Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Centennial Warehouse with Spec Office Title is generated by Realmo AI

    7173 S Revere Pkwy, Centennial, CO

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    15,663 SF warehouse space with spec office for sublease.

    Type:INDUSTRIAL
    Property size:
    15,663 SF
    Lot size:
    6.29 Acres
    Added:
    Feb 13, 2025
    Days on Market:
    478
    Last Refresh:
    May 20 at 8:29 pm

    Property Features for 7173 S Revere Pkwy

    General Information

    Standard status
    Active
    Size
    15,663 SF
    Lot size
    6.29 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 7173 S Revere Pkwy Contact us

    We can help!

    Listing Contact
    Mark Dwyer
    Mark Dwyer

    Listing agent Mark Dwyer License #40011466

    Listing office Lincoln Property Company | Denver

    Listing date Feb 13, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Lincoln Property Company | Denver

    HighLights

    • Sublease term thru 11/30/28
    • 15,663 SF with 2,250 SF Spec Office
    • 24' clear height
    • 3 dock high doors
    • 1 drive‑in door
    • ESFR sprinkler system

    Overview

    This 15,663 square foot property in Centennial, Colorado, features 2,250 square feet of spec office space. The warehouse component includes 3 dock-high doors and 1 drive-in door. The building offers a 24-foot clear height and an ESFR sprinkler system. The sublease term extends through November 30, 2028. Parking is available at a ratio of 1.59 spaces per 1,000 square feet. The estimated operating expenses are $8.82 per square foot.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Law Firm Dental Office Building Supply Hair Salon Auto Repair Shop Nail Salon Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Wagon Wheel Storage, LLC — 13750 E Briarwood Ave, Centennial, CO 80112
    • Vistar — Centennial, CO 80112
    • The Garage Den — 7542 S Potomac St, Centennial, CO 80112
    • Broncos Parkway. RV and Boat Storage — 12559 E Broncos Pkwy, Centennial, CO 80112
    • Extra Space Storage — 13404 E Broncos Pkwy, Centennial, CO 80112

    Location Insight

    • Map
    • Local Demand
    City
    Centennial
    County
    Jefferson
    State
    Colorado
    Longitude
    -104.8279512
    Latitude
    39.6631609

    Nearby Similar for Lease

    • Sponsored
      $129-$3,984/Mo
      11-1,292 SF

      CO, Centennial - Chester St

      8085 Chester St, Centennial, CO 80112
      View Details
    • Sponsored
      Contact for pricing

      The Point at Inverness

      8310 Valley Hwy, Unit 300, Centennial, CO 80112
      View Details
    • $20 SF/Yr
      13,178 SF

      Centennial Office Space For Rent

      Office space in a quiet, private building with ample parking.
      6746 S Revere Pkwy, Bldg B, Centennial, CO 80112
      View Details
    • $23 SF/Yr
      4,465 SF

      Office Space with Mountain Views

      Office space for rent with mountain views and rooftop access.
      9200 E Mineral Ave , Centennial, CO
      View Details
    • $21 SF/Yr
      10,880 SF

      Centennial Retail and Office Space

      Office and retail spaces available in Centennial, Colorado.
      5730 E Otero Ave, Centennial, CO 80112
      View Details
    • $21 SF/Yr
      1,676 SF

      Centennial Retail Space For Rent

      Retail space for lease in Centennial, Colorado.
      5730 E Otero, Centennial, CO
      View Details
    • $21 SF/Yr
      2,983 SF

      Centennial Office Space For Rent

      Office space in a quiet, private, and accessible building.
      6746 S Revere Pkwy , Centennial, CO
      View Details
    • $24 SF/Yr
      29,788 SF

      Updated Office Medical Building

      29,755 SF office medical building with ample parking.
      6979 S Holly Circle, Centennial, CO 80112
      View Details
    • Contact for pricing
      61,487 SF

      Retail Space in Southglenn Square

      Retail spaces for lease in high-traffic Centennial shopping center.
      7562 - 7592 S University Blvd, Centennial, CO 80122
      View Details
    • $22 SF/Yr
      3,504 SF

      Centennial Office Space Available

      Office space featuring reception, conference room, seven offices, and breakroom.
      7000 S Yosemite St, Centennial, CO
      View Details
    • $14 SF/Yr
      1,298 SF

      Centennial Office Space Available

      Office space available for rent in Centennial, Colorado.
      7600 E Arapahoe Rd, Centennial, CO
      View Details
    • $4,164/Mo
      1,848 SF

      Centennial Office Suite For Rent

      Available office suite with executive offices, conference room, and reception.
      6025 S Quebec St, Centennial, CO
      View Details

    FAQs

    What type of property is this?
    Warehouse - 15,663 SF warehouse space with spec office for sublease.
    Where is this warehouse located?
    The property is located at 7173 S Revere Pkwy Centennial, CO.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Sublease term thru 11/30/28; 15,663 SF with **2,250 SF Spec Office**; **24' clear height**
    (303) 226-8212 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mark Dwyer
    Mark Dwyer
    Real Estate License ID: 40011466
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7173 S Revere Pkwy, Centennial, CO
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!