Burgeon Properties Denver LLC Acquires Office Building In Centennial For $1.7M With Paul's Representation
4901 East Dry Creek Road
$1,700,000
$87/SF
Building Size
19,409 SF
Asset Type
Office
Closing
Oct 1, 2025
AI
An office building located at 4901 East Dry Creek Road in Centennial, CO, was sold for $1,700,000. The property encompasses 19,409 square feet on a 0.76-acre lot and was built in 1979. At the time of sale, the building was 80% leased.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,700,000
- Address: 4901 East Dry Creek Road
- Market: Centennial, CO
- Square Footage: 19,409 SF
- Price per Square Foot: $88
- Buyer: Burgeon Properties Denver LLC
- Broker: Paul Cattin - Platinum CRE
Paul Cattin from Platinum Commercial acted as the broker representing the seller in this transaction, facilitating the sale of the office building to Burgeon Properties Denver LLC.
Players
Centennial Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93