Park Centre Commons — Sale in Denver, CO

  • Price: $29
  • Listing type: For sale
  • Asset type: Office
  • Location: Denver, CO
  • Size: 98,291 SF
  • Year built: 1985

Photos

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Description

JLL Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in Park Centre Commons, a 98,291 SF, two-building office portfolio in Denver's North I-25 submarket. Located less than a half mile from I-25 and on the northeast corner of 120th Avenue and Pecos Street in Westminster, Colorado, Park Centre Commons has maintained exceptional occupancy under current ownership's 30 years of operating the asset. This strong historical performance is due to its high visibility, the lack of office supply within a five-mile radius, and the explosive growth in the surrounding communities. Park Centre Commons is currently 93.5% leased with 2.7 years of weighted average lease term remaining. Park Centre Commons caters to small and mid-sized tenants with easily demisable 16,000 SF on average floor plates and center core. The average tenant size in the building is 3,644 SF. It's sawtooth design and expanded window lines allow for strategic perimeter office space plans. Park Centre Commons also offers prominent eyebrow and monument signage to over 41,000 vehicles per day. Sitting on two individual parcels totaling 6 acres, Park Centre Commons has a peaceful outdoor seating area accented by a fountain and mature landscaping. The well-traveled 120th Avenue corridor that connects I-25 to Highway 36 (Boulder Turnpike) is loaded with restaurants, hotels, and other retail amenities that serve the park's tenants and nearby large scale corporate and government users. At Park Centre Commons tenancy includes engineering, financial services, real estate, and health care. Park Centre Commons represents a unique opportunity to capture immediate cash flow with the opportunity to increase in place rents in a highly constrained north Denver suburb.

Market Context

This office in Denver, CO is listed for sale at $29 across 98,291 SF. The building dates to 1985. Compare it against other office listings for sale in Denver, CO — view the full market.

As of Q1 2026, the Denver office market showed a 27.1% vacancy rate, average asking rents near $34.13/SF/yr, and rents up 0.7% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

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Is the Denver office market tightening or softening?
Vacancy is around 27.1%, with asking rents rising year over year (Q1 2026).

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