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The Ridge at Centennial 6649 S Paris St 6,324 SF Retail Building Centennial, CO 80112 $3,000,000 ($474.38/SF) 6.07% Cap Rate
INVESTMENT HIGHLIGHTS
- Very strong daytime/ nighttime population
- Abundant parking
- Highly affluent trade area
- Easy access/ short distance to I-25, Parker Road, and DTC
- Hard to find freestanding office building
- Near Centennial Airport, City of Centennial, and Arapahoe County Justice Center
EXECUTIVE SUMMARY
Hard to find freestanding office building along the thriving Arapahoe Road corridor. Ideal owner user building.
Buyer can move in immediately or keep existing tenant. There is a current lease expiring December 31, 2027 with annual income of $182,067.36 a year(NNN).
Buyer can move in immediately or keep existing tenant. There is a current lease expiring December 31, 2027 with annual income of $182,067.36 a year(NNN).
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,324 SF
Building Class
B
Year Built
2009
Price
$3,000,000
Price Per SF
$474.38
Cap Rate
6.07%
NOI
$182,067
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.58 AC
Zoning
CG
Parking
27 Spaces (4.27 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2075-23-4-35-004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $221,526 |
PROPERTY TAXES
Parcel Number
2075-23-4-35-004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$221,526
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The Ridge at Centennial | 6649 S Paris St
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