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Foxridge Professional Plaza 8120 S Holly St 24,738 SF 79% Leased Office Building Centennial, CO 80122 $4,300,000 ($173.82/SF) 6.22% Cap Rate



Investment Highlights
- Well-located medical and professional office building that offers the flexibility of ownership while benefiting from immediate rental income
- Well-maintained and is designed to accommodate a variety of medical and professional office users.
- An investor has the value-add opportunity to increase occupancy through lease-up and grow net operating income and overall returns.
- Current tenant roster includes established medical and dental practices with long-term lease commitments
- Approximately 5,206 square feet is currently available for lease, creating immediate flexibility for an owner-user to occupy multiple existing vacant
- Offers a combination of location, functionality, in-place income, & future flexibility-increasingly difficult to find in the South Denver market
Executive Summary
Foxridge Professional Plaza presents a rare opportunity to acquire a well-located medical and professional office building that offers the flexibility of ownership while benefiting from immediate rental income. Located at 8120 S. Holly Street in Centennial, Colorado, the 24,738 square foot building combines the advantages of owner-user real estate with the stability of an established multi-tenant investment.
The current tenant roster includes established medical and dental practices with long-term lease commitments, creating dependable cash flow from day one while allowing new ownership to customize and occupy available space over time. For users such as medical and dental practices, professional service firms, and healthcare organizations seeking long-term control of their real estate, Foxridge Professional Plaza provides the ability to occupy a significant portion of the building while existing tenant income helps offset ownership costs.
Originally constructed in 1985 and renovated in 2013, the building has been well-maintained and is designed to accommodate a variety of medical and professional office users. The property features 111 surface parking spaces, providing a parking ratio of approximately 4.49 spaces per 1,000 square feet, a key advantage for healthcare providers whose patients rely on convenient parking.
Approximately 5,206 square feet is currently available for lease, creating immediate flexibility for an owner-user to occupy multiple existing vacant suites, expand into additional space as leases mature, or fully lease the building to maximize long-term value. Similarly, an investor has the value-add opportunity to increase occupancy through lease-up and grow net operating income and overall returns.
Whether acquired as a headquarters, medical office center, or long-term investment, Foxridge Professional Plaza offers a combination of location, functionality, in-place income, and future flexibility that is increasingly difficult to find in the South Denver market.
The current tenant roster includes established medical and dental practices with long-term lease commitments, creating dependable cash flow from day one while allowing new ownership to customize and occupy available space over time. For users such as medical and dental practices, professional service firms, and healthcare organizations seeking long-term control of their real estate, Foxridge Professional Plaza provides the ability to occupy a significant portion of the building while existing tenant income helps offset ownership costs.
Originally constructed in 1985 and renovated in 2013, the building has been well-maintained and is designed to accommodate a variety of medical and professional office users. The property features 111 surface parking spaces, providing a parking ratio of approximately 4.49 spaces per 1,000 square feet, a key advantage for healthcare providers whose patients rely on convenient parking.
Approximately 5,206 square feet is currently available for lease, creating immediate flexibility for an owner-user to occupy multiple existing vacant suites, expand into additional space as leases mature, or fully lease the building to maximize long-term value. Similarly, an investor has the value-add opportunity to increase occupancy through lease-up and grow net operating income and overall returns.
Whether acquired as a headquarters, medical office center, or long-term investment, Foxridge Professional Plaza offers a combination of location, functionality, in-place income, and future flexibility that is increasingly difficult to find in the South Denver market.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro Forma - 2027) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2027) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
24,738 SF
Building Class
B
Year Built/Renovated
1985/2013
Price
$4,300,000
Price Per SF
$173.82
Cap Rate
6.22%
NOI
$267,653
Percent Leased
79%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,369 SF
Slab To Slab
10’
Building FAR
0.32
Lot Size
1.77 AC
Zoning
PUD: BP35 - PUD: Business Park 35
Parking
111 Spaces (4.49 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Aviva Medical LLC
- Arts, Entertainment, and Recreation
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Laser and Vein, PC
- -
- -
-
$9.99
-
Lorem Ipsum
- -
- Miller & Associates CPAs, LLC
- Professional, Scientific, and Technical Services
- -
-
$9.99
-
Lorem Ipsum
- -
- Northland Hearing
- Health Care and Social Assistance
- -
- -
-
Lorem Ipsum
-
Jan 0000
- Playing Possum Clothing Co.
- Retailer
- -
- -
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Aviva Medical LLC | Arts, Entertainment, and Recreation | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Laser and Vein, PC | - | - | $9.99 | Lorem Ipsum | - | |
| Miller & Associates CPAs, LLC | Professional, Scientific, and Technical Services | - | $9.99 | Lorem Ipsum | - | |
| Northland Hearing | Health Care and Social Assistance | - | - | Lorem Ipsum | Jan 0000 | |
| Playing Possum Clothing Co. | Retailer | - | - | - | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
First floor lobby identity. Open floor plan with kitchen area and private internal restroom.
Elevator Lobby identity.
Small suite with three offices, reception and break room. Can be combined with Suite 106 for up to 3,3399 RSF.
Small office intensive suite with five offices, conference room, reception and break area
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 100 | 1,936 SF | Office | Full Build-Out | Nov 2026 |
| 1st Fl-Ste 106 | 2,123 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 107 | 1,276 SF | Office | - | Now |
| 2nd Fl-Ste 200 | 1,392 SF | Office | - | Now |
1st Fl-Ste 100
| Size |
| 1,936 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Nov 2026 |
1st Fl-Ste 106
| Size |
| 2,123 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 107
| Size |
| 1,276 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 1,392 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 100
| Size | 1,936 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Nov 2026 |
First floor lobby identity. Open floor plan with kitchen area and private internal restroom.
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 106
| Size | 2,123 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Elevator Lobby identity.
1st Fl-Ste 107
| Size | 1,276 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
Small suite with three offices, reception and break room. Can be combined with Suite 106 for up to 3,3399 RSF.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 200
| Size | 1,392 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
Small office intensive suite with five offices, conference room, reception and break area
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Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2075-32-3-29-002 | Improvements Assessment | $0 (2026) |
| Land Assessment | $0 (2026) | Total Assessment | $825,001 (2026) |
Property Taxes
Parcel Number
2075-32-3-29-002
Land Assessment
$0 (2026)
Improvements Assessment
$0 (2026)
Total Assessment
$825,001 (2026)
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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