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7442 S Tucson WayEnglewood, CO 80112
Centennial Technology Center
Asset ClassOffice, Industrial
overview of deal

Overview

As exclusive advisor, JLL is pleased to present Centennial Technology Center (CTC, or the “Property”),  a 95% leased, two-building small bay asset located in Centennial, Colorado. Constructed in 2000 with 11 loading docks, 11 drive ins, and 14’ clear heights, the Property appeals to a wide range of tenants in  a strategic location within Denver. With 2.6 years of WALT, Centennial Technology Center offers a  significant mark to market opportunity in a submarket that has limited comparable supply.  Sitting in the heart of Centennial’s burgeoning industrial market, the Property represents a unique  opportunity to acquire a highly-sought-after asset type at a discount to current construction cost,  while benefiting from stable, near-term cash flow and significant upside in marking current in-place  rent to market.

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Investment Highlights

  • HIGHLY FUNCTIONAL SMALL-BAY CLASS A FLEX PROJECT
  • STICKY LONG-TENURED TENANCY
  • ROBUST TENANT DEMAND
  • RENTAL RATE GROWTH & BELOW MARKET RENTS
  • SUPPLY-CONSTRAINED SUBMARKET
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7442 S Tucson WayEnglewood, CO 80112

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Listing provided by Revere CRE