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7442 Tucson Way Centennial, CO 80112

Class A Office Space, High Demand

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Class A office property, Centennial Technology Center, offers 87,923 square feet of space across two single-story buildings in Englewood, Colorado. Built in 2000, the property boasts 11 loading docks, 11 drive-ins, and 14-foot clear heights, making it highly functional and appealing to a diverse range of tenants. Currently 95% occupied, this traditional office space presents a significant mark-to-market opportunity due to below-market rents and robust tenant demand in a supply-constrained submarket. The property is zoned BP100 (Business park 100) and features a weighted average lease term (WALT) of 2.6 years, providing stable, near-term cash flow and substantial upside potential. Its location in the thriving Centennial industrial market offers easy access to Denver, making it an attractive investment opportunity with a strong potential for rental rate growth. The property's functional design, combined with its prime location and current occupancy, makes it an ideal acquisition for investors seeking a highly sought-after asset type at a discount to current construction costs. This is a rare chance to acquire a well-positioned, high-quality office complex with significant long-term growth prospects.

Highlights

  • Class A office property totaling 87,923 square feet in two single-story buildings.
  • 95% occupied with a weighted average lease term (WALT) of 2.6 years.
  • Strong tenant demand in a supply-constrained submarket.
  • Below-market rents offering significant rental rate growth potential.
  • Prime location in Englewood, CO with easy access to Denver.

Property Details for 7442 Tucson Way

Property type
Office properties
Square Feet
87,923 SF
Class
A
Year Built
2000
Buildings
2
Stories
1

Location Insight

City
Centennial
County
Arapahoe
State
Colorado
Latitude
39.581872070385
Longitude
-104.8378030942

FAQs

What type of property is this?
Office property - Class A Office Space, High Demand
Where is the office property located?
The property is located at 7442 Tucson Way Centennial, CO.
What are key features of this property?
This property features: Class A office property totaling 87,923 square feet in two single-story buildings.; 95% occupied with a weighted average lease term (WALT) of 2.6 years.; Strong tenant demand in a supply-constrained submarket.
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7442 Tucson Way
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