Offered at $2,400,000 | ±14,983 SF | Office | Current Cap Rate: 5.90% | Pro Forma Cap Rate: 7.00%
Why It’s A Smart Buy
Strong Income Performance:
Operating at a 5.90% cap rate with a path to 7.00% pro forma, offering both stability and growth.
High Occupancy:
Currently 91.4% leased across diversified, professional tenants—law, tech, and service firms driving consistent rent flow.
Value-Add Potential:
Room to enhance NOI through targeted leasing and modest rent growth in a market averaging $26–$31/SF FSG.
Prime Location:
Minutes from I-25, Arapahoe Road, and Belleview Station, surrounded by top employers, dining, and retail.
Investor-Friendly Management:
HOA covers exterior maintenance; reducing ownership oversight while preserving building quality.
Attractive Amenities:
Landscaped courtyard, private patios and decks, and abundant parking enhance tenant retention.
Established Submarket:
Centennial and Greenwood Village remain among metro Denver’s most stable office corridors, backed by steady absorption and low vacancy.