The offering is a recently renovated (2019) 35,514 RSF multi-tenant office building. This 3-story building sits on an expansive 1.4 AC site in the Dove Valley neighborhood of Centennial, one of Denver Metros most sought-after suburban office corridors. With neighboring institutions such as the Denver Broncos Headquarters & Training Facility, the Arapahoe County Courthouse & Governmental Offices, Centennial Airport, and Boom Supersonic to name a few. This property is well positioned for continued growth and long-term success. Cobblestone Plaza is currently over 89% occupied by a multitude of tenants ranging from Insurance providers to Technology Companies and Construction Management. These tenants have an array of suite sizes and lease terms, creating a diversified investment able to capitalize on changing market dynamics. The average suite size is a little over 1,900 SF which creates a nimble, easier to fill unit size. Many of the suites have been upgraded with new entrances, flooring, cabinets, appliances, and sealed concrete flooring. The plaza provides both covered and uncovered parking creating an additional income stream for those snowy Colorado winters. Many of the country’s top economic outlooks show suburban office recovering far quicker than downtowns – providing an investor the ideal opportunity to enter this ever-expanding office submarket that has stood the test of time.
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