7340 Caley AveCentennial, CO 80111

Property Details for 7340 Caley Ave

Year built

1982

Construction

CONCRETE

Lot size

4.39 AC

Property size (Sq ft)

36,654 SF

Property type

Office buildings

APN

2075-21-3-05-001

APU

207521305001

Description

This exceptional three-building office complex, totaling 106,865 square feet, presents a unique investment opportunity in Centennial, Colorado. Located at 7340 E Caley Ave, 80111, this Class B property boasts a convenient location with easy access to I-25, placing it within close proximity to Greenwood Village, the Denver Tech Center, and Inverness Business Park. Built in 1982 and renovated in 2015, the property features three stories per building, offering 8,866 square feet of currently vacant space within a multi-tenant environment. The 4.39-acre lot provides ample space, and the property includes two elevators to service the three-story buildings. Parking is readily available with a ratio of approximately 3 spaces per 1,000 square feet. Recent updates to common areas enhance the professional atmosphere. The property's strategic location offers tenants convenient access to a wide array of amenities, including numerous restaurants, hotels, and service providers all within a one-mile radius. This property allows for business growth within the complex, making it an ideal location for companies seeking expansion opportunities. Located in Arapahoe County, this property offers a compelling combination of location, amenities, and potential.

• CAP approach

  CAP return

  Valuation

  6%

  $7,865,428

  6.5%

  $7,260,395

  7%

  $6,741,796

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,028,354

  Geo Method

  $3,028,354

• Alternative Use

  Use

  Valuation

  Residential Income

  $9,002,890

  Hospitality / Lodging

  $8,246,598

  Institutional / Educational

  $6,861,074

  Healthcare / Senior Housing

  $7,097,036

  Retail / Commercial

  $10,672,781

Location Insight

City

Centennial

County

Arapahoe

State

Colorado

Latitude

39.6018

Longitude

-104.903

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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