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Centennial Office with New Buildout

7374 South Alton Way #101-102 Centennial, CO 80112

7374 South Alton Way #101-102, Centennial, CO, 80112
$1,348,750
For Sale
$1,348,750

Ground floor office unit with recent buildout near I-25.

Property Size3,350 SF
Price / SF$402.61
Days on Market175

Property Features for 7374 South Alton Way #101-102

General Information

Standard status
Active
Size
3,350 SF
Property subtype
Office

Building Details

Year Built
2007
Listing Agency Unique Properties, Inc
Listed by Brad Gilpin · License #EA.100007414
Source Tcnworldwide
Added: Jan 27 Updated: Jul 10 at 12:52 pm Checked: Jul 19 at 3:52 am

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 Unique Properties, Inc


Investment Insights

Based on property information with market context.

This ground floor office unit, located in Centennial, features a new buildout with four private offices, a conference room, two ADA restrooms, a copier room, and a large open bullpen area. The property is part of the Alton Way Office Village and offers exterior signage. It is situated just a few minutes from I-25 and E. Dry Creek Ave, and is two blocks from the Dry Creek Light Rail Station. The property's association dues are $1,504.20 per month, and the property taxes are $27,258 per year. The seller will deliver the space in a "vanilla shell" condition; additional finish can be negotiated if desired. The property size is 3,350 square feet. There are hundreds of restaurants in the area.

Key Highlights

  • Reduced Sale Price: $425/sf or $1,423,750
  • New Buildout: Includes four private offices, conference room, two ADA restrooms, copier room and large open bullpen area
  • Convenient Location: Close proximity to I‑25 and 2 blocks from the Dry Creek Light Rail Station

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $72.4k $21.60
− Vacancy −$15.9k −$4.75
EGI $56.4k $16.85
− OpEx −$14.1k −$4.21
NOI $42.3k $12.64
3,350 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$604.7K
$529.1K – $705.5K (±1% cap)
NOI $42,331 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$812.6K
$711.1K – $948.1K (±1% cap)
NOI $56,885 @ 7.0% cap · market cap 4.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile 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

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store Butcher (Bike/Boat/Book/etc) Store Parking Lot & Garage Food Market Pet Store Cafe & Coffee Shop

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

FAQs

What type of property is this?
Office units - Ground floor office unit with recent buildout near I-25.
Where is this office units located?
The property is located at 7374 South Alton Way #101-102 Centennial, CO.
What is the asking price?
The asking price for this property is $1,348,750.
What are key features of this property?
This property features: Reduced Sale Price: **$425/sf or $1,423,750**; New Buildout: Includes **four private offices, conference room, two ADA restrooms, copier room and large open bullpen area**; Convenient Location: Close proximity to I‑25 and 2 blocks from the Dry Creek Light Rail Station
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