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Investment Highlights

  • Lender-Facilitated REO Sale
  • Approved Site Development Plan Valid Through 2030 (Apartment Conversion)
  • Unrivaled Location on Denver's Iconic 16th Street
  • Turnkey Office Floors with Multi-Tenant Potential
  • Flexible Investment Strategy Enabled by Complete Vacancy
  • Competitive Municipally-Provided Financing and Historic Tax Credits Available

Executive Summary

Kenai Capital Advisors (“Kenai”), acting as exclusive advisor to the Seller, is pleased to present the opportunity to acquire 820 16th Street (“The George”), a distinguished
98,577 square-foot, 8-story historic office building situated on 0.29 acres in the heart of Denver’s iconic 16th Street at the gateway of the resurgent LoDo neighborhood.
Originally constructed in 1906, and known by its older moniker the Symes Building, The George preserves its celebrated historic exterior façade while delivering the benefits of a complete vacancy giving future ownership unparalleled flexibility to re-tenant, reposition, or creatively redevelop the asset.
The George is prominently situated along 16th Street, Denver’s premier pedestrian corridor, which just concluded a $177.4 million reconstruction and rebranding while the Denver Downtown Development Authority (DDDA) has committed to an additional $570 million to fund the economic recovery of Downtown Denver. The superior location offers unrivaled connectivity to Downtown Denver’s labor pool, public transportation network, and vibrant retail, dining, and cultural amenities. With complete vacancy providing a true blank canvas, the property offers repositioning optionality at a compelling basis. For investors seeking a historically significant, well-located asset with the runway to execute a creative office or adaptive reuse strategy in one of Denver’s most dynamic and high-foot-traffic urban corridors, 820 16th Street represents an exceptional and rare opportunity.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Distress Sale
Property Type
Office
Building Size
98,577 SF
Building Class
B
Year Built/Renovated
1960/2020
Percent Leased
34%
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
12,322 SF
Slab To Slab
12’
Building FAR
7.80
Lot Size
0.29 AC
Zoning
D-TD - D-TD,UO-1

Amenities

  • Controlled Access
  • Conferencing Facility
  • Restaurant
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

En 1927, 7-Eleven a montré au monde entier à quel point les achats pouvaient être pratiques — et ils le font tous les jours depuis. Aujourd'hui, 7-Eleven est une marque mondiale comptant plus de magasins que tout autre détaillant au monde. 7-Eleven, Inc. exploite maintenant une solide famille de bannières et de marques, dont des magasins Speedway®, Stripes®, Laredo Taco Company® et Raise the Roost® Chicken and Biscuits partout aux États-Unis. La marque a également une histoire de premières : café dans des tasses à emmener, 24 heures sur 24 et 7 jours sur 7 et fontaines à soda en libre-service, pour n'en nommer que quelques-uns. Sans oublier les produits emblématiques — comme les boissons Slurpee® et Big Gulp® — qui font désormais partie de la culture américaine. En tant que plus grand détaillant de proximité au monde, 7-Eleven a également contribué à la création du modèle de franchise et est maintenant régulièrement classé parmi les 10 meilleurs franchiseurs — un véritable témoignage de leur esprit d'entreprise. Bien qu'ils aient connu une croissance importante au fil des ans, ils restent concentrés sur l'innovation pour répondre aux besoins des clients.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -

Qu'il s'agisse d'un magasin, d'un restaurant, d'un gymnase ou d'un fournisseur de services local à l'échelle de l'entreprise, il y a deux éléments du marketing des franchises qui doivent toujours être mesurés : premièrement, les chiffres et les données qui donnent un aperçu de la façon dont les clients trouvent des entreprises locales en ligne et comment ils décident où dépenser leur argent durement gagné. Ensuite, il y a l'élément humain, l'histoire derrière chaque propriétaire de franchise, les risques qu'ils ont pris, les objectifs qu'ils se sont fixés et le travail qui se fait jour après jour pour bâtir une entreprise prospère. Depuis le début de son parcours en 1999, Location3 a adopté l'approche dont même les marques les plus reconnues au monde ont besoin pour soutenir leurs franchises et leurs emplacements commerciaux à l'échelle locale, en utilisant des stratégies intelligentes et des exécutions tactiques qui aident les propriétaires et les gestionnaires à surmonter les défis, tout en reconnaissant et en exploitant les opportunités de croissance d'un magasin à l'autre et d'un trimestre à l'autre.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Professional, Scientific, and Technical Services - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 2nd Fl-Ste 200
  • 12,001 SF
  • Office
  • Shell Space
  • Now

Full floor white box ready for TIs.

  • 4th Fl-Ste 400
  • 3,567 SF
  • Office
  • Spec Suite
  • Now

Brand new spec suite now complete!

