Centennial, CO
Commercial Real Estate Market Trends & Data

$294 Avg asking sale price
$27 Avg asking lease rate
7,011 SF Avg unit lease size
17,677 SF Avg building size for sale
7.10% Average cap rate

Centennial's Demographic Profile

Centennial has 37,181 households and a median income of $124,525, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 99,752
# Households 37,181
Median age 43
Median household income $124,525
Avg household size 3.0
Renter-occupied housing units 7,548
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Centennial, CO

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Centennial $339 25,922 SF 8.02%
Englewood $373 10,755 SF 8.00%
Greenwood Village $225 20,182 SF 7.82%
Cherry Hills Village $503 2,825 SF 6.18%
Lone Tree $315 31,213 SF 8.02%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Centennial $299 7,821 SF 9.04%
Englewood $273 11,169 SF 6.00%
Cherry Hills Village $298 3,154 SF 5.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Centennial $479 16,412 SF
Englewood $331 9,032 SF
Greenwood Village $340 17,235 SF
Cherry Hills Village $565 3,454 SF
Lone Tree $371 28,405 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Centennial $258 32,410 SF 7.65%
Englewood $434 19,216 SF 7.07%
Greenwood Village $258 32,410 SF 7.65%
Aurora $206 12,321 SF 10.53%
Denver $291 17,681 SF 10.53%

Commercial Properties For Sale in Centennial

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

7447 E Berry Ave

Greenwood Village, CO 80111

  • 29,000 SF Office Building
  • $5,800,000
For Sale

Lincoln Executive Retail

Centennial, CO 80112

  • 2.70 AC Lot
  • 1 Commercial Lot
  • $5,500,000
For Sale

The Garage Den

Centennial, CO 80112

  • 57,600 SF Flex Building
  • 8.02% Cap Rate
  • $359,000 - $635,000
For Sale

Solarium

Greenwood Village, CO 80111

  • 171,189 SF Office Building
  • $11,000,000
For Sale

7257 S Tucson Way

Centennial, CO 80112

  • 31,608 SF Office Building
  • $4,995,000
For Sale

5699 S Greenwood Cir

Littleton, CO 80120

  • 3,620 SF Industrial Building
  • $2,499,900

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Centennial pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Centennial $294 17,677 SF
Englewood $294 12,188 SF
Greenwood Village $288 14,876 SF
Cherry Hills Village $444 14,395 SF

Regional Demographic Comparison

This comparison places Centennial alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Centennial or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Centennial 99,752 37,181 43 $124,525 3 7,548 -1%
Englewood 35,637 16,970 39 $72,438 2 9,508 2%
Greenwood Village 14,983 6,052 43 $134,740 2 2,419 -1%
Foxfield 778 264 47 $152,727 3 14 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Centennial, CO and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Centennial

View All Commercial Real Estate For Sale in Centennial
Is Centennial a good market for a first-time commercial real estate investor?

Centennial offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Centennial?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Centennial. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Centennial?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Centennial. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Centennial compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Centennial. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Centennial acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Centennial, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends