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    5030-5290 Arapahoe Rd Centennial, CO 80122

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    5030-5290 Arapahoe Rd Centennial, CO 80122

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    • Neighborhood centers
    • 17,294 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 5030-5290 Arapahoe Rd

    Property size
    17,294 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Centennial
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.928
    Latitude
    39.5948

    Comparable in this City

    • Value Estimation
      $4,270,000
      43,934 SF

      8237 Holly St

      SHOPPING CENTER, STRIP CENTER • 43,934 SF
      8237 Holly St, Centennial, CO 80122-4026
      View Details
    • Value Estimation
      $935,000
      9,600 SF

      8080 Holly St

      SHOPPING CENTER, STRIP CENTER • 9,600 SF
      8080 Holly St, Centennial, CO 80122-4001
      View Details
    • Value Estimation
      $1,915,000
      6,948 SF

      7330 Broadwaya

      SHOPPING CENTER, STRIP CENTER • 6,948 SF
      7330 Broadwaya, Littleton, CO 80122-8015
      View Details
    • Value Estimation
      $1,350,000
      12,000 SF

      26 Arapahoe Rd

      SHOPPING CENTER, STRIP CENTER • 12,000 SF
      26 Arapahoe Rd, Littleton, CO 80122-8001
      View Details
    • Value Estimation
      $5,685,000
      50,538 SF

      311 County Line Rd

      SHOPPING CENTER, STRIP CENTER • 50,538 SF
      311 County Line Rd, Littleton, CO 80122-8102
      View Details
    • Value Estimation
      $795,000
      6,050 SF

      7300 Colorado Blvd

      SHOPPING CENTER, STRIP CENTER • 6,050 SF
      7300 Colorado Blvd, Centennial, CO 80122-2200
      View Details

    Similar Nearby for Sale

    • $1,700,000
      2,400 SF

      Freestanding Retail Building in Centennial

      Highly visible retail building in an established commercial corridor.
      7560 S University Blvd, Centennial, CO 80122
      View Details
    • Contact for pricing

      Corner Lot on Colorado Boulevard

      Prime corner lot available at Colorado Boulevard and Dry Creek.
      4059 E Dry Creek Rd, Centennial, CO 80122
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Centennial Center

      Retail space available in well-located Centennial shopping center.
      8203-8267 South Holly St, Centennial, CO 80122
      View Details
    • Contact for pricing

      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
      6,500 SF

      Retail Space in Littleton Center

      Retail spaces available in a busy Littleton shopping center.
      7951-8021 S Broadway, Littleton, CO 80122
      View Details
    • Contact for pricing

      Retail Space in Heritage Green

      Retail units available in a busy Centennial shopping center.
      8203-8269 South Holly St, Centennial, CO 80122
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    • Contact for pricing

      Littleton Retail Space For Rent

      Retail spaces available in a busy Littleton shopping center.
      7923-7945 S Broadway, Littleton, CO 80122
      View Details
    • Contact for pricing

      Retail Space in Foxridge Plaza

      Retail space for lease in Centennial, Colorado shopping center.
      8160-8290 South Holly St, Centennial, CO 80122
      View Details
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    Centennial, CO 80122
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    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
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