  • 4th Fl-Ste 430
  • 1,284 SF
  • Office
  • Spec Suite
  • Now

Brand new spec suite now complete!

  • 4th Fl-Ste 440
  • 1,054 SF
  • Office
  • Partial Build-Out
  • Now

3 offices, workroom, and reception.

  • 4th Fl-Ste 450
  • 2,432 SF
  • Office
  • Full Build-Out
  • Now
  • 5th Fl-Ste 500
  • 11,276 SF
  • Office
  • Full Build-Out
  • Now
  • 6th Fl-Ste 600
  • 3,826 SF
  • Office
  • Full Build-Out
  • Now
  • 6th Fl-Ste 601
  • 3,735 SF
  • Office
  • Full Build-Out
  • Now
  • 6th Fl-Ste 605
  • 3,089 SF
  • Office
  • Spec Suite
  • Now

Brand new spec suite now complete!

  • 7th Fl-Ste 700
  • 10,594 SF
  • Office
  • Full Build-Out
  • Now

Full floor opportunity!

  • 8th Fl-Ste 800
  • 10,865 SF
  • Office
  • Shell Space
  • Now

Full floor white box ready for TI.

Space Size Space Use Build-Out Available
2nd Fl-Ste 200 12,001 SF Office Shell Space Now
4th Fl-Ste 400 3,567 SF Office Spec Suite Now
4th Fl-Ste 430 1,284 SF Office Spec Suite Now
4th Fl-Ste 440 1,054 SF Office Partial Build-Out Now
4th Fl-Ste 450 2,432 SF Office Full Build-Out Now
5th Fl-Ste 500 11,276 SF Office Full Build-Out Now
6th Fl-Ste 600 3,826 SF Office Full Build-Out Now
6th Fl-Ste 601 3,735 SF Office Full Build-Out Now
6th Fl-Ste 605 3,089 SF Office Spec Suite Now
7th Fl-Ste 700 10,594 SF Office Full Build-Out Now
8th Fl-Ste 800 10,865 SF Office Shell Space Now

2nd Fl-Ste 200

Size
12,001 SF
Space Use
Office
Build-Out
Shell Space
Available
Now

4th Fl-Ste 400

Size
3,567 SF
Space Use
Office
Build-Out
Spec Suite
Available
Now

4th Fl-Ste 430

Size
1,284 SF
Space Use
Office
Build-Out
Spec Suite
Available
Now

4th Fl-Ste 440

Size
1,054 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

4th Fl-Ste 450

Size
2,432 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

5th Fl-Ste 500

Size
11,276 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

6th Fl-Ste 600

Size
3,826 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

6th Fl-Ste 601

Size
3,735 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

6th Fl-Ste 605

Size
3,089 SF
Space Use
Office
Build-Out
Spec Suite
Available
Now

7th Fl-Ste 700

Size
10,594 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

8th Fl-Ste 800

Size
10,865 SF
Space Use
Office
Build-Out
Shell Space
Available
Now

2nd Fl-Ste 200

Size 12,001 SF
Space Use Office
Build-Out Shell Space
Available Now

Full floor white box ready for TIs.

4th Fl-Ste 400

Size 3,567 SF
Space Use Office
Build-Out Spec Suite
Available Now

Brand new spec suite now complete!

4th Fl-Ste 430

Size 1,284 SF
Space Use Office
Build-Out Spec Suite
Available Now

Brand new spec suite now complete!

4th Fl-Ste 440

Size 1,054 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

3 offices, workroom, and reception.

4th Fl-Ste 450

Size 2,432 SF
Space Use Office
Build-Out Full Build-Out
Available Now

5th Fl-Ste 500

Size 11,276 SF
Space Use Office
Build-Out Full Build-Out
Available Now

6th Fl-Ste 600

Size 3,826 SF
Space Use Office
Build-Out Full Build-Out
Available Now

6th Fl-Ste 601

Size 3,735 SF
Space Use Office
Build-Out Full Build-Out
Available Now

6th Fl-Ste 605

Size 3,089 SF
Space Use Office
Build-Out Spec Suite
Available Now

Brand new spec suite now complete!

7th Fl-Ste 700

Size 10,594 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Full floor opportunity!

8th Fl-Ste 800

Size 10,865 SF
Space Use Office
Build-Out Shell Space
Available Now

Full floor white box ready for TI.

Very walkable
80/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
2345-31-022
Land Assessment
$1,424,587 CAD
Improvements Assessment
$1,424,587 CAD
Total Assessment
$5,802,130 CAD
  • Listing ID: 41362899

  • Date on Market: 2026-07-20

  • Last Updated:

  • Address: 820 16th St, Denver, CO 80202

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