Highlands Ranch Commerce Center, located at 9150 Commerce Center Circle, represents a high-quality industrial/flex building spanning 42,240 square feet in Denver’s dynamic Southwest Industrial Submarket. The encompassing area of Highlands Ranch is widely characterized by strong demographics, ample employee and executive housing, nearby area amenities and convenient access to Metro Denver from the heavily trafficked thoroughfares of Santa Fe Drive and E-470.
Constructed in 1999, Highlands Ranch Commerce Center remains one of the highest image projects of its type in Metro Denver featuring 16’ clear, ideal office/warehouse finishes, ample parking and grade level loading. The property is currently 100% leased to five (5) tenants across varying industries boasting over 10 years of tenant tenure. Additionally, the in-place NNN rents are estimated to be 6% below market with 3.51 years of WALT.
Excellent Submarket Fundamentals
Located in the Southwest Submarket of Denver, the encompassing area continues to record low vacancy of 2.1% compared to Metro Denver at 6.6% for flex product
Discount to Replacement Cost
The project is estimated to trade well below replacement cost of $344/SF and stands to benefit from the ideally configured bay sizes that do not compete with the new construction being developed across the submarket
Diversified Rent Roll with Long Standing Historic Occupancy
The current tenant mix has contributed to the strong historical cash flow with an average tenant tenure of 10.3 years
Proximity and Access to
9150 Commerce Center Circle is situated along the Santa Fe corridor and is less than 2 miles away from the C-470 interchange – two of Denver’s primary thoroughfares connecting Metro Denver
Functional Units with Varying Bay Sizes Drawing from Large Tenant Pool
The flexible unit sizes across the rent roll range from 5,760 to 14,400 square feet, which continue to accommodate many South Denver requirements with varying office finishes, 12’ x 14’ drive-in loading and ample parking
Outstanding Demographic Profile
Within a 30-minute drive time, there is a total population of 1,694,593 people with an average household income of $117,671 throughout the affluent housing communities
Highlands Ranch Commerce Center
9150 Commerce Center Circle