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$1,100,000
Est. payment /mo
2,737 Sqft Lot
Active
3969 E Arapahoe RD Centennial, CO 80122
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8316507
Style Contemporary
HOA Y/N No
Year Built 1982
Lot Size 2,737 Sqft
Acres 0.06
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.
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
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
Waterfront Description Public
Roof Type Composition
Private Pool No
Building
Lot Description Landscaped
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Others
Tax ID 034876669

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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byBerkshire Hathaway HomeServices Colorado Real Estate, LLC
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Travis Hightower is an exceptional real estate professional. I worked with him on the sale of my condo, and his professionalism, initiative, and attention to detail were outstanding from beginning to end. Travis took ownership of the entire process. He coordinated the contractors, got the property market-ready quickly, and produced a listing that stood well above the competition. The photography and presentation were first-class. He even took the initiative to meet with the HOA to better understand the property's finances, future plans, and implications for residents. The results spoke for themselves. Despite listing in December, we were under contract within a week and closed in less than a month. We also achieved an excellent price, particularly considering a condo one building over sold for approximately 11% less just a few months later. I was traveling internationally during much of the process, but Travis and his team made everything straightforward. Communication was consistently clear, responsiveness was excellent, and the closing team was equally professional and reasonable in its fees. Real estate is clearly more than a profession to Travis. He lives and breathes it, and that commitment shows in the quality of his work, the people he surrounds himself with, and the results he delivers. Beyond his professionalism, Travis is genuinely warm, personable, and a pleasure to work with. He has a way of making you feel at ease and that you're in good hands. I couldn't be happier with the experience and would recommend Travis without hesitation.