Fl-Ste 300
- 1,650 SF
- Office
- Full Build-Out
- Now
- 3rd Fl-Ste 303
- 1,143 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 111 | 1,700 SF | Office | - | Now |
| 2nd Fl-Ste 205 | 2,100 SF | Office | - | Now |
| 3rd Fl-Ste 300 | 1,650 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 303 | 1,143 SF | Office | - | Now |
1st Fl-Ste 111
| Size |
| 1,700 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 205
| Size |
| 2,100 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
3rd Fl-Ste 300
| Size |
| 1,650 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 303
| Size |
| 1,143 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 111
| Size | 1,700 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 205
| Size | 2,100 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
Moderately walkable
60/100
Moderately drivable
70/100
Minimal public transit
10/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2077-34-2-01-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $400,000 |
Property Taxes
Parcel Number
2077-34-2-01-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$400,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
