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Marketing Description
Centennial Airport Plaza represents an opportunity to acquire a premier Class B asset catering to small and medium size tenants at pricing well below replacement cost with attractive long-term capital appreciation potential. Situated on a 4.59-acre site in the Centennial Airport Business Park in south-east suburban Denver, the property offers bay depths, and views of the Rocky Mountains through the asset’s continuous glass line. The 95% occupancy level speaks to the desirability of the asset and the location.
Investment Highlights
- Upside potential with in-place below market rental rates—submarket recording rising rental rates with vacancy on the decline
- Well maintained asset with upgrades completed over last few years
- Close proximity to abundant amenities such as restaurants, hotels, Family Sports Center entertainment complex, etc.
- Well-positioned near executive and workforce housing draws a highly educated workforce
- Easily accessible just south of the Arapahoe Road arterial corridor and 2 miles east of Interstate 25 (I-25)
View Property Website | Call For Offers Deadline: September 18, 2019
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