Centennial Office Building For
For Sale
Contact for pricing
6767 S Spruce St, Centennial, CO
Two-story office building on a 1.68-acre corner lot.
Property Size22,583 SF
Lot Size2.94 Acres
Price / SF$150
Days on Market1257
Property Features for 6767 S Spruce St
General Information
Standard status
Active
Size
22,583 SF
Lot size
2.94 Acres
Property subtype
OFFICE
Listing Agency:
Unique Properties, Inc.
(303) 882-8622
Listed By:
Scott Fischer
(303) 882-8622
Source:
Moodyscre
Added: Feb 22, 2023
Changed: Jul 6
Last Checked: Jul 21 at 6:58AM
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 two-story office building, located in Centennial, Colorado, is available for purchase. Situated on a 1.68-acre corner lot, the building has a total area of 22,583 square feet. The first floor comprises 13,159 rentable square feet and features updated lobbies, hallways, and restrooms.
Key Highlights
- Large 1.68 acre corner lot
- Two‑story office building totaling 22,583/SF
- Located in Centennial, CO
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 | $487.8k | $21.60 |
| − Vacancy | −$107.3k | −$4.75 |
| EGI | $380.5k | $16.85 |
| − OpEx | −$95.1k | −$4.21 |
| NOI | $285.4k | $12.64 |
22,583 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.08M
$3.57M – $4.76M
NOI $285,359 @ 7.0% cap · market cap 8.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.48M
$4.79M – $6.39M
NOI $383,470 @ 7.0% cap · market cap 11.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,881
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Two-story office building on a 1.68-acre corner lot.
Where is this office building located?
The property is located at 6767 S Spruce St Centennial, CO.
What is the asking price?
The asking price for this property is $3,387,450.
What are key features of this property?
This property features: Large 1.68 acre corner lot; Two‑story office building totaling 22,583/SF; Located in Centennial, CO
