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Renovated Office Condo in Centennial
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6454 South Quebec Street, Centennial, CO 80111

Fully renovated office condo with private entrances and ample parking.

Property Size2,800 SF
Price / SF$250
Days on Market1004

Property Features for 6454 South Quebec Street

General Information

Standard status Active
Size 2,800 SF
Class B
Property subtype Office
Zoning BP35
Lease Type NNN

Building Details

Stories 2
Tenancy Single
Listing Agency: Hoff & Leigh
Listed By: Lisa Langiewicz · License #FA.100094405
Source: Crexi
Added: Jan 9, 2024 Changed: Oct 7 Last Checked: Oct 9 at 5:16PM

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 Hoff & Leigh

Investment Insights

Based on property information with market context.

This is a fully renovated office condominium located in Greenwood Village. The 2,800 square-foot property features a reception area, kitchenette, four private offices, and a lower-level bullpen space. It includes private outside entrances, vaulted ceilings, mature landscaping, and numerous windows. An abundance of parking is available. The property is located in close proximity to a variety of restaurants and within walking distance of both Fiddlers Green and Pindustry. The property's taxes are $8,889.96 per year, and the OA is $416 per month. The property is located in Centennial, Colorado.

Key Highlights

  • Fully renovated office condo
  • Prime location in Greenwood Village, walking distance to Fiddlers Green and Pindustry, close to restaurants
  • Includes reception area, kitchenette, 4 private offices, and lower‑level bullpen space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,381
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$707,620 $707.6K
Cap Rate 7%
$505,443 $505.4K
Cap Rate 9%
$393,122 $393.1K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$60.5K $21.60/SF
− Vacancy
−$13.3K −$4.75/SF
EGI
$47.2K $16.85/SF
− OpEx
−$11.8K −$4.21/SF
NOI
$35.4K $12.64/SF
Area
Centennial, CO
Vacancy
22.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$707,620
Cap Rate 7%
$505,443
Cap Rate 9%
$393,122

Alternative Uses

Best Use
Office B
$505.4K
$442.3K – $589.7K (±1% cap)
NOI $35,381 @ 7.0% cap · market cap 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$679.2K
$594.3K – $792.4K (±1% cap)
NOI $47,545 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Furniture & Home Goods Veterinary Clinic Catering Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

290
Businesses Nearby

Demographics for 80111, CO

32,672
Population
13,668
Households
2.4
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
10.9 sq mi
ZIP Area
2,997
Density / Sq Mi
$132,292
Median Household Income
$71,898
Median Earnings
$2,063
Median Rent
$890,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Fully renovated office condo with private entrances and ample parking.
Where is this office units located?
The property is located at 6454 South Quebec Street Centennial, CO.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Fully renovated office condo; Prime location in Greenwood Village, walking distance to Fiddlers Green and Pindustry, close to restaurants; Includes reception area, kitchenette, 4 private offices, and lower‑level bullpen space
(720) 572-5187 Call to check price and availability
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