Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5030-5290 Arapahoe Rd Centennial, CO 80122

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Arapahoe County retail strip center.

    Lot size:
    17,294 SF

    Property Features for 5030-5290 Arapahoe Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,294 SF

    Spaces For Lease

    at 5030-5290 Arapahoe Rd, Centennial, CO 80122 Contact us

    We can help!

    Listing Contact
    Rich Otterstetter
    Rich Otterstetter

    Listing Agency: Crosbie Real Estate Group Listing Agent: Rich Otterstetter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Arapahoe Village is a thriving retail strip center located in Arapahoe County, offering multiple spaces for lease. The center boasts a total of 17,294 square feet of retail space, with four individual units currently available, ranging in size from 1,000 to 2,700 square feet. This presents a unique opportunity for businesses seeking high-visibility locations within a dynamic trade area. The property features excellent demographics and a strong existing tenant mix, ensuring a vibrant and successful retail environment. Monument signage is available, providing exceptional branding opportunities for tenants. The center is strategically positioned to benefit from its location and the surrounding community. A significant addition to the center is the soon-to-open My Salon Suites, further enhancing the property's appeal and attracting a wider range of customers. This property offers a compelling investment opportunity for businesses seeking a well-established and growing retail location in a desirable area of Arapahoe County. The available spaces are ideal for a variety of retail uses, providing flexibility for potential tenants. Contact us today to learn more about pricing and lease terms for these exceptional retail spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Centennial
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.92813839
    Latitude
    39.59479689

    Nearby Similar for Lease

    • Sponsored
      New
      Contact for pricing

      The Point at Inverness

      Meet, work or collaborate in our professional Connecticut Avenue business center
      8310 Valley Hwy, Centennial, CO 80112
      View Details
    • Contact for pricing
      61,487 SF

      Retail Space in Southglenn Square

      Retail spaces for lease in high-traffic Centennial shopping center.
      7562 S University Blvd, Centennial, CO 80122
      View Details
    • Contact for pricing
      49,953 SF

      Class A Office Space Available

      Tenant-centric office space with modern amenities and flexible options.
      9110 E Nichols Ave, Centennial, CO
      View Details
    • Contact for pricing
      30,184 SF

      Class AA Office Space

      Premium office space near light rail, available early 2022.
      6363 Greenwood Plz Blvd, Centennial, CO
      View Details
    • Contact for pricing
      3,396 SF

      Centennial Retail Center for Lease

      Neighborhood center in Centennial, Colorado, with redevelopment potential.
      4181 E County Line Rd, Centennial, CO
      View Details
    • Contact for pricing
      6,390 SF

      Retail Space in Centennial Center

      Retail space available in a busy Centennial shopping center.
      4151 E County Line Rd, Centennial, CO
      View Details
    • Contact for pricing
      40,727 SF

      Yosemite Park Retail Center Space

      Prime Douglas County retail space available.
      0 Nec County Line Rd & Yosemite St, Centennial, CO 80124
      View Details
    • Contact for pricing
      3,036 SF

      Centennial Office Space for Rent

      Class AA office space with modern amenities and highway access.
      9155 E Nichols Ave, Centennial, CO
      View Details
    • $24 SF/Yr
      20,852 SF

      Centennial Office Space for Rent

      Three-story office building near Park Meadows Mall with many amenities.
      8085 S Chester St, Centennial, CO
      View Details
    • $21 SF/Yr

      Medical Office Space Available

      First-floor medical office suite in Centennial, Colorado, for lease.
      5657 S Himalaya St, Centennial, CO 80015
      View Details
    • Contact for pricing
      141,480 SF

      Centennial Industrial Buildings For Lease

      New industrial buildings for lease in Centennial, completion Q2 2026.
      11550 E Easter Ave, Centennial, CO
      View Details
    • Contact for pricing
      3,200 SF

      Retail Space in Centennial Corridor

      Retail space available in a redeveloped shopping center.
      8223 S Quebec St, Centennial, CO
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Prime Arapahoe County retail strip center.
    Where is this neighborhood center located?
    The property is located at 5030-5290 Arapahoe Rd Centennial, CO.
    What are key features of this property?
    This property features: 17,294 SF Arapahoe County retail strip center with multiple tenancies.; Four spaces available, ranging from 1,000 to 2,700 square feet.; Monument signage available.
    (303) 398-2111 Call to check price and availability
    Request Owner's contact information
    5030-5290 Arapahoe Rd Centennial, CO 80122
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5030-5290 Arapahoe Rd
    Centennial, CO 80122
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5030-5290 Arapahoe Rd Centennial, CO 80122
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Rich Otterstetter
    Rich Otterstetter
    Real Estate License ID: FA.001166125
    (303) 398-2111 (303) 883-1003
    Learn more
    Google sign-in failed. Please try again or use another login method.