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The Centennial Shops 3 Retail Properties Offered at $9,900,000 in Centennial, CO
Investment Highlights
- Hard-corner location at the signalized intersection of E. Arapahoe Rd (61,000 VPD) and S. Peoria St (12,673 VPD).
- 95% occupied with 37% of the rent roll operating at this location for more than 10 years.
- Average household income exceeding $231,000 within a one-mile radius.
- Strong lineup of restaurant tenants - Chipotle, Dog Haus, Noodles & Company, Alpha Charlie’s, Poke House, and Shanghai Garden.
- Majority NNN leases with minimal landlord responsibilities.
- High traffic center with more than 556,000 annual visits (Placer.ai).
Executive Summary
Blue West Capital is pleased to exclusively present The Shops at Centennial, a premier three-building unanchored retail portfolio located at the high-traffic, signalized intersection of East Arapahoe Road (61,000 VPD) and South Peoria Street (12,673 VPD) in Centennial, Colorado. The property offers exceptional visibility, regional access, and a strong tenant lineup within one of the Denver MSA’s most affluent and established trade areas.
The 28,263-square-foot portfolio is 95% leased to a diverse mix of national, regional, and local tenants, including Chipotle, Dog Haus, Noodles & Company, Alpha Charlie’s Tap & Tavern, Poke House, and others. The center benefits from long-term operating history, with 37% of tenants occupying their spaces for over 10 years.
Situated within the Denver South corridor, the property serves an affluent, growing community with average household incomes exceeding $231,000 within one mile and strong surrounding employment driven by 4.5 million square feet of nearby office and industrial space.
The 28,263-square-foot portfolio is 95% leased to a diverse mix of national, regional, and local tenants, including Chipotle, Dog Haus, Noodles & Company, Alpha Charlie’s Tap & Tavern, Poke House, and others. The center benefits from long-term operating history, with 37% of tenants occupying their spaces for over 10 years.
Situated within the Denver South corridor, the property serves an affluent, growing community with average household incomes exceeding $231,000 within one mile and strong surrounding employment driven by 4.5 million square feet of nearby office and industrial space.
Property Facts
| Price | $9,900,000 | Number of Properties | 3 |
| Price / SF | $350.28 / SF | Individually For Sale | 0 |
| Cap Rate | 6.25% | Total Building Size | 28,263 SF |
| Sale Type | Investment NNN | Total Land Area | 4.25 AC |
| Status | Under Contract |
| Price | $9,900,000 |
| Price / SF | $350.28 / SF |
| Cap Rate | 6.25% |
| Sale Type | Investment NNN |
| Status | Under Contract |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 28,263 SF |
| Total Land Area | 4.25 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 6631 S Peoria St, Centennial, CO 80111 | Retail | 12,370 SF | 2005 | - |
|
Building C
12073 E Arapahoe Rd, Centennial, CO 80112 |
Retail | 9,718 SF | 2003 | - |
|
The Shops at Centennial
12023 E Arapahoe Rd, Centennial, CO 80112 |
Retail | 6,175 SF | 2002 | - |
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