15352 Ida Dr Centennial, CO 80015-4286
- Strip malls
- 14,766 SF
- 1.37 lot acres
Feb 15, 2023
Current Use by Public Records
- Strip malls
Property Details for 15352 Ida Dr
- Year built
- 1998
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.37 lot acres
- Property size
- 14,766 SF
- Zone code
- AMU
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 2073-17-3-28-002
- APU
- 207317328002
Description
This exceptional retail space, located at 15352 E Ida Dr in Centennial, Colorado, offers 1,000 square feet of prime retail space. Situated in the thriving Piney Creek Shops, this in-line unit is part of a vibrant retail center boasting a diverse mix of established businesses. Current tenants include LePeep, a nail salon, an events center, Lubo's Pizza, Cakepops, and Bellco Credit Union, ensuring high foot traffic and a strong sense of community. The property enjoys convenient access from both Parker Road and Orchard Road, providing excellent visibility and accessibility for customers. The space is available for lease beginning January 1st, 2025. This presents a fantastic opportunity for a business seeking a well-located, established retail space in a bustling Arapahoe County shopping center. The property is in Centennial, Colorado, zip code 80015. Please note that the space is currently occupied, and tenant disturbance is discouraged. This is a multiple-tenancy retail property. The property is easily accessible from major roadways, offering excellent visibility and convenient access for customers. The space is ideal for a variety of retail uses and presents a unique opportunity to establish a business in a thriving community.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,670,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,000,000
- 6.5%
- $3,690,000
- 7%
- $3,425,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,906,000
- AI Estimate
- $5,906,000
Market price range: $2.93M - $8.61MMarket price range: $2.93M - $8.61M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $5,115,000 Current use
- RESTAURANT
- $7,190,000 Change: +41% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $6,140,000 Change: +20% Conversion: Difficult
- RETAIL STORES
- $5,165,000 Change: +1% Conversion: Easy
- MEDICAL BUILDING
- $4,555,000 Change: -11% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $4,290,000 Change: -16% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Centennial
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.81
- Latitude
- 39.6117
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA