Arapahoe Plaza East II | 7955 E Arapahoe Ct
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Arapahoe Plaza East II 7955 E Arapahoe Ct
31,590 SF 98% Leased Office Building Centennial, CO 80112 $2,812,199 ($89/SF) 8.50% Cap Rate
Investment Highlights
- Upgrades to interior common areas
- Ample Parking
- Excellent Location on E Arapahoe Rd
- Diverse Tenant Mix
- Several new developments in the immediate area
- Close proximity to area restaurants, banking, shopping and hotels
Executive Summary
The Arapahoe Court Office Buildings are attractive, Suburban, multi-tenant, three story office buildings 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 more. The building’s offer excellent 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, and significant 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
B
Year Built
1981
Price
$2,812,199
Price Per SF
$89
Cap Rate
8.50%
NOI
$239,037
Percent Leased
98%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,530 SF
Slab To Slab
10’
Building FAR
0.66
Land Acres
1.10 AC
Zoning
B-1
Parking
126 Spaces (3.99 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Property Manager on Site
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
The suite has a reception and two offices.
Small office suite that has a kitchenette with water.
600 square feet available for lease.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 2175 | 575 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 3650 | 490 SF | Office | Full Build-Out | 30 Days |
| 3rd Fl-Ste 3900 | 600 SF | Office | Full Build-Out | 30 Days |
2nd Fl-Ste 2175
| Size |
| 575 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 3650
| Size |
| 490 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
3rd Fl-Ste 3900
| Size |
| 600 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 2175
| Size | 575 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
The suite has a reception and two offices.
3rd Fl-Ste 3650
| Size | 490 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Small office suite that has a kitchenette with water.
3rd Fl-Ste 3900
| Size | 600 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
600 square feet available for lease.
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Walk Score ®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 2075-28-2-17-005 | Improvements Assessment | $0 (2024) |
| Land Assessment | $0 (2024) | Total Assessment | $926,001 (2024) |
PROPERTY TAXES
Parcel Number
2075-28-2-17-005
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$926,001 (2024)
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Joshua Cohen -
John Propp Commercial Group
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Arapahoe Plaza East II | 7955 E Arapahoe Ct
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