Huntington Bank Ground-Leased
2241 E Arapahoe Rd, Centennial, CO 80121
For Sale
New
$4,444,444
A corporate-guaranteed absolute NNN lease places property ownership outside day-to-day landlord responsibilities.
Property Size3,835 SF
Days on Market3
Property Features for 2241 E Arapahoe Rd
General Information
Standard status
Size
Property subtype
Net Operating Income
Site & Location
Traffic Count
Road Access
Building Details
Building Size
Year Built
Listing Agency:
Faris Lee Investments
Listed By:
Hunter Steffien · License CA #02036521
(949) 633-2538
Source:
Farislee
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 10 at 7:21AM
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 Faris Lee Investments
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Investment Insights
Based on property information with market context.
The Huntington Bank property in Centennial is subject to a new 15-year absolute NNN ground lease with an investment-grade corporate guaranty. Rent is scheduled to begin January 13, 2027, and the lease assigns no landlord responsibilities. The arrangement provides a defined lease term and scheduled rent growth, as described in the property information.
The site has primary frontage and direct access to East Arapahoe Road, which carries 27,700 vehicles per day. South University Boulevard, with 34,000 vehicles per day, is nearby. Across the road is the Streets at SouthGlenn, anchored by Whole Foods and recording approximately 4.4 million visits annually. Its approved redevelopment plan allows for 1,125 residential units. Within three miles, the area has more than 100,000 residents and average household incomes above $185,000; approximately 219,000 employees work within five miles.
The site has primary frontage and direct access to East Arapahoe Road, which carries 27,700 vehicles per day. South University Boulevard, with 34,000 vehicles per day, is nearby. Across the road is the Streets at SouthGlenn, anchored by Whole Foods and recording approximately 4.4 million visits annually. Its approved redevelopment plan allows for 1,125 residential units. Within three miles, the area has more than 100,000 residents and average household incomes above $185,000; approximately 219,000 employees work within five miles.
Key Highlights
- New 15‑year absolute NNN ground lease with investment‑grade corporate guaranty
- Rent commencement scheduled for January 13, 2027; no landlord responsibilities
- Frontage and direct access on East Arapahoe Road, carrying 27,700 vehicles per day
Property Analytics
Current Use
Lease Details
27,700 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
134k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 30%
Dining 18%
Apparel 18%
Shops & Services 13%
Trader Joe's
Groceries
40,841 visits/mo
0.3 miles
Sierra
Apparel
24,051 visits/mo
0.4 miles
Ace Hardware
Home Improvements & Furnishings
14,774 visits/mo
0.4 miles
The Original Pancake House
Dining
11,828 visits/mo
0.4 miles
Shell
Shops & Services
10,779 visits/mo
0.4 miles
Demographics for 80121, CO
18,176
Population
7,501
Households
2.4
Avg Household Size
46
Median Age
64%
College-Educated
99%
High-School Grad
7.2 sq mi
ZIP Area
2,524
Density / Sq Mi
$136,287
Median Household Income
$69,041
Median Earnings
$1,945
Median Rent
$684,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Bank - A corporate-guaranteed absolute NNN lease places property ownership outside day-to-day landlord responsibilities.
Where is this bank located?
The property is located at 2241 E Arapahoe Rd Centennial, CO.
What is the asking price?
The asking price for this property is $4,444,444.
What are key features of this property?
This property features: New 15‑year absolute NNN ground lease with investment‑grade corporate guaranty; Rent commencement scheduled for January 13, 2027; no landlord responsibilities; Frontage and direct access on East Arapahoe Road, carrying 27,700 vehicles per day
