7208 Tucson WayCentennial, CO 80112

For Sale
$4,250,000

High-Occupancy Medical Office in Centennial, CO

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional 22,424 square foot medical office building, located at 7208 S Tucson Way in Centennial, Colorado (zip code 80112), presents a compelling investment opportunity. The Class B property, built on a 1.38-acre lot, boasts a modified lease structure and multi-tenant occupancy currently at 78%. The building, renovated in 2021, features modern architecture and updated finishes, appealing to a diverse range of medical tenants. The two-story structure includes convenient amenities such as an elevator, shower/locker rooms, and ample surface parking for 67 vehicles. The landscaped grounds enhance the property's curb appeal. The building's zoning is MU-PUD, allowing for flexibility in future use. With stunning front range western views from the second floor, this property offers a desirable location and a strong potential for return on investment. The asking price is $4,250,000, translating to $189.53 per square foot. This presents a rare opportunity for an owner-user or value-add acquisition in the thriving Centennial market. The property's strong occupancy rate and desirable features make it an attractive investment for discerning buyers.

Highlights

  • Ample surface parking: 67 spaces.

Property Details for 7208 Tucson Way

Property type
Other office properties, Medical offices
Square Feet
22,424 SF
Class
B
Year Renovated
2021
Buildings
1
Stories
2
Lot Size (sq. ft)
60,113 SF

Location Insight

City
Centennial
County
Arapahoe
State
Colorado
Latitude
39.5857444
Longitude
-104.8352432
7208 Tucson Way, Centennial, Colorado

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7208 Tucson Way
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