11551 Arapahoe RdCentennial, CO 80112
High-Cap Rate, Secure Office Space
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 117
Highlights
- 85,935 SF Class B office building in Centennial, CO, on a 6.75-acre lot.
- Net-leased to Sierra Space Corporation, a well-funded aerospace and defense company, with 7.2 years remaining on the lease (through 1/31/2032) plus a 5-year option.
- Strong tenant with recent lease extension and significant capital improvements.
- High visibility location on Arapahoe Road, near Centennial Airport and ample retail amenities.
- $16,000,000 asking price ($186.19/SF), 8.51% cap rate, $1,362,000 NOI.
Property Details for 11551 Arapahoe Rd
- Property type
- Office properties
- Square Feet
- 85,935 SF
- Class
- B
- Year Built/Renovated
- 2000/2021
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 294,030 SF
Location Insight
- City
- Centennial
- County
- Arapahoe
- State
- Colorado
- Latitude
- 39.595938667321
- Longitude
- -104.85394211941
Nearby Similar for Sale
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