Centennial Professional Center

Off-Market

7009 South Potomac Street, Centennial, CO 80112

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 61,804 SF
  • Lot Size 4.4 Acre
  • Parking Spaces Avail. 263
  • Parking Ratio 4.26 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1985

Location

Getting Around

  • Walk Score ®

    22/100 Car-Dependent
  • Transit Score ®

    29/100 Some Transit
  • Bike Score ®

    34/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Centennial, CO
  • Neighborhood Peakview
  • Zip Code 80112
  • Market Denver

Points of Interest

  • Dry Creek

    2.47 miles

  • County Line

    2.86 miles

  • Arapahoe at Village Center

    3.09 miles

  • Lincoln

    3.59 miles

  • Orchard

    3.80 miles

  • Sky Ridge

    4.44 miles

  • Dayton

    4.44 miles

  • Lone Tree City Center

    4.57 miles

  • Belleview

    4.67 miles

  • Nine Mile

    4.78 miles

  • Sinclair

    0.95 miles

  • Kum & Go

    1.07 miles

  • Phillips 66

    1.68 miles

  • Shell

    1.70 miles

  • Waterway Gas

    1.83 miles

  • Shell

    1.84 miles

  • Electrify America

    1.98 miles

  • Mobil

    2.19 miles

  • 7-Eleven

    2.44 miles

  • 7-Eleven

    2.63 miles

  • Courthouse and Detention Center Parking

    0.56 miles

  • Arapahoe County Sheriff Visitor Parking

    0.74 miles

  • Employee and County Vehicles Only

    0.74 miles

  • Disabled

    1.89 miles

  • Dog Off Leash Area

    1.89 miles

  • Equestrian Center

    1.94 miles

  • Parallel Parking

    2.37 miles

  • Cherry Creek Trail

    2.38 miles

  • 12-Mile North

    2.43 miles

  • Dry Creek Park-n-Ride

    2.53 miles

  • Home2 Suites by Hilton Denver South

    1.05 miles

  • Ramada Englewood

    1.12 miles

  • Holiday Inn & Suites Denver Tech Center-Centennial

    1.24 miles

  • Hampton Inn Denver Tech Center South

    1.62 miles

  • Embassy Suites Denver - Tech Center

    1.96 miles

  • Hawthorn Suites

    2.02 miles

  • EVEN Hotel Denver Tech Center-Englewood

    2.25 miles

  • Inverness Hotel

    2.26 miles

  • Quality Inn Tech Center

    2.29 miles

  • Comfort Suites Denver Tech Center

    2.32 miles

  • Wendy's

    0.37 miles

  • Burger King

    0.38 miles

  • Arby's

    0.76 miles

  • Jimmy John's

    0.81 miles

  • Chipotle

    0.97 miles

  • Einstein Bros. Bagels

    0.99 miles

  • Noodles & Company

    1.02 miles

  • The Perfect Landing

    1.12 miles

  • Firehouse Subs

    1.28 miles

  • Chicago Mike's Beef & Dogs

    1.35 miles

  • Cherry Creek Innovation Campus

    1.24 miles

  • Colorado SKIES Academy

    1.57 miles

  • Red Hawk Ridge Elementary School

    1.77 miles

  • Regis Jesuit High School

    1.87 miles

  • Cottonwood Creek Elementary School

    1.97 miles

  • Rocky Vista University

    1.99 miles

  • Parker Performing Arts School

    2.27 miles

  • High Plains Elementary School

    2.33 miles

  • Our Lady of Loreto Catholic School

    2.75 miles

  • Fox Hollow Elementary School

    2.80 miles

  • The Learning Experience

    1.06 miles

  • Children's Learning Adventure

    1.53 miles

  • Cherry Hill Learning Center

    3.19 miles

  • Guidepost Montessori at Aurora

    3.30 miles

  • The Sunshine House

    3.34 miles

  • Primrose School

    3.38 miles

  • The Village Child Development Center

    3.45 miles

  • The Goddard School of Meridian

    3.61 miles

  • Prestige Preschool Academy - Meridian

    3.64 miles

  • Kiddie Academy of PArker

    3.67 miles

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 12 May, 2017
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Centennial

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Centennial Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $24.21
  • 2021 Office Vacancy Rate 11.09%
  • 2021 Office Completions (SF)

Centennial Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $165.96
  • Y-o-Y Avg. PpSF Change 15.54%
  • 2021 Office Sales Volume $203.3M
  • 2021 Number of Transactions 9
View more Centennial market trends

Frequently Asked Questions

What is the total square footage of Centennial Professional Center?

Centennial Professional Center totals 61,804 square feet.

When was this property built?

Centennial Professional Center was built in 1985.

When was Centennial Professional Center last sold?

Centennial Professional Center was last sold on 12 May, 2017.

What is the property tax for Centennial Professional Center?

The property tax for Centennial Professional Center in 2021-2022 was $124,450.

What is the market value for Centennial Professional Center?

The market value* for Centennial Professional Center in 2021-2022 was $3,986,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Tax

  • Property Tax in 2021-2022 $124,450
  • Market Value* $3,986,000
  • Assessed Value $3,986,000

Find more tax info, including assessment history and abatements, on CommercialEdge.

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

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