Centennial Promenade - IKEA

Off-Market

9800 East Ikea Way, Centennial, CO 80112

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  • Property Type Retail - Power Center
  • Property Size 286,933 SF
  • Lot Size 13.65 Acre
  • Property Tenancy Owner Occupied
  • Year Built 2011

Contacts

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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 Price
  • Arm's Length True
  • Buyer Name

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.

  • 2022 Avg. Asking Rent $22.35
  • 2022 Office Vacancy Rate 12.88%
  • 2022 Office Completions (SF)

Centennial Office Sales Trends

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

  • 2022 Avg. Price per SF $259.16
  • 2022 Office Sales Volume $176M
  • 2022 Number of Transactions 8
View more Centennial market trends

Location

Getting Around

  • Walk Score ®

    31/100 Car-Dependent
  • Transit Score ®

    40/100 Some Transit
  • Bike Score ®

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

Points of Interest

  • Dry Creek

    0.49 miles

  • County Line

    0.72 miles

  • Lincoln

    1.82 miles

  • Arapahoe at Village Center

    2.08 miles

  • Sky Ridge

    2.77 miles

  • Orchard

    3.09 miles

  • Lone Tree City Center

    3.13 miles

  • RidgeGate Parkway

    3.59 miles

  • Belleview

    4.15 miles

  • Dayton

    4.91 miles

  • Tesla Supercharger

    0.36 miles

  • 7-Eleven

    0.70 miles

  • Conoco

    0.90 miles

  • Costco Gasoline

    0.91 miles

  • Conoco

    1.48 miles

  • Sam's Club

    1.59 miles

  • Shell

    1.60 miles

  • Conoco

    1.66 miles

  • Diamond Shamrock

    1.69 miles

  • 7-Eleven

    1.84 miles

  • Dry Creek Park-n-Ride

    0.57 miles

  • County Line Park-n-Ride

    0.71 miles

  • Willow 1 Pool parking

    1.21 miles

  • Lincoln Station Park-n-Ride

    1.77 miles

  • Employee and County Vehicles Only

    2.00 miles

  • Arapahoe County Sheriff Visitor Parking

    2.05 miles

  • Arapahoe at Village Center Garage

    2.14 miles

  • Arapahoe Village Center Park-n-Ride

    2.17 miles

  • Parking Garage

    2.25 miles

  • Courthouse and Detention Center Parking

    2.46 miles

  • J. Alexander's

    0.23 miles

  • Rock Bottom Brewery

    0.29 miles

  • Sonoda's

    0.29 miles

  • Genghis Grill

    0.32 miles

  • Wahoo's Fish Taco

    0.32 miles

  • Firehouse Subs

    0.33 miles

  • Jason's Deli

    0.33 miles

  • Garbanzo Mediterranean Grill

    0.40 miles

  • MOD Pizza

    0.41 miles

  • Tokyo Joe's

    0.41 miles

  • Ross

    0.22 miles

  • JCPenney

    0.55 miles

  • Dillard's

    0.57 miles

  • Park Meadows Mall

    0.64 miles

  • Amazon Store

    0.68 miles

  • Macy's

    0.72 miles

  • Nordstrom

    0.75 miles

  • Marshalls

    0.95 miles

  • Walmart Supercenter

    1.48 miles

  • Target

    1.50 miles

Frequently Asked Questions

What is the total square footage of Centennial Promenade - IKEA?

Centennial Promenade - IKEA totals 286,933 square feet.

When was this property built?

Centennial Promenade - IKEA was built in 2011.

What is the property tax for Centennial Promenade - IKEA?

The property tax for Centennial Promenade - IKEA in 2022-2023 was $1,427,352.

What is the market value for Centennial Promenade - IKEA?

The market value* for Centennial Promenade - IKEA in 2022-2023 was $51,500,000.

*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.

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