9800 Mt Pyramid Ct Greenwood Village, CO 80112
- Office Properties & Spaces
- 239,351 SF
- 14.98 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 9800 Mt Pyramid Ct
- Year built
- 2000
- Lot size
- 14.98 lot acres
- Property size
- 239,351 SF
- Property type
- Office Properties & Spaces
Description
Meridian Corporate Center I & II presents a compelling value-add investment opportunity in Greenwood Village, Colorado. This Class A office portfolio comprises two buildings totaling 239,351 square feet on a 14.98-acre lot. Built in 2000 and renovated in 2006, the property features a multi-tenant occupancy with 10 current tenants and a 55% occupancy rate. The efficient and flexible floor plans cater to a diverse tenant base, ranging from small to large businesses. Historically, occupancy has averaged over 95%, demonstrating strong demand. The property benefits from an exceptional location within the Meridian International Business Park, fronting Interstate 25 and offering convenient access to E-470 and Jamaica Street, as well as the Lincoln Station Light Rail. The surrounding area boasts a high average household income of $166,135 within a 3-mile radius, significantly exceeding the Denver metro average. Numerous amenities are nearby, including the Meridian Golf Club, Park Meadows Mall (2.5 miles away), and Centennial Airport (under 10 minutes away). The property's size and ample parking provide a significant advantage in this competitive market. This is a rare opportunity to acquire a well-located, high-quality office complex with significant upside potential. The property is for sale by owner.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Greenwood Village
- County
- Douglas
- State
- Colorado
- Longitude
- -104.866
- Latitude
- 39.5372
