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8085 S Chester & 9110 E Nichols 2 Office Properties in Centennial, CO
Investment Highlights
- Opportunity to acquire a two-property assemblage totaling approximately 11.67 acres within the Denver Tech Center and Midtown Centennial
- Ownership is advancing Midtown Centennial re-zoning to a wide-open, mixed-use framework supporting multifamily and alternative uses
- Flexible development pathways supporting a range of residential, commercial, and complementary uses (subject to final zoning)
- Significant benefit from proposed Midtown Centennial zoning changes and substantial municipality support
- Ability to implement a coordinated development vision across both sites
- Transit-accessible location near the Dry Creek light rail station
Executive Summary
8085 S Chester and 9110 E Nichols represent a rare opportunity to acquire an exciting scalable development platform within the Denver Tech Center and positioned within the formally adopted Midtown Centennial redevelopment framework. The properties are being offered together, or separately, providing the ability to execute a coordinated vision across nearly 12 acres in one of the region’s most established employment and amenity corridors.
Ownership is actively advancing the re-zoning initiative which will formally transition the sites towards the extremely favorable mixed-use framework aligned with the City’ s “Midtown Centennial” sub-area vision plan This process will greatly enhance development flexibility and support a broad range of residential, commercial, and place making uses over time.
With strong regional accessibility, proximity to light rail, and adjacency to major retail and employment centers, the portfolio offers investors and developers the opportunity to create a thoughtfully planned project within a supply-constrained sub-market with immense support from the municipality. The offering provides the ability to control a well-located assemblage positioned for long-term value creation
Ownership is actively advancing the re-zoning initiative which will formally transition the sites towards the extremely favorable mixed-use framework aligned with the City’ s “Midtown Centennial” sub-area vision plan This process will greatly enhance development flexibility and support a broad range of residential, commercial, and place making uses over time.
With strong regional accessibility, proximity to light rail, and adjacency to major retail and employment centers, the portfolio offers investors and developers the opportunity to create a thoughtfully planned project within a supply-constrained sub-market with immense support from the municipality. The offering provides the ability to control a well-located assemblage positioned for long-term value creation
Property Facts
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 282,472 SF |
| Status | Active | Total Land Area | 11.47 AC |
| Number of Properties | 2 |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 282,472 SF |
| Total Land Area | 11.47 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Highland Place II
9110 E Nichols Ave, Centennial, CO 80112 |
Office | 143,701 SF | 1984 | - |
|
Highland Place I
8085 S Chester St, Centennial, CO 80112 |
Office | 138,771 SF | 1982 | - |
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Contacts
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Corey Sandberg -
Michael Krebsbach -
Morgan Wheeler -
Pinnacle Real Estate Advisors
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8085 S Chester & 9110 E Nichols
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