9055 Mineral CirCentennial, CO 80112

Property Details for 9055 Mineral Cir

Year built

2001

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.45 AC

Property size (Sq ft)

18,848 SF

Zone code

AB1

Property type

Office properties

Property subtype

Office buildings

APN

2075-34-2-19-001

APU

207534219001

Description

This exceptional 18,928-square-foot medical office building in Centennial, Colorado, presents a unique investment opportunity. The single-tenant, Class B property, built in 2001, boasts a desirable location in the SE Suburban submarket at 9055 E Mineral Cir, 80112, near the intersection of Yosemite. The two-story building sits on 1.45 acres and includes 83 parking spaces and one elevator. Its convenient location offers easy access to major transportation arteries, including proximity to the Dry Creek Station Light Rail, and the I-25/I-225 and I-25/470 interchanges. Commuting times to Downtown Denver, Denver International Airport, and Centennial Airport are estimated at 30, 35, and 15 minutes respectively. The property is zoned for office use and benefits from its proximity to the Park Meadows Regional Shopping Mall and a robust residential area, providing a strong employee base. The building is well-maintained and offers excellent amenities. The entire 18,928 square feet is currently vacant, presenting a blank canvas for a new tenant or the opportunity to lease to multiple tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $4,122,702

  6.5%

  $3,805,571

  7%

  $3,533,745

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,557,222

  Geo Method

  $1,557,222

• Alternative Use

  Use

  Valuation

  Residential

  $4,718,908

  Hospitality

  $4,322,494

  Educational

  $3,596,265

  Medical

  $3,719,946

  Retail

  $5,594,190

Location Insight

City

Centennial

County

Arapahoe

State

Colorado

Latitude

39.5758

Longitude

-104.885

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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