7853 Arapahoe Ct, Centennial, CO 80112-1359
- Office buildings
- 31,590 SF
- 1.48 lot acres
Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 7853 Arapahoe Ct
- Year built
- 1981
- Construction
- FRAME
- Lot size
- 1.48 lot acres
- Zone code
- PUD
- Property type
- Office buildings
- APN
- 2075-28-2-17-006
- APU
- 207528217006
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 2, 2026 | $2,850,000 | West Arapahoe Plaza LLC | Katharsis LLC | Special Warranty Deed | — |
| Jan 7, 2025 | $2,029,260 | Katharsis LLC | 7853 Arapahoe Partners LLC | Special Warranty Deed | $1.2M · Redstone Bank |
| Oct 16, 2020 | $2,975,000 | 7853 Arapahoe Partners LLC | Arapahoe Plaza East LLC | Re-recorded Document · related | — |
| Jul 21, 2020 | $2,975,000 | The Welsh Family Trust | Arapahoe Plaza East LLC | Special Warranty Deed | $2.2M · Bank Of Colorado |
| May 19, 2010 | $4,425,000 | Arapahoe Plaza East LLC | Eat-0719 LLC | Grant Deed | — |
| Jun 7, 2007 | $4,425,000 | Eat-0719 LLC | 7853 East Arapahoe Court LLC | Grant Deed | $4.3M · Next Millennium Prop Co LLC |
| May 31, 2007 | $155,062 | 7853 East Arapahoe Court LLC | Treasurer Of Arapahoe County | Redemption Deed | — |
Description
This exceptional investment opportunity presents two three-story, Class C office buildings totaling 63,180 square feet, situated on a 2.58-acre lot in Centennial, Colorado. Located on the Arapahoe Corridor, just south of the Denver Tech Center, this stabilized multi-tenant property boasts a 95% occupancy rate and a strong NOI of $421,040, yielding an 8.44% cap rate. The asking price is $4,990,000 ($78.98/sq ft). Built in 1981, these buildings feature excellent visibility and signage on Arapahoe Road, ample parking, and easy access to I-25. The property benefits from a prime location near numerous amenities, including shopping centers, restaurants, and residential areas, offering tenants convenient access to the Denver Tech Center, Cherry Creek North, and Downtown Denver. The B-1 zoning allows for flexibility, and the diverse tenant mix with smaller office suites ensures consistent cash flow and minimal vacancy downtime. This value-add opportunity presents significant potential for rent growth and management improvements, making it an attractive investment in a thriving submarket. The property includes a gross lease type and is currently operating at a high occupancy rate.
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Location Insight
- Map
- Local Demand
- City
- Centennial
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.897
- Latitude
- 39.5945
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
