3969 E Arapahoe RD new to site Save Request In-Person Tour Request Virtual Tour
Centennial,CO 80122
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,798 sqft
Price per Sqft $215
MLS Listing ID 8316507
Style Contemporary
Year Built 1982
Annual Tax Amount $24,743
Tax Year 2024
Lot Size 2,737 Sqft
Property Sub-Type Office
Property Description
Premier Luxe Property Group, LLC is please to exclusively offer this Commercial Office Investment Opportunity at 3969 E Arapahoe Rd, Centennial, CO 80122. The office building is 5,798 s.f. on three levels above grade and has a 1,398 s.f. unfinished basement. The building is situated on a 2,737 s.f. lot just one half block south of
Arapahoe Rd.
The building is currently owned by Ridgeline Development, LLC. At the present time 10 of the 12 office suites are rented on primarily 1 year leases. The tenants pay gross rents and landlord pays for building expenses including utilities, internet, janitorial, and phone. Potential value add for the property is turning the basement space into storage for rent.
Location
State CO
County Arapahoe
Zoning BP-35
Exterior
Parking Features Asphalt
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected
Roof Type Composition
Building
Lot Description Landscaped
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional