20209 Smoky Hill RdCentennial, CO 80015

Property Details for 20209 Smoky Hill Rd

Year built

2003

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.20 AC

Property size (Sq ft)

10,180 SF

Zone code

AMU

Property type

Strip malls

Property subtype

Neighborhood centers

APN

2073-14-3-34-002

APU

207314334002

Description

This exceptional Class A retail space, totaling 1,167 square feet, is situated within the vibrant Smoky Hill Town Center at 20209 E Smoky Hill Rd, Centennial, CO 80015. Built in 2003, this property is part of a three-building complex offering a total of 7,859 square feet of retail space. The space is immediately available and features a minimum divisible space of 1,167 square feet, with a maximum contiguous space of 1,167 square feet. The property boasts a desirable Planned Unit Development (PUD) zoning. Benefit from a strong national tenant co-tenancy, anchored by the newly opened VASA Fitness and Big Blue Swim School, attracting high-income demographics. Enjoy convenient proximity to the Southlands Mall, enhancing visibility and foot traffic. This location offers a compelling opportunity for businesses seeking a high-profile space in a thriving community. The address is easily accessible via the cross street, Himalaya. This space is perfect for a variety of businesses seeking a well-located, modern retail space in a high-traffic area. The property's prime location and strong tenant mix make it an ideal investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,808,793

  6.5%

  $2,592,732

  7%

  $2,407,537

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,032,430

  Geo Method

  $2,119,500

• Alternative Use

  Use

  Valuation

  Residential

  $2,187,066

  Hospitality

  $2,003,341

  Educational

  $1,666,756

  Medical

  $1,724,079

  Retail

  $2,592,732

Location Insight

City

Centennial

County

Arapahoe

State

Colorado

Latitude

39.6111

Longitude

-104.752

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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