Rare, Small Office Building Sells in Centennial
NavPoint Real Estate Group has completed the sale of Southgate Commons Building A, a rare, small office building located at 7076 S Alton Way. Situated between Arapahoe Road and Dry Creek Road the building has easy access to I-25 and close proximity to a myriad of restaurants and retail businesses.
Matt Kulbe of NavPoint Real Estate Group represented the seller, SPL Capital, LLC, in this transaction. The buyers, Ronald and Sherene Smith, were represented by Eric Gold of Sheldon-Gold Realty Inc. This transaction successfully closed in November 2019.
Built in 1979, this space was recently renovated with upgraded finishes making the space a great owner/user opportunity. The space consists of 4,680 square feet with one hundred percent office finish, and current furnishings included in the sale.
“Southgate Commons continues to be a highly desirable location for many buyers as it’s so close to I-25 and so many great restaurant and entertainment amenities.” said Matt Kulbe of NavPoint Real Estate Group. “Over the last 18 months, six of the buildings in the park have traded after very little time on the market, proving how difficult it is to find smaller office/flex buildings in the current market.”
Photo courtesy of NavPoint