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
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