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Investment Highlights

  • A prestigious downtown Denver location with modern amenities and unparalleled access to major business, dining, and transportation hubs.
  • Light & bright modern office space.
  • Naturally illuminated workspace designed to enhance productivity and comfort.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 501-503
  • 4,451 SF
  • Office
  • $1,493,390 CAD ($335.52 CAD/SF)
  • $83,928.52 CAD
Sale Type Investment or Owner User
Cap Rate 5.62%
Sale Conditions 1031 Exchange
Description
Light, bright and modern office space in downtown Denver!  Currently configured into two separate offices one at 2960 sf with six executive offices and one at 1491 sf with four executive offices.  Both have conference rooms, kitchens and reception areas.  Well-situated on the edge of downtown and within walking distance to the 16th Street Mall, the Convention Center and the Capitol.  Building amenities include additional conference rooms, fitness center, and locker rooms.
Sale Notes
Seller would entertain:  (1) sale of the entire floor; (2) sale of one or both separate offices (2960 sf and 1491 sf respectively) at $295/sf; or (3) lease of the separate offices at $20/sf.
Unit Unit Size Condo Use Price NOI
Unit 501-503 4,451 SF Office $1,493,390 CAD ($335.52 CAD/SF) $83,928.52 CAD

Unit 501-503

Unit Size
4,451 SF
Condo Use
Office
Price
$1,493,390 CAD ($335.52 CAD/SF)
NOI
$83,928.52 CAD

Unit 501-503

Unit Size 4,451 SF
Condo Use Office
Price $1,493,390 CAD ($335.52 CAD/SF)
NOI $83,928.52 CAD
Sale Type Investment or Owner User
Cap Rate 5.62%
Sale Conditions 1031 Exchange
Description
Light, bright and modern office space in downtown Denver!&nbsp;&nbsp;Currently configured into two separate offices one at 2960 sf with six executive offices and one at 1491 sf with four executive offices.&nbsp;&nbsp;Both have conference rooms, kitchens and reception areas.&nbsp;&nbsp;Well-situated on the edge of downtown and within walking distance to the 16th Street Mall, the Convention Center and the Capitol.&nbsp;&nbsp;Building amenities include additional conference rooms, fitness center, and locker rooms.</li></ul>
Sale Notes
Seller would entertain:&nbsp;&nbsp;(1) sale of the entire floor; (2) sale of one or both separate offices (2960 sf and 1491 sf respectively) at $295/sf; or (3) lease of the separate offices at $20/sf.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 71,328 SF
Property Type Office (Condo)
Building Class B
Floors 14
Typical Floor Size 4,680 SF
Year Built 1980
Lot Size 0.11 AC
Parking Ratio 0.02/1,000 SF
Zoning D-C - Downtown Core District

Amenities

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Conferencing Facility
  • Fitness Center
  • Property Manager on Site
  • Signage
  • Central Heating
  • Fully Carpeted
  • Natural Light
  • Partitioned Offices
  • Shower Facilities
  • Wi-Fi
  • Air Conditioning
Very walkable
80/100
Very drivable
80/100
Exceptional public transit
90/100
Moderately bikeable
70/100
  • Listing ID: 31624526

  • Date on Market: 2024-04-26

  • Last Updated:

  • Address: 1800 Glenarm Pl, Denver, CO 80202

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