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Property profile & analytics
FOR LEASE
Retail space
7562 S University Blvd Centennial, CO 80122
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0240542
For Lease
1 / 24
$9,175,000
7562 S University Blvd, Centennial, CO 80122
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
57,792 SF
Lot
4.01 ac (174,806 SF)
APN
2077-36-2-34-001
UPID
US13-0240542
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.17M
Comparable Approach
Comparable
$11.79M
Blend (final)
Blend
$9.18M
Owner & transaction history
Alberta Development Partners LLC · 3 yrs held
Alberta Development Partners LLC
since 2022
Last sale
$9.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Centennial submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Centennial submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$9,025,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$13,185,000
6.5%
$12,170,000
7%
$11,300,000
Blend value · Realmo final
$9.18M
Range $8.26M – $10.09M · ±10% · vs last sale $9.00M (Aug 3 2022)
Last sale anchor
$9.00M
Aug 3 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$159 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$191,406
Tax year 2021
Assessed value
$2,422,557
Assessed 2023
Previous assessed
$1,722,601
+40.6% YoY
Effective rate
7.90%
On assessed value
Land market value
$4,370,150
Improvement market value
$4,342,850
Total market value
$8,713,000
Applied tax rate
1,129.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
3
Stories
2
Bathrooms
36
Total area
57,792 SF
Lot
4.01 ac (174,806 SF)
APN
2077-36-2-34-001
UPID
US13-0240542
Jurisdiction
ARAPAHOE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Buildings
3
Bathrooms
36
Lot
4.01 ac
Current owner
From public records · entity-resolved
Alberta Development Partners LLC
Entity
Mailing address
11757 W KEN CARYL AVEF522, LITTLETON, CO 80127-3719
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2022
$9,000,000
Alberta Development Partners LLC
Southglenn Square LLC
Special Warranty Deed
$7,000,000 · Encore Bank NA
Mar 22, 2019
—
Southglenn Square LLC
—
Deed
related
$5,270,000 · Independent Bk
Jun 29, 2016
$5,250,000
Southglenn Square LLC
Greenbriar INC
Special Warranty Deed
—
Jun 29, 2016
—
Southglenn Square LLC
Greenbriar Assn
Quit Claim Deed
related
—
May 10, 2016
—
Greenbriar Assn
Public Svcs Co Of Co
Quit Claim Deed
related
—
—
—
Signature Southglenn Ltd
—
Deed Of Trust
related
$215,000 · Vectra Bank Colorado NA
—
—
Southglenn Square LLC
—
Loan Modification
related
$5,270,000 · Independent Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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