Park Arapahoe - 5161 East Arapahoe Road

Off-Market

5161 East Arapahoe Road, Centennial, CO 80122

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 66,264 SF
  • Lot Size 4 Acre
  • Parking Spaces Avail. 198
  • Parking Ratio 3.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1985

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 Jan, 1989
  • 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 ®

    69/100 Somewhat Walkable
  • Transit Score ®

    22/100 Minimal Transit
  • Bike Score ®

    58/100 Bikeable
Powered by Walk Score ®
  • City Centennial, CO
  • Neighborhood Heritage Village
  • Zip Code 80122
  • Market Denver

Points of Interest

  • Orchard

    1.98 miles

  • Arapahoe at Village Center

    2.05 miles

  • Belleview

    2.40 miles

  • Dry Creek

    2.97 miles

  • Southmoor

    3.58 miles

  • County Line

    3.82 miles

  • Dayton

    4.09 miles

  • Lincoln

    4.69 miles

  • Littleton Downtown

    4.80 miles

  • Yale

    4.93 miles

  • Circle K

    0.14 miles

  • Loaf 'N Jug

    0.78 miles

  • Shell

    1.29 miles

  • Valero

    1.52 miles

  • Shell

    1.72 miles

  • Shell

    1.76 miles

  • Shell

    1.97 miles

  • Conoco

    2.09 miles

  • King Soopers

    2.10 miles

  • Shell

    2.15 miles

  • Orchard Station Park & Ride

    1.96 miles

  • Colorado Athletic Club

    2.08 miles

  • Arapahoe Village Center Park-n-Ride

    2.11 miles

  • 2-hour limit & handicapped

    2.11 miles

  • Parking Garage

    2.12 miles

  • Willow 1 Pool parking

    2.13 miles

  • Great-West Financial Center

    2.14 miles

  • 2-hour limit

    2.14 miles

  • The Quadrant

    2.15 miles

  • Arapahoe at Village Center Garage

    2.17 miles

  • SpringHill Suites by Marriott Denver Tech Center

    1.60 miles

  • Wingate By Wyndham

    1.66 miles

  • Doubletree Hotel

    1.80 miles

  • Residence Inn

    2.00 miles

  • Residence Inn by Marriott Denver Tech Center

    2.00 miles

  • Extended Stay America

    2.11 miles

  • La Quinta by Wyndham Denver Englewood Tech Center

    2.27 miles

  • Motel 6 Greenwood Village, CO - Denver - South Tech Center

    2.35 miles

  • Best Western Plus at Denver Tech Center

    2.39 miles

  • Fairfield Inn & Suites by Marriott Denver Tech Center North

    2.40 miles

  • Village Inn

    0.18 miles

  • Liks Ice Cream

    0.20 miles

  • Panera Bread

    0.80 miles

  • Rice Bistro

    0.84 miles

  • Venice Restaurant

    0.86 miles

  • Parry's Pizzeria & Bar

    0.87 miles

  • Abo's Pizza

    1.30 miles

  • Qdoba

    1.31 miles

  • Hyderabad House

    1.39 miles

  • H&G Asian Cafe

    1.53 miles

  • Lois Lenski Elementary School

    0.34 miles

  • Newton Middle School

    0.63 miles

  • Heritage Elementary School

    0.87 miles

  • Dr. Justina Ford Elementary

    1.02 miles

  • Greenwood Elementary School

    1.32 miles

  • Homestead Elementary School

    1.39 miles

  • Peabody Elementary School

    1.41 miles

  • Sandburg Elementary School

    1.54 miles

  • Walnut Hills Community Elementary School

    1.71 miles

  • West Middle School

    1.79 miles

  • Primrose School

    2.19 miles

  • Bright Horizons Montessori at the Marina

    2.65 miles

  • The Village Child Development Center

    3.12 miles

  • Sheri Calfee Day Care

    3.13 miles

  • La Petite Academy

    3.36 miles

  • Children's Learning Adventure

    3.56 miles

  • Tiffany's Daycare

    3.67 miles

  • Temple Sinai Preschool

    3.79 miles

  • Bethany Early Childhood Center

    3.80 miles

  • Highlands Ranch Learning Center

    3.82 miles

Frequently Asked Questions

What is the total square footage of Park Arapahoe - 5161 East Arapahoe Road?

Park Arapahoe - 5161 East Arapahoe Road totals 66,264 square feet.

When was this property built?

Park Arapahoe - 5161 East Arapahoe Road was built in 1985.

When was Park Arapahoe - 5161 East Arapahoe Road last sold?

Park Arapahoe - 5161 East Arapahoe Road was last sold on 23 Jan, 1989.

What is the property tax for Park Arapahoe - 5161 East Arapahoe Road?

The property tax for Park Arapahoe - 5161 East Arapahoe Road in 2022-2023 was $130,690.

What is the market value for Park Arapahoe - 5161 East Arapahoe Road?

The market value* for Park Arapahoe - 5161 East Arapahoe Road in 2022-2023 was $3,918,000.

*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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