9785 Maroon CirEnglewood, CO 80112

Property Details for 9785 Maroon Cir

Year built

1984

Lot size

7.04 AC

Property size (Sq ft)

139,851 SF

Property type

Office properties

APN

R0304039

APU

R0304039

Description

Meridian One, located at 9785 S Maroon Cir in Englewood, Colorado, presents a significant retail opportunity. This 140,416 square foot fitness center and commercial property, built in 1983, offers multiple tenancy options within its eight suites. Currently, there is 117,018 square feet of vacant space available, with individual suites ranging from a minimum of 4,647 square feet to a maximum contiguous space of 36,361 square feet. The property is situated in Douglas County, zip code 80112, and boasts ample parking with a ratio of 3.5 spaces per 1,000 rentable square feet. This prime Englewood location provides excellent visibility and accessibility for businesses seeking a well-established space in a thriving community. The property's existing infrastructure and substantial available space make it ideal for a variety of retail and commercial uses, particularly those in the fitness or health-related sectors given its current configuration. The property's size and layout offer flexibility for both single-tenant and multi-tenant occupancy. Interested parties are encouraged to inquire about lease terms and specific suite availability.

• CAP approach

  CAP return

  Valuation

  6%

  $34,668,900

  6.5%

  $32,002,100

  7%

  $29,716,200

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,554,500

  Geo Method

  $11,554,500

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $64,100,700

  Retail / Commercial

  $32,656,000

  Mixed-Use / Specialty

  $32,370,500

  Hospitality / Lodging

  $23,529,000

  Institutional / Educational

  $33,591,800

  Residential Income

  $39,302,400

  Multifamily

  $48,074,500

  Automotive / Energy

  $28,793,000

  Parking / Income-Based Land

  $10,103,200

  Restaurant / Food Service

  $16,475,300

  Healthcare / Senior Housing

  $33,368,700

Location Insight

City

Englewood

County

Douglas

State

Colorado

Latitude

39.539

Longitude

-104.862

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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