7257 Tucson WayCentennial, CO 80112

Property Details for 7257 Tucson Way

Year built

1982

Construction

CONCRETE

Lot size

2.36 AC

Property size (Sq ft)

28,408 SF

Zone code

PUD

Property type

Office buildings

APN

2075-25-4-03-002

APU

207525403002

Description

This exceptional Class A office building, totaling 31,608 square feet, is situated on a generous 2.36-acre lot in Centennial, Colorado's desirable Dove Valley neighborhood. Built in 1982 and extensively renovated in 2019, the property boasts a prime location near prominent institutions such as the Denver Broncos Headquarters, Arapahoe County Courthouse, Centennial Airport, and Boom Supersonic headquarters. The building comprises a 28,408 square foot main office building and a 3,200 square foot flex/warehouse outbuilding currently configured as a state-of-the-art gym with lockers, showers, and a media production studio. The property is currently 100% leased to a single, high-credit tenant, iLendingDIRECT, a leading auto loan refinance provider backed by the substantial private equity firm J.C. Flowers and Co. This presents a compelling investment opportunity with significant potential for long-term growth and appreciation. The property is zoned BP100 and offers an asking price of $5,850,000, translating to $185.08 per square foot. Its strategic location within a thriving suburban office corridor, coupled with its modern amenities and strong tenant occupancy, makes this a highly attractive asset for discerning investors. The expansive lot size provides ample room for future expansion or development. This is a rare opportunity to acquire a high-quality, fully leased office property in one of Denver's most sought-after locations.

• CAP approach

  CAP return

  Valuation

  6%

  $6,213,801

  6.5%

  $5,735,816

  7%

  $5,326,116

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,347,069

  Geo Method

  $2,347,069

• Alternative Use

  Use

  Valuation

  Residential

  $7,112,412

  Hospitality

  $6,514,932

  Educational

  $5,420,346

  Medical

  $5,606,760

  Retail

  $8,431,650

Location Insight

City

Centennial

County

Arapahoe

State

Colorado

Latitude

39.5849

Longitude

-104.837

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

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 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 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].