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7200 Alton Way

NexGen Properties Group Acquires Office Campus In Centennial From Graham Street Realty For $10.6M
SOLDOffice

NexGen Properties Group Acquires Office Campus In Centennial From Graham Street Realty For $10.6M

7200 Alton Way

$10,600,000

$81/SF

Building Size

130,000 SF

Asset Type

Office

Closing

Sep 12, 2025

AI

The office asset located at 7200 Alton Way in Centennial, CO, was sold for $10,600,000. This property encompasses 130,000 square feet and includes a three-building campus currently 90% leased. The price per square foot for this transaction stands at $82.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $10,600,000
  • Square Footage: 130,000
  • Address: 7200 Alton Way
  • Market: Centennial, CO
  • Buyer: NexGen Properties Group
  • Seller: Graham Street Realty
  • Brokers: Nate Bradley, Ryan Stout & Zach Williams - Cushman & Wakefield

The deal involved NexGen Properties Group acquiring the property from Graham Street Realty. Cushman & Wakefield facilitated the sale, with Nate Bradley, Ryan Stout, and Zach Williams representing the seller in the transaction. NexGen Properties plans to implement further upgrades to the office campus post-acquisition.

Players

Zach Williams

Cushman & Wakefield

Broker

$10.6M

vol

1 deal

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

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

1.50%

Cash-on-Cash

-0.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93