Arapahoe Plaza East I | 7853 E Arapahoe Ct
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Arapahoe Plaza East I 7853 E Arapahoe Ct
31,590 SF 92% Leased Office Building Centennial, CO 80112 £1,718,653 (£54/SF) 8.50% Net Initial Yield
Investment Highlights
- Upgrades to interior common areas
- Close proximity to area restaurants, banking, shopping and hotels
- Diverse Tenant Mix
- Excellent Location on E Arapahoe Rd
- Ample Parking
- RTD Bus Stop at front of property
Executive Summary
The Arapahoe Court Office Buildings are attractive, Suburban, multi-tenant, three story office building’s located on the Arapahoe Corridor just south of the Denver Tech Center, immediately off the I-25 and Arapahoe interchange. The immediate market area is seeing an abundance of redevelopment with Shake Shack, Pindustry, Cherry Creek Food Hall & soon to be completed 330 unit brand new multi-family project and much much more. The building offers easy acess, visibility and signage on busy Arapahoe Road; ample parking; a full turn signalized access at Spruce St. Occupants appreciate quick and easy access to DTC and Downtown Denver without having to pay the higher price of those markets. (2 minutes to DTC, 15 minutes to Cherry Creek North and 20 minutes to Downtown Denver Tenants enjoy the nearby amenities which include multiple grocery stores, large shopping centers, a multitude of restaurants, coffee shops, bars and entertainment venues, health clubs, shopping, residential neighborhoods and apartments.
Data Room Click Here to Access
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
31,590 SF
Building Class
C
Year Built
1981
Price
£1,718,653
Price Per SF
£54
Net Initial Yield
8.50%
NOI
£146,086
Percent Leased
92%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
10,530 SF
Slab to Slab
11 ft
Building FAR
0.49
Land Acres
1.48 AC
Zoning
B-1
Parking
126 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Property Manager on Site
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Small office Suite with reception and an office
1,040 square feet available for lease.
289 square feet available for lease.
1,050 square feet available for lease.
446 square feet available for lease.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 1150 | 202 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 1200 | 1,040 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 2050 | 289 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 2100 | 1,050 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 3500 | 446 SF | Office | Full Build-Out | 60 Days |
1st Fl-Ste 1150
| Size |
| 202 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 1200
| Size |
| 1,040 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 2050
| Size |
| 289 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 2100
| Size |
| 1,050 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 3500
| Size |
| 446 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 60 Days |
1st Fl-Ste 1150
| Size | 202 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Small office Suite with reception and an office
1st Fl-Ste 1200
| Size | 1,040 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1,040 square feet available for lease.
2nd Fl-Ste 2050
| Size | 289 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
289 square feet available for lease.
2nd Fl-Ste 2100
| Size | 1,050 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1,050 square feet available for lease.
3rd Fl-Ste 3500
| Size | 446 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 60 Days |
446 square feet available for lease.
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Walk Score ®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 2075-28-2-17-006 | Improvements Assessment | £0 (2024) |
| Land Assessment | £0 (2024) | Total Assessment | £730,615 (2024) |
PROPERTY TAXES
Parcel Number
2075-28-2-17-006
Land Assessment
£0 (2024)
Improvements Assessment
£0 (2024)
Total Assessment
£730,615 (2024)
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John Propp Commercial Group
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Arapahoe Plaza East I | 7853 E Arapahoe Ct
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