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Multi-Family

Denver Tech Center Redevelopment

6892 S Yosemite Ct, Centennial, CO 80112

Listing Price: $10,500,000

Lot Size
3.75 acres
Price/Acre
$2,800,000
Land Type
Redevelopment

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale 6892 South Yosemite Court, a 3.75- acre (163,350 square feet) piece of land with prominent I-25 frontage in Centennial, Colorado within the boundaries of the Arapahoe Urban District 4 (AUC-4).

6892 S Yosemite Ct is centrally located in the high demand Denver Tech Center (DTC) / Southeast submarket, which boasts high-end demographics with an average household income north of $140,000, dense immediate population, high barriers to entry and strong market fundamentals. The Southeast
submarket has undergone tremendous growth, with over 2,500 units in development or recently completed. Rents have soared by 45% in the last five years, making this one of the strongest rental submarkets in Denver Metro.

6892 S Yosemite Ct is an excellent location within the Southeast submarket, centrally located just south of the East Arapahoe Road off I-25 and conveniently positioned in the center of a broad range of employment and retail options. 6892 S Yosemite Ct is ideally located within the barrage of new hotels, residential buildings, and multi-use complexes. The uniqueness of this offering is further defined by its central location positioned within close proximity to some of the state’s largest planned developments. The District, located just south of the subject property off Dry Creek Road, is a walkable mixed-use community that will include over 2.5 million square feet of office space, a 200-key hotel, 1,800 residential units and over 30,000 square feet of retail on 36 acres. Belleview Station is a mixed-use transit-oriented development at I-25 and Belleview slated to include 1,800 residences with an equal distribution of for-rent and for-purchase options, 300,000-square-feet of walkable shopping and dining, more than 2.2 million-square-feet of intelligent office space, and a hotel.

Investment Highlights

  • Favorable Zoning Overlay - Arapahoe Urban Center District 4 Providing 5-15 Story Building Height
  • Premier Business Corridor with Six Fortune 500 Companies calling the Denver South region home. The corridor claims more office space than any other region on the Front Range – 48 million square feet.
  • Exceptional Demographics - Average HH Income of $131,918 within a 1-Mile Radius of the Subject Property

Exclusively Listed By

Multi-Family

Denver Tech Center Redevelopment

Listing Price: $10,500,000

Lot Size
3.75 acres
Price/Acre
$2,800,000
Land Type
Redevelopment

Investment Highlights

  • Favorable Zoning Overlay - Arapahoe Urban Center District 4 Providing 5-15 Story Building Height
  • Premier Business Corridor with Six Fortune 500 Companies calling the Denver South region home. The corridor claims more office space than any other region on the Front Range – 48 million square feet.
  • Exceptional Demographics - Average HH Income of $131,918 within a 1-Mile Radius of the Subject Property

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale 6892 South Yosemite Court, a 3.75- acre (163,350 square feet) piece of land with prominent I-25 frontage in Centennial, Colorado within the boundaries of the Arapahoe Urban District 4 (AUC-4). 6892 S Yosemite Ct is centrally located in the high demand Denver Tech Center (DTC) / Southeast submarket, which boasts high-end demographics with an average household income north of $140,000, dense immediate population, high barriers to entry and strong market fundamentals. The Southeast submarket has undergone tremendous growth, with over 2,500 units in development or recently completed. Rents have soared by 45% in the last five years, making this one of the strongest rental submarkets in Denver Metro. 6892 S Yosemite Ct is an excellent location within the Southeast submarket, centrally located just south of the East Arapahoe Road off I-25 and conveniently positioned in the center of a broad range of employment and retail options. 6892 S Yosemite Ct is ideally located within the barrage of new hotels, residential buildings, and multi-use complexes. The uniqueness of this offering is further defined by its central location positioned within close proximity to some of the state’s largest planned developments. The District, located just south of the subject property off Dry Creek Road, is a walkable mixed-use community that will include over 2.5 million square feet of office space, a 200-key hotel, 1,800 residential units and over 30,000 square feet of retail on 36 acres. Belleview Station is a mixed-use transit-oriented development at I-25 and Belleview slated to include 1,800 residences with an equal distribution of for-rent and for-purchase options, 300,000-square-feet of walkable shopping and dining, more than 2.2 million-square-feet of intelligent office space, and a hotel.

Exclusively Listed By

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