13111 E Briarwood Ave
Centennial, CO 80112
Arapahoe Medical Center · Medical Property For Lease · 17,551 SF

Arapahoe Medical Center is a 59,359-square-foot medical building located in Centennial, Colorado, an affluent suburb approximately 15 miles southeast of downtown Denver. The three-story Property is currently leased to a mix of established tenants with specialties in primary care, asthma and allergy, neurology, dermatology and physical therapy, among others. Arapahoe Medical Center was originally constructed in 1982 and has recently undergone substantial upgrades. The current owner invested more than $580,000 to modernize the elevators, convert interior and exterior lighting to LED, upgrade the HVAC control system and replace the motor, replace the lobby furniture, mill and pave the parking lot, and install new entrance doors. Additionally, in response to COVID-19, an ionization indoor air purifier was added to the HVAC system to help reduce airborne particles. The Property is ideally situated along a busy thoroughfare between two highways, in an area with strong demographics. Approximately 70,000 cars pass the highly visible medical office building each day. Centennial is a leader in the information, aerospace, finance and professional services sectors providing for high paying jobs. The average household income within a three-mile radius is approximately $138,500 and the average home value is $555,000. Furthermore, 94% of the surrounding population has access to medical care, with 82% insured by private commercial insurance providers. Arapahoe Medical Center is located just 6 miles from Centura Health's Parker Adventist Hospital, a 170-bed short-term acute care facility with an emergency department. The hospital has a Level II trauma center and a specialized NICU to care for high-risk newborns. The area is also served by Sky Ridge Medical Center, a 272-bed acute care hospital, 9 miles from the Property. Within a mile of Arapahoe Medical Center is Centennial Medical Plaza, which includes a 19-bed, full-service emergency room staffed 24/7 by board certified emergency medicine physicians. Some of the tenants at the Property have privileges at Centennial Medical Plaza's ambulatory surgery center.