6649 Paris StCentennial, CO 80111

Property Details for 6649 Paris St

Year built

2009

Construction

FRAME

Lot size

0.58 AC

Property size (Sq ft)

6,592 SF

Property type

Office buildings

APN

2075-23-4-35-004

APU

207523435004

Description

This exceptional 6,324-square-foot freestanding Class A office building presents a unique sublease opportunity. Located on the bustling Arapahoe Road corridor in Arapahoe County, this single-tenant property boasts a highly desirable location. Built in 2009, the one-story structure sits on a 0.58-acre lot and is zoned CG. Its strategic placement offers unparalleled visibility and accessibility. The building benefits from exceptionally high daytime and nighttime traffic counts, driven by its proximity to key landmarks including Centennial Airport, the City of Centennial, and the Arapahoe County Justice Center. Enjoy the convenience of neighboring businesses such as Starbucks, Holiday Inn, Natural Grocers, Mavericks Gas Station, and Topgolf. The property's previous use as a shooting range offers a unique history and adaptable layout. Furthermore, its easy access to I-25 and Parker Road ensures seamless commutes for employees and clients. This is a rare opportunity to secure a freestanding office building in a high-traffic, well-established area. The property's size, location, and amenities make it an ideal choice for a variety of businesses seeking a prominent presence in a thriving commercial hub.

• CAP approach

  CAP return

  Valuation

  6%

  $1,414,550

  6.5%

  $1,305,738

  7%

  $1,212,471

• Comparable approach

  Method

  Valuation

  Relative Method

  $544,631

  Geo Method

  $544,631

• Alternative Use

  Use

  Valuation

  Residential

  $1,619,115

  Hospitality

  $1,483,101

  Educational

  $1,233,922

  Medical

  $1,276,359

  Retail

  $1,919,435

Location Insight

City

Centennial

County

Arapahoe

State

Colorado

Latitude

39.5962

Longitude

-104.851

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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