Office Building with Renovation
For Sale
Contact for pricing
Pending
7061 S University Blvd, Centennial, CO 80122
Vacant commercial asset with existing cell tower leases and substantial interior renovation requirements.
Property SizeContact for details
Days on Market144
Property Features for 7061 S University Blvd
General Information
Standard status
Pending
Property subtype
Office
Property Condition
Severity
Major Repairs Needed
Evidence
significant water damaged through the building
Additional Details
Gross Income
$36,000
Listing Agency:
Keller Williams Advantage Realty, LLC
(303) 986-4300
Listed By:
Ryan Devin · License #048479
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Sep 1 at 5:21AM
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 Keller Williams Advantage Realty, LLC
Investment Insights
Based on property information with market context.
This vacant office property occupies a pad site within The Streets at Southglenn shopping center and offers visibility along S University Blvd. The building requires broad interior renovation following water damage caused by a ruptured line on the 3rd floor. Demolition and mitigation have been completed in the basement and 1st floor, while the 2nd and 3rd floors still require that work. The existing condition provides an opportunity to reconfigure and renovate the interior as part of a future lease-up plan.
Two cell tower leases provide the only in-place income. The property is subject to a ground lease with extensions through 2046, including CPI-based rent escalations. The asset is located at 7061 S University Blvd in Centennial, Colorado, within the Southglenn retail center.
Two cell tower leases provide the only in-place income. The property is subject to a ground lease with extensions through 2046, including CPI-based rent escalations. The asset is located at 7061 S University Blvd in Centennial, Colorado, within the Southglenn retail center.
Key Highlights
- Vacant office property at 7061 S University Blvd, Centennial, CO 80122
- Pad‑site location within The Streets at Southglenn shopping center
- Two cell tower leases provide the only in‑place income
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,021
Businesses Nearby
Explore this area
Business Placement
Demographics for 80122, CO
32,336
Population
13,180
Households
2.5
Avg Household Size
43
Median Age
63%
College-Educated
97%
High-School Grad
7.1 sq mi
ZIP Area
4,554
Density / Sq Mi
$120,181
Median Household Income
$64,116
Median Earnings
$2,094
Median Rent
$599,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Vacant commercial asset with existing cell tower leases and substantial interior renovation requirements.
Where is this office building located?
The property is located at 7061 S University Blvd Centennial, CO.
What are key features of this property?
This property features: Vacant office property at 7061 S University Blvd, Centennial, CO 80122; Pad‑site location within The Streets at Southglenn shopping center; Two cell tower leases provide the only in‑place income
