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12835 E Arapahoe Rd
Centennial, CO 80112
Land For Sale · 2.93 AC

Property Facts

Property Type Land
Property Subtype Commercial
Total Lot Size 2.93 AC

Description

NAI Shames Makovsky, as the Exclusive Agent of the Seller, is pleased to present the “Property” - Southfield Park Towers. Southfield Park Towers is a redevelopment opportunity site with in-place income. The two towers sit on 127,630 square feet (2.93 AC) of land and currently generates approximately $125,000 of annual NOI with short-term leases. The property currently consists of 86,480 rentable square foot across two office building towers with 360° unobstructed views, many redevelopment opportunities with 100 ft building heights, located in Centennial, Colorado. The Property is approximately 50% occupied with short term leases. This Property is located 2.4 miles east of I-25, on the north side of East Arapahoe Road. Access to the property is either from traffic east or westbound with designated turn lanes at a street light for easy access and way finding. The site’s location is centrally located between I-25, Highway 83 (Parker Rd.), and Centennial Airport. All are minutes away and within 1.5 to 2.4 miles. The Property is being offered fee-simple and free and clear of all existing debt

  • Listing ID: 26413596

  • Date on Market: 8/16/2022

  • Last Updated:

  • Address: 12835 E Arapahoe Rd, Centennial, CO 80112

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