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13531 Caley Ave Centennial, CO 80111

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For Sale
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110,000 SF Nordstrom-Leased Office

Property size:
110,000 SF

Property Features for 13531 Caley Ave

General Information

Property type
Office Properties & Spaces
Square Feet
110,000 SF
Class
A
Lot Size
374,616 SF

Building Details

Year Built
1985
Buildings
1
Stories
3

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Listing Contact
Brandon Kramer
Brandon Kramer

Listing Agency: Marcus & Millichap Denver Listing Agent: Brandon Kramer

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

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Property Insight Report

Overview

This exceptional Class A office building, totaling 110,000 square feet, presents a compelling value-add investment opportunity. Located in Centennial, Colorado, at 13531 E Caley Ave (APN 2075-24-1-02-001), this single-tenant property boasts a strong lease with Nordstrom, Inc., a highly creditworthy tenant. The current lease, a NNN (Net, Net, Net) agreement, commenced January 15, 2003, and expires January 31, 2028, leaving approximately 3.2 years remaining. The building, constructed in 1985, features three stories and sits on an 8.6-acre lot, providing ample space. With 100% occupancy since its opening, the property generates substantial income. The lease includes a 1% annual rent bump, ensuring consistent income growth. The property offers 400 parking spaces per 1,000 square feet, exceeding typical requirements. Its strategic location in Arapahoe County, near I-25 and the Dry Creek Light Rail Station, provides excellent access to transportation networks and a robust workforce. This property is offered fee simple and represents a rare opportunity to acquire a high-quality asset with a strong tenant in a rapidly growing Denver market. The building is situated adjacent to a Nordstrom-owned data center, further solidifying its location within a key corporate presence. This investment offers a blend of short-term income stability and long-term growth potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Centennial
County
Arapahoe
State
Colorado
Longitude
-104.8327435
Latitude
39.6032505

FAQs

What type of property is this?
Office Property / Space - 110,000 SF Nordstrom-Leased Office
Where is this office property / space located?
The property is located at 13531 Caley Ave Centennial, CO.
What are key features of this property?
This property features: For Lease or Sale; $1,648,545 Annual Net Operating Income (starting 2/1/2025); Nordstrom lease expires 1/31/2028
(303) 328-2020 Call to check price and availability
More about this property
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