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Centennial, CO High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Centennial, Colorado Market population: 103K. Explore income-producing properties with verified cap rates and operating...

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📊 Average Cap Rate For Centennial CO Properties: 5.7%

⭐ Featured

Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF

📊 Avg Property Tax Rate For Centennial CO Properties: 55.0000%

⭐ Featured

New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF

Investor Questions For Centennial CO

Common questions from investors exploring commercial real estate in Centennial CO.

What makes Centennial, CO an attractive market for real estate investment? +
The combination of a relatively low poverty rate of 3.9%, high health insurance coverage of 95.2%, and a strong median household income of $89,214 suggests a stable and attractive market for real estate investment, with a diverse economy driven by top industries like Agriculture, Forestry, Fishing & Hunting, & Mining, and Professional, Scientific, & Management, & Administrative & Waste Management Services.
How does the demographic diversity of Centennial impact its real estate market? +
The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic, combined with a foreign born rate of 7.3%, indicates a potentially robust demand for housing, driven by a mix of established and new residents, and supported by a high homeownership rate of 82.2% and a median property value of $287,500.
What are the key factors influencing the quality of life for residents and tenants in Centennial? +
The average commute time of 25.5 minutes, with top commute methods including driving alone, working from home, and carpooling, along with a high health insurance coverage rate of 95.2%, suggests a high quality of life, which can contribute to a stable and attractive rental market, especially considering the city's low poverty rate of 3.9% and high median household income of $89,214.
How does the economic profile of Centennial, CO impact its potential for real estate investment? +
The city's economy, driven by industries such as Agriculture, Forestry, Fishing & Hunting, & Mining, and Professional, Scientific, & Management, & Administrative & Waste Management Services, with a median household income of $89,214 and an employed population of 53,657, indicates a strong and diverse economic base, which can support a healthy real estate market, especially when combined with a relatively low poverty rate of 3.9% and a high health insurance coverage rate of 95.2%.
What insights can be gained from the combination of housing market and demographic data in Centennial? +
The combination of a high median property value of $287,500, a median property tax of $31,636, and a homeownership rate of 82.2%, with demographic data such as a median age of 41.1 and a diverse population, suggests a mature and stable housing market, with potential for long-term appreciation and rental income, especially considering the city's strong economy and high quality of life, as indicated by factors like the average commute time and health insurance coverage rate.

Centennial CO Real Estate & City Facts

Key facts and real estate information about Centennial CO.

What are some of the best neighborhoods to live in Centennial? +
Some of the best neighborhoods to live in Centennial, CO, include Willow Creek, Highlands 460, Southglenn, Piney Creek, Foxridge, Homestead, Chenango, Smoky Hill, and some luxury neighborhoods. Each neighborhood has its own unique character and amenities, so it's worth doing some research to find the one that best fits your needs and lifestyle.
What are some fun things to do in Centennial? +
There are plenty of fun things to do in Centennial, CO, including visiting the Denver Colorado Temple, Centennial Center Park, Snöbahn, Resolute Brewing Company, and exploring the Streets at SouthGlenn. You can also enjoy outdoor activities like hiking, biking, and skiing in the nearby mountains.
What is the food scene like in Centennial? +
The food scene in Centennial, CO, is diverse and exciting, with a range of restaurants serving everything from Italian and Japanese cuisine to Peruvian and American comfort food. Some popular restaurants include Cranelli's Italian Restaurant, Savina's, Four Friends Kitchen, Work & Class, Angelo's Taverna, Doug's Day Diner, Three Little Griddles, Big Bill's New York Pizza, Sukiya Ramen, and Pollo Lima. There are also plenty of great food trucks and cafes to explore.
What are the pros and cons of living in Centennial? +
The pros of living in Centennial, CO, include its excellent schools, low crime rate, and plenty of outdoor recreational opportunities. However, some cons include the high cost of living, traffic congestion, and limited public transportation options. Overall, Centennial is a great place to live for families and individuals who value a safe, welcoming community with plenty of amenities.
Is Centennial a good place to live? +
Yes, Centennial, CO, is a great place to live, offering a unique blend of small-town charm and big-city amenities. With its excellent schools, low crime rate, and plenty of outdoor recreational opportunities, Centennial is an ideal choice for families and individuals who value a safe, welcoming community. While it may have some drawbacks, such as high cost of living and traffic congestion, the pros definitely outweigh the cons, making Centennial a fantastic place to call home.

📊 Average Income For Centennial CO Commercial Property: $89,214

⭐ Featured

New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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