11551 Arapahoe Rd Centennial, CO 80112
High-Cap Rate, Secure Office Space
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
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
FAQs
- What type of property is this?
- Office property - High-Cap Rate, Secure Office Space
- Where is the office property located?
- The property is located at 11551 Arapahoe Rd Centennial, CO.
- What is the asking price?
- The asking price for this property is $16,000,000.
- What are key features of this property?
- This property features: 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.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].