Property summary
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.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 31,590 SF
- Lot area
- 1.48 ac
- Year built
- 1981
- Stories
- 3
- APN
- 2075-28-2-17-006
- Zoning
- PUD
- Assessed value · 2023
- $934,371
- Annual tax · 2023
- $84,287
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
PUD The purpose of the planned unit development district is to allow for the development of substantial parcels of land for large-scale or unique development concepts not otherwise permitted within a standard zone distri…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.