Millennium Center

Off-Market

6825 South Galena 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 52,249 SF
  • Lot Size 5.4 Acre
  • Parking Spaces Avail. 156
  • Parking Ratio 3.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1996

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 Date 23 Feb, 2017
  • 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.

  • 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

Location

Getting Around

  • Walk Score ®

    43/100 Car-Dependent
  • Transit Score ®

    29/100 Some Transit
  • Bike Score ®

    41/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Centennial, CO
  • Neighborhood Peakview
  • Zip Code 80112
  • Market Denver

Points of Interest

  • Dry Creek

    0.98 miles

  • Arapahoe at Village Center

    1.10 miles

  • Orchard

    2.00 miles

  • County Line

    2.11 miles

  • Belleview

    3.03 miles

  • Lincoln

    3.20 miles

  • Dayton

    3.53 miles

  • Sky Ridge

    4.16 miles

  • Lone Tree City Center

    4.49 miles

  • Southmoor

    4.59 miles

  • Shell

    0.27 miles

  • 7-Eleven

    0.53 miles

  • Conoco

    0.67 miles

  • 7-Eleven

    0.93 miles

  • Kum & Go

    1.10 miles

  • Conoco

    1.11 miles

  • Sinclair

    1.19 miles

  • Valero

    1.49 miles

  • Shell

    1.72 miles

  • Tesla Supercharger

    1.77 miles

  • Dry Creek Park-n-Ride

    0.95 miles

  • Arapahoe at Village Center Garage

    1.06 miles

  • Arapahoe Village Center Park-n-Ride

    1.12 miles

  • Parking Garage

    1.17 miles

  • Great-West Financial Center

    1.67 miles

  • 5800 Great-West Financial Center

    1.67 miles

  • Willow 1 Pool parking

    1.72 miles

  • Employee and County Vehicles Only

    1.91 miles

  • Arapahoe County Sheriff Visitor Parking

    1.97 miles

  • Orchard Station Park & Ride

    2.00 miles

  • Hawthorn Suites

    0.09 miles

  • Embassy Suites Denver - Tech Center

    0.11 miles

  • Hyatt House Denver Tech Center

    0.49 miles

  • Extended Stay America - Denver - Tech Center South

    0.51 miles

  • Hampton Inn Denver Tech Center South

    0.51 miles

  • La Quinta Inn & Suites Denver Englewood Tech Center

    0.54 miles

  • Sheraton Denver Tech Center Hotel

    0.54 miles

  • Staybridge Suites Denver Tech Center

    0.57 miles

  • Quality Inn Tech Center

    0.57 miles

  • Extended Stay America

    0.59 miles

  • Culver's

    0.23 miles

  • McDonald's

    0.29 miles

  • Pizza Hut

    0.30 miles

  • Paradise Biryani Pointe

    0.37 miles

  • Schlotzsky's

    0.41 miles

  • Sahara

    0.41 miles

  • Surena Restaurant

    0.41 miles

  • Pollo Lima

    0.42 miles

  • Yolanda's Tacos II

    0.42 miles

  • Pho Saigon

    0.44 miles

  • High Plains Elementary School

    0.94 miles

  • Cottonwood Creek Elementary School

    1.30 miles

  • Walnut Hills Community Elementary School

    1.37 miles

  • Willow Creek Elementary School

    1.58 miles

  • Metropolitan State University Of Denver - South Campus

    2.09 miles

  • Heritage Elementary School

    2.14 miles

  • Richard E Rudolph Shalom Hebrew School

    2.18 miles

  • Homestead Elementary School

    2.21 miles

  • Saint Thomas More Catholic School

    2.43 miles

  • American Academy Charter School

    2.45 miles

  • Children's Learning Adventure

    0.57 miles

  • The Learning Experience

    1.32 miles

  • Primrose School

    1.61 miles

  • The Village Child Development Center

    2.22 miles

  • Bright Horizons Montessori at the Marina

    2.62 miles

  • Sheri Calfee Day Care

    2.78 miles

  • Primrose School

    2.91 miles

  • La Petite Academy

    2.92 miles

  • Englewood Knowledge Beginnings

    3.87 miles

  • The Goddard School of Meridian

    4.08 miles

Frequently Asked Questions

What is the total square footage of Millennium Center?

Millennium Center totals 52,249 square feet.

When was this property built?

Millennium Center was built in 1996.

When was Millennium Center last sold?

Millennium Center was last sold on 23 Feb, 2017.

What is the property tax for Millennium Center?

The property tax for Millennium Center in 2022-2023 was $166,907.

What is the market value for Millennium Center?

The market value* for Millennium Center in 2022-2023 was $6,485,000.
*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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