• Broker Keith Lenz 3039629563
  • Broker Dallas Sandberg 3034079781
  • Broker Corey Sandberg 3034079784

Sheridan Professional Building 5005 W 81st Pl 19,200 SF 100% Leased Office Building Westminster, CO 80031 $2,900,000 ($151.04/SF)

View Photo

INVESTMENT HIGHLIGHTS

  • AT&T Rooftop Antenna on Long Term Lease with Annual Escalations
  • Coveted Executive Office Suites
  • Annual Rent Increases + Expense Reimbursements
  • Consistently 100% Leased
  • Ideal Leases and Rollover Schedule
  • Wonderfully Maintained Building with Low Surrounding Competition

EXECUTIVE SUMMARY

This 4 story, updated suburban office with coveted cell tower income, boasts a 100% occupancy rate, which allows the new owner to seamlessly step in and generate immediate cashflow. Notably, AT&T has a long-term lease at the property, extending until 2039, with current rent set at $3,474 per month, increasing by 3% annually. There are very little capital expenditures needed or expected in the foreseeable future due to the impeccable maintenance of the building since the current ownership took over in 2017. As part of Denver’s exploding Northwest Corridor, this asset is poised to make a stable and productive addition to an Investor’s portfolio.

ATTACHMENTS

5005 W 81st Place SMTeam OM

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
19,200 SF
Building Class
B
Year Built
1984
Price
$2,900,000
Price Per SF
$151.04
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,800 SF
Building FAR
0.64
Lot Size
0.69 AC
Zoning
R-3, Westminster
Parking
54 Spaces (2.81 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Advantage Environmental Consultants, LLC
  • Administrative and Support Services
  • -
  • $14.52
  • Full Service
  • Aug 2026
  • Finance and Insurance
  • -
  • -
  • -
  • -

The American Family Enterprise is a family of companies dedicated to delivering unparalleled service and exceptional protection to their customers. Their mission is to make a meaningful difference in their communities, their environment, and for their people as proactive protectors of what matters most.

  • Body & Brain Yoga and Health Center, Inc
  • Arts, Entertainment, and Recreation
  • -
  • $12.46
  • -
  • Feb 2022
  • Danny Elliot LLC
  • Services
  • -
  • $14.00
  • Full Service
  • May 2025
  • Ignite Counseling LLC
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -
  • Klarisana
  • Health Care and Social Assistance
  • -
  • $12.63
  • Full Service
  • Aug 2023
  • Manny J. Cereceres
  • -
  • -
  • -
  • -
  • -
  • Souls Dogs
  • Retailer
  • -
  • -
  • -
  • -
  • Top Knot Floors, LLC
  • Retailer
  • -
  • $11.29
  • Full Service
  • Feb 2022
  • Westminster Education Association Inc
  • Services
  • -
  • -
  • -
  • Feb 2020

The Westminster Education Association (WEA) represents the licensed and Educational Support Professionals (ESP) staff working in Adams County School District 50. We hope you find our page interesting and useful. WEA is affiliated with Colorado Education Association (CEA) and the National Education Association (NEA).

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Advantage Environmental Consultants, LLC Administrative and Support Services - $14.52 Full Service Aug 2026
Finance and Insurance - - - -
Body & Brain Yoga and Health Center, Inc Arts, Entertainment, and Recreation - $12.46 - Feb 2022
Danny Elliot LLC Services - $14.00 Full Service May 2025
Ignite Counseling LLC Professional, Scientific, and Technical Services - - - -
Klarisana Health Care and Social Assistance - $12.63 Full Service Aug 2023
Manny J. Cereceres - - - - -
Souls Dogs Retailer - - - -
Top Knot Floors, LLC Retailer - $11.29 Full Service Feb 2022
Westminster Education Association Inc Services - - - Feb 2020

PROPERTY TAXES

Parcel Number 1719-30-3-10-004 Improvements Assessment $359,620
Land Assessment $40,580 Total Assessment $400,200

PROPERTY TAXES

Parcel Number
1719-30-3-10-004
Land Assessment
$40,580
Improvements Assessment
$359,620
Total Assessment
$400,200

MAP

ADDITIONAL PHOTOS

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  • Listing ID: 34935299

  • Date on Market: 2/25/2025

  • Last Updated: 5/2/2025

  • Address: 5005 W 81st Pl, Westminster, CO 80031