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Centennial Office Building Investment Opportunity

3969 E Arapahoe Rd. Centennial, CO

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Commercial office building for sale in Centennial, Colorado.

Type:OFFICE
Property size:
5,798 SF
Lot size:
0.06 Acres
Price / SF:
$189/SF
Added:
Nov 14, 2025
Days on Market:
239
Last Refresh:
May 20 at 9:10 pm

Property Features for 3969 E Arapahoe Rd.

General Information

Standard status
Active
Size
5,798 SF
Lot size
0.06 Acres
Property subtype
OFFICE

Listing office Berkshire Hathaway HomeServices Colorado Real Estate

Listing date Nov 14, 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 Berkshire Hathaway HomeServices Colorado Real Estate


Investment Insights

Based on property information with market context.

This commercial office investment opportunity is located at 3969 E Arapahoe Rd in Centennial, Colorado. The office building has 5,798 square feet across three levels above grade, with an additional 1,398 square feet of unfinished basement space. Situated on a 2,737 square foot lot, the property is located just south of Arapahoe Rd. Currently, 10 of the 12 office suites are rented, primarily on 1-year leases. Tenants pay gross rents, while the landlord covers building expenses, including utilities, internet, janitorial services, and phone. A potential value-add opportunity exists in converting the basement space into rentable storage.

Key Highlights

  • Commercial office building with 5,798 s.f. on three levels.
  • Investment opportunity with 10 of 12 office suites currently rented.
  • Located at 3969 E Arapahoe Rd, Centennial, CO 80122, just one half block south of Arapahoe Rd.

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 $125.2k $21.60
− Vacancy −$27.6k −$4.75
EGI $97.7k $16.85
− OpEx −$24.4k −$4.21
NOI $73.3k $12.64
5,798 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.05M
$915.8K – $1.22M (±1% cap)
NOI $73,264 @ 7.0% cap · market cap 6.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,453 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Office buildings

FAQs

What type of property is this?
Office building - Commercial office building for sale in Centennial, Colorado.
Where is this office building located?
The property is located at 3969 E Arapahoe Rd. Centennial, CO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Commercial office building with 5,798 s.f. on three levels.; Investment opportunity with 10 of 12 office suites currently rented.; Located at 3969 E Arapahoe Rd, Centennial, CO 80122, just one half block south of Arapahoe Rd.
Contact an agent
(303) 591-8771 Call to check price and availability
More about this property
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