Centennial Office Building Near
9137 E Mineral Cir Centennial, Englewood, CO 80112
31,332 SF office building with easy access to Denver.
Type:Office
Property size:
31,332 SFPrice / SF:
$198/SF- Added:
- Sep 25, 2025
- Days on Market:
- 243
- Last Refresh:
- Apr 6 at 12:50 am
Property Features for 9137 E Mineral Cir Centennial
General Information
- Standard status
- Active
- Size
- 31,332 SF
- Property subtype
- Office
Building Details
- Year Built
- 1982
Listing agent Marc S. Lippitt License #ER.000183921 (303) 321-5888
Listing office Unique Properties, Inc. (303) 321-5888
Listing date Sep 25, 2025
Source Tcnworldwide
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
- Excellent Location: Quick access to Interstate 25 (0.5 miles) and the Denver Metro Area.
- Convenient Transportation: Close proximity (0.5 miles) to RTD's Dry Creek Station, providing easy access to public transportation.
- Accessibility to Downtown Denver: Approximately a 20‑minute drive and 35 minutes by Light Rail to Downtown Denver.
- Substantial Office Space: 31,332 square foot office building.
- Established Location: Located in the Southeast Denver Office market.
- Proximity to Major Employers: Nearby major employers include OppenheimerFunds, Comcast, and United Launch Alliance.
Overview
Panorama Place is a 31,332 square foot office building situated on just under an acre and a half at 9137 E. Mineral Circle in Centennial, Colorado, within the Denver MSA. Located in the Southeast Denver Office market, the property offers access to the metro area. It is located just south of Denver and provides quick access to Interstate 25, which is approximately a half mile away, facilitating access to the surrounding metro area. Downtown Denver is approximately a 20-minute drive from the property. Major employers nearby include OppenheimerFunds, Comcast, United Launch Alliance, US Foods, and Jones International University. RTD’s Dry Creek Station is also approximately a half mile from the property, offering access to public transportation. Downtown Denver is approximately 35 minutes away by Light Rail.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$4.40M
NOI $395,911 @ 9.00% cap · cautious / downside scenario
Moderate
$5.66M
NOI $395,911 @ 7.00% cap · market / base-case scenario
Aggressive
$7.92M
NOI $395,911 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $676.8k | $21.60 |
| − Vacancy | −$148.9k | −$4.75 |
| EGI | $527.9k | $16.85 |
| − OpEx | −$132.0k | −$4.21 |
| NOI | $395.9k | $12.64 |
31,332 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$5.66M
$4.95M – $6.60M
NOI $395,911 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.60M
$6.65M – $8.87M
NOI $532,032 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Englewood
- County
- Jefferson
- State
- Colorado
- Longitude
- -104.859
- Latitude
- 39.5742
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - 31,332 SF office building with easy access to Denver.
Where is this office building located?
The property is located at 9137 E Mineral Cir Centennial Englewood, CO.
What is the asking price?
The asking price for this property is $6,210,000.
What are key features of this property?
This property features: Excellent Location: Quick access to Interstate 25 (0.5 miles) and the Denver Metro Area.; Convenient Transportation: Close proximity (0.5 miles) to RTD's Dry Creek Station, providing easy access to public transportation.; Accessibility to Downtown Denver: Approximately a 20‑minute drive and 35 minutes by Light Rail to Downtown Denver.
