List Search

10875 Dover St
Westminster, CO 80021 Westcliff & Cambridge

$1,015,000 - $4,495,600 USD

Research And Development Condos For Sale  •  5,078+ SF

Property Details

  • Property Type Research And Development
  • Total Building Size 34,016 SF
  • Lot Size 2.87 AC
  • Building Class B
  • Year Built 2002
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning PUD, Westminster
10 Transit Score
30 Walk Score

5 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 1 Flex 22,478 SF $4,495,600 USD
  • Unit Size: 22,478 SF
  • Condo Use: Flex
  • Price: $4,495,600 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $200.00 USD
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.
1st Floor - Unit 100/200 Flex 5,078 SF $1,015,000 USD
  • Unit Size: 5,078 SF
  • Condo Use: Flex
  • Price: $1,015,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $199.88 USD
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.
1st Floor - Unit 300/400 Flex 5,640 SF $1,269,000 USD
  • Unit Size: 5,640 SF
  • Condo Use: Flex
  • Price: $1,269,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $225.00 USD
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.
1st Floor - Unit 500/600 Flex 5,880 SF $1,323,000 USD
  • Unit Size: 5,880 SF
  • Condo Use: Flex
  • Price: $1,323,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $225.00 USD
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.
1st Floor - Unit 700/800 Flex 5,880 SF $1,323,000 USD
  • Unit Size: 5,880 SF
  • Condo Use: Flex
  • Price: $1,323,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $225.00 USD
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.

Description 

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.

Highlights

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

Property Flyers

Financial Summary

Cap Rate: 7.00 %
Total Expenses: $9 USD

Major Tenants

Tenant SF Occupied Lease End Date
Alpine Site Service Inc
Compass Consulting Engineers
Mountain West Heat Pumps

Amenities

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

Public Transportation

Commuter RailDriveWalkDistance
14 min - 7.2 mi
14 min - 7.6 mi
AirportDriveWalkDistance
Denver International 43 min - 35.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 80
Type: Surface
Included in Rent: Yes
Eric Shaw 720-319-3252 Pinnacle Real Estate Advisors
Eric Shaw 720-319-3252 Pinnacle Real Estate Advisors