Property profile

6649 Paris St Centennial, CO 80111

OFF-MARKET
Office buildings
Property ID
US13-1149327
6,592 SF 0.58 ac lot Built 2009
Entity Owned 6-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 6,324-square-foot freestanding Class A office building presents a unique sublease opportunity. Located on the bustling Arapahoe Road corridor in Arapahoe County, this single-tenant property boasts a highly desirable location. Built in 2009, the one-story structure sits on a 0.58-acre lot and is zoned CG. Its strategic placement offers unparalleled visibility and accessibility. The building benefits from exceptionally high daytime and nighttime traffic counts, driven by its proximity to key landmarks including Centennial Airport, the City of Centennial, and the Arapahoe County Justice Center. Enjoy the convenience of neighboring businesses such as Starbucks, Holiday Inn, Natural Grocers, Mavericks Gas Station, and Topgolf. The property's previous use as a shooting range offers a unique history and adaptable layout. Furthermore, its easy access to I-25 and Parker Road ensures seamless commutes for employees and clients. This is a rare opportunity to secure a freestanding office building in a high-traffic, well-established area. The property's size, location, and amenities make it an ideal choice for a variety of businesses seeking a prominent presence in a thriving commercial hub.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2009
Construction FRAME
Total area 6,592 SF
Lot 0.58 ac (25,265 SF)
APN 2075-23-4-35-004
UPID US13-1149327

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center Vocational School

Location

6649 Paris St Centennial, CO 80111-6501
Centennial metro Census 6861 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.59M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.12M

Owner & transaction history

since 2020
Last sale
$2.5M
4 recorded transactions
2020
Price N/A
2020
$2.5M
2012
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $2.7M +115.0%
Auto repair, garage $2.6M +110.6%
Neighborhood: shopping center $2.1M +70.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6649 Paris St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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