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    Centennial Office Building For Sale Title is generated by Realmo AI

    6767 S Spruce St, Centennial, CO

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    Two-story office building on a 1.68-acre corner lot.

    Type:OFFICE
    Property size:
    22,583 SF
    Lot size:
    2.94 Acres
    Price / SF:
    $150/SF
    Added:
    Feb 22, 2023
    Days on Market:
    1211
    Last Refresh:
    May 20 at 8:48 pm

    Property Features for 6767 S Spruce St

    General Information

    Standard status
    Active
    Size
    22,583 SF
    Lot size
    2.94 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Scott Fischer
    Scott Fischer

    Listing agent Scott Fischer

    Listing office Unique Properties, Inc.

    Listing date Feb 22, 2023

    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 Unique Properties, Inc.

    HighLights

    • Large 1.68 acre corner lot
    • Two‑story office building totaling 22,583/SF
    • Located in Centennial, CO
    • First floor with 13,159 rentable square feet
    • Updated lobbies
    • Updated hallways and restrooms

    Overview

    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.

    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 $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 (±1% cap)
    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 (±1% cap)
    NOI $383,470 @ 7.0% cap · market cap 11.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Law Firm Dental Office Spa & Massage Center Real Estate Agency Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Centennial
    County
    Jefferson
    State
    Colorado
    Longitude
    -104.898
    Latitude
    39.5938

    FAQs

    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
    (303) 882-8622 Call to check price and availability
    More about this property
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