For Sale
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9800 Mt Pyramid CtGreenwood Village, CO 80112

Prime Greenwood Village Office Portfolio: 239,351 SF

Overview

Added:
Dec 11, 2024
Days on market:
116
Meridian Corporate Center I & II presents a compelling value-add investment opportunity in Greenwood Village, Colorado. This Class A office portfolio comprises two buildings totaling 239,351 square feet on a 14.98-acre lot. Built in 2000 and renovated in 2006, the property features a multi-tenant occupancy with 10 current tenants and a 55% occupancy rate. The efficient and flexible floor plans cater to a diverse tenant base, ranging from small to large businesses. Historically, occupancy has averaged over 95%, demonstrating strong demand. The property benefits from an exceptional location within the Meridian International Business Park, fronting Interstate 25 and offering convenient access to E-470 and Jamaica Street, as well as the Lincoln Station Light Rail. The surrounding area boasts a high average household income of $166,135 within a 3-mile radius, significantly exceeding the Denver metro average. Numerous amenities are nearby, including the Meridian Golf Club, Park Meadows Mall (2.5 miles away), and Centennial Airport (under 10 minutes away). The property's size and ample parking provide a significant advantage in this competitive market. This is a rare opportunity to acquire a well-located, high-quality office complex with significant upside potential. The property is for sale by owner.

Highlights

  • Value-add opportunity with stable in-place cash flow.
  • High historical occupancy rates.
  • High-quality construction featuring flexible and efficient floor plans.
  • Excellent location and accessibility.
  • Live-work-play environment.
  • Abundant amenities nearby.

Property Details for 9800 Mt Pyramid Ct

Property type
Office properties
Square Feet
239,351 SF
Class
A
Year Built/Renovated
2000/2006
Buildings
2
Stories
4
Lot Size (sq. ft)
652,529 SF

Location Insight

City
Greenwood Village
County
Douglas
State
Colorado
Latitude
39.5371961
Longitude
-104.8657828
9800 Mt Pyramid Ct, Greenwood Village, Colorado

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9800 Mt Pyramid Ct
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