7442 Tucson Way Centennial, CO 80112-3991
This exceptional Class A office property, Centennial Technology Center, offers 87,923 square feet of space across two single-story buildings in Englewood, Colorado. Built in 2000, the property boasts 11 loading docks, 11 drive-ins, and 14-foot clear heights, making it highly functional and appealing to a diverse range of tenants. Currently 95% occupied, this traditional office space presents a significant mark-to-market opportunity due to below-market rents and robust tenant demand in a supply-constrained submarket. The property is zoned BP100 (Business park 100) and features a weighted average lease term (WALT) of 2.6 years, providing stable, near-term cash flow and substantial upside potential. Its location in the thriving Centennial industrial market offers easy access to Denver, making it an attractive investment opportunity with a strong potential for rental rate growth. The property's functional design, combined with its prime location and current occupancy, makes it an ideal acquisition for investors seeking a highly sought-after asset type at a discount to current construction costs. This is a rare chance to acquire a well-positioned, high-quality office complex with significant long-term growth prospects.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.