Property Attributes
- MLS#8316507
- TypeCommercial
- Listing Status Active
- CountyARAPAHOE
- CityCentennial
- Zip80122
- StyleContemporary
- Year Built1982
- Taxes$ 24743
- Price$ 1,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5798
- Lot Size0.06 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Premier Luxe Property Group, LLC is please to exclusively offer this Commercial Office Investment Opportunity at 3969 E Arapahoe Rd, Centennial, CO 80122. The office building is 5,798 s.f. on three levels above grade and has a 1,398 s.f. unfinished basement. The building is situated on a 2,737 s.f. lot just one half block south of Arapahoe Rd. The building is currently owned by Ridgeline Development, LLC. At the present time 10 of the 12 office suites are rented on primarily 1 year leases. The tenants pay gross rents and landlord pays for building expenses including utilities, internet, janitorial, and phone. Potential value add for the property is turning the basement space into storage for rent.
| Price History | |
|---|---|
| 11/14/2025 | Listed $1,250,000 |
| 6/3/2026 | 12$1,100,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected |
| Possession | Closing/DOD |
| Roof | Composition |
| Zoning | BP-35 |
| Architectural Style | Contemporary |
| Security Features | Fire Alarm,Key Card Entry |
| Construction Materials | Brick |
| Exclusions | Seller's and Tenant's Personal Property |
| Year Built | 1982 |
| Electric | 110V |
| Stories Count | 3 |
| Property Subtype | Office |
| Tax Year | 2024 |
| Current Use | Commercial,Office |
| Gross Income | 124014 |
| Building Name | Strawberry Business Park |
| County | Arapahoe |
| Operating Expense | 74282 |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Building Features | Common Area Boardroom |
| Status | Active |
| Directions | Arapahoe Rd to Colorado Blvd,turn north and property is on left. Building 3969 |
| City | Centennial |
| Number Of Units Total | 12 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 2737 |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 24743 |
| NumberOfUnitsVacant | 2 |
| Leasable Area | 3543 |
| Lease Considered Y/N | No |
| Structure Type | Low Rise (1-3) |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Cap Rate | 4.96 |
Exterior Features
| Parking Features | Asphalt |
|---|---|
| Lot Features | Landscaped |
| Water Source | Public |
| Total Parking | 7 |
| Lot Size Area | 2737 |
| Building Area Total | 5798 |
| Lot Size Acres | 0.06 |
| Road Surface Type | Paved |
| Road Frontage Type | Public |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO©. Real estate listings held by brokers other than Luxe Haven Realty LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. September 26, 2026 8:08 PM UTCd