98 Inverness | 98 Inverness Dr E
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98 Inverness 98 Inverness Dr E
38,254 SF 36% Leased Office Building Englewood, CO 80112 $6,800,000 ($178/SF)
Investment Highlights
- 11,284 SF Available for Owner-User
- Premier location in Inverness near the Dry Creek interchange
- Back up power with two transfer switches
- Remainder of building leased to small tenants on staggered leases
- Rare opportunity to brand building with monument signage
- Roof replaced in 2023
Executive Summary
Colliers International is pleased to offer for sale 98 Inverness Drive East, a three-story 38,254 square foot office building located at the north entry of the desirable, covenant controlled 980-acre Inverness Park, comprising upscale commercial buildings and high-end residential communities. This well-maintained asset provides the unique opportunity and flexibility for an owner/user to occupy up to 11,284 SF or more of the building with additional lease income in place. The building is nearby the intersection of Dry Creek and Interstate 25, providing unmatched access and proximity to the best amenities in south metro Denver. Nearby points of interest include the award-winning 18-hole champion golf course, Centennial Airport, the Hilton Denver Inverness hotel with 50,000 SF of event space and 302 guest rooms, and Park Meadows Regional Mall. The building is a ¼ mile walk to The Shops at Vallagio and less than a mile to the Dry Creek Light Rail Station, which is also accessible through the Inverness Call-N-Ride Program. It is just a 2-minute drive to I-25 and Dry Creek or a 4-minute drive to C/E-470.
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Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
38,254 SF
Building Class
B
Year Built/Renovated
1981/2013
Price
$6,800,000
Price Per SF
$178
Percent Leased
36%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
12,751 SF
Slab To Slab
10’
Building FAR
0.36
Land Acres
2.46 AC
Zoning
I-1, County
Parking
145 Spaces (3.79 Spaces per 1,000 SF Leased)
Amenities
- Commuter Rail
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
** Prominent Monument Signage **
Space | Size | Space Use | Condition | Available |
2nd Fl-Ste 200 | 10,275 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 250 | 2,941 SF | Office | - | Now |
2nd Fl-Ste 200
Size |
10,275 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
2nd Fl-Ste 250
Size |
2,941 SF |
Space Use |
Office |
Condition |
- |
Available |
Now |
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2nd Fl-Ste 200
Size | 10,275 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
** Prominent Monument Signage **
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PHOTOS
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STREET
MAP
2nd Fl-Ste 250
Size | 2,941 SF |
Space Use | Office |
Condition | - |
Available | Now |
PROPERTY TAXES
Parcel Number | 2075-35-2-10-001 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $811,332 |
PROPERTY TAXES
Parcel Number
2075-35-2-10-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$811,332
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98 Inverness | 98 Inverness Dr E
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