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Office

Arapahoe Plaza

7700 E Arapahoe Rd, Centennial, CO 80112

Listing Price: $6,400,000

Cap Rate
6.06%
Gross SF
39,344
Rentable SF
38,071
Price/Gross SF
$162.67
Lot Size
2.58 acres
Year Built
1981

Investment Overview

The Kramer Group of Marcus & Millichap is pleased to present Arapahoe Plaza. Located at 7700 E Arapahoe Road in Centennial, Colorado. This Class B, multi-tenant, office building is 96% occupied with a WALT of 3 years. Arapahoe Plaza lies 1 mile West of I-25 on Arapahoe Road. This amazing asset is South of the newly formed Arapahoe Entertainment District and its numerous restaurants, amenities, and entertainment options to include: Pindustry, Grange Hall, Shake Shack, and Fiddlers Green Amphitheatre. Arapahoe Plaza caters to the extensive nearby executive and employee housing base with truly walkable amenities in a suburban setting including retail and hotel options. Investors will benefit from owning this property now as the area continues to redevelop into South Denver's premier Entertainment and Arts District.

Investment Highlights

  • Located less than 1 mile West of I-25 with great visibility on Arapahoe Road.
  • Walking Distance to the Arapahoe Entertainment District in Greenwood Village, Restaurants and Amenities include: Pindustry, Grange Hall, and Fiddlers Green Amphitheatre.
  • 96% Occupied. 39,344 Gross Square Feet with 38,071 Square Feet of Rentable Building Area.
  • Multi-tenant ,Class B Office Building, with 22 Units, and a Weighted Average Lease Term of 3 Years.
  • Over $130k in Recent Improvements

Exclusively Listed By

Financing By

Listing Price: $6,400,000

Cap Rate
6.06%
Gross SF
39,344
Rentable SF
38,071
Price/Gross SF
$162.67
Lot Size
2.58 acres
Year Built
1981

Investment Highlights

  • Located less than 1 mile West of I-25 with great visibility on Arapahoe Road.
  • Walking Distance to the Arapahoe Entertainment District in Greenwood Village, Restaurants and Amenities include: Pindustry, Grange Hall, and Fiddlers Green Amphitheatre.
  • 96% Occupied. 39,344 Gross Square Feet with 38,071 Square Feet of Rentable Building Area.
  • Multi-tenant ,Class B Office Building, with 22 Units, and a Weighted Average Lease Term of 3 Years.
  • Over $130k in Recent Improvements

Investment Overview

The Kramer Group of Marcus & Millichap is pleased to present Arapahoe Plaza. Located at 7700 E Arapahoe Road in Centennial, Colorado. This Class B, multi-tenant, office building is 96% occupied with a WALT of 3 years. Arapahoe Plaza lies 1 mile West of I-25 on Arapahoe Road. This amazing asset is South of the newly formed Arapahoe Entertainment District and its numerous restaurants, amenities, and entertainment options to include: Pindustry, Grange Hall, Shake Shack, and Fiddlers Green Amphitheatre. Arapahoe Plaza caters to the extensive nearby executive and employee housing base with truly walkable amenities in a suburban setting including retail and hotel options. Investors will benefit from owning this property now as the area continues to redevelop into South Denver's premier Entertainment and Arts District.

Exclusively Listed By

Financing By

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