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PRIME-LOCATED LODO ASSETS 3 Properties in Denver, CO
Executive Summary
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present the exclusive opportunity to acquire a three-asset portfolio consisting of St. Elmo, Elephant Corral, and 1777 Larimer Condominium Interest (40 parking spaces and retail premises) (“Portfolio” or “Properties”), a portfolio of brick & timber buildings consisting of office, retail, and garage parking ideally located in the heart of Denver’s Lower Downtown (“LoDo”) district.
• The Properties may be acquired as a portfolio, or individually.
• Portfolio RBA: 79,548 SF | 79,628 SF (BOMA)
• % Leased: 56.1% (going to 49.3% with one known vacate)
• WALT (excluding parking): 2.5 years
• Well-positioned, improved vacancies
• Unique mixed-use investment with 13% retail | 87% office tenancy
• Highly visible locations surrounded by a surge of completed and planned public and private investment
• Located within the most active tenant and widely mixed-use submarket (“LoDo”) in the Central Business District
• Walking Distance to Downtown Denver’s best amenities in Union Station, Ball Arena, Coors Field, 16th Street, and more
• The Properties may be acquired as a portfolio, or individually.
• Portfolio RBA: 79,548 SF | 79,628 SF (BOMA)
• % Leased: 56.1% (going to 49.3% with one known vacate)
• WALT (excluding parking): 2.5 years
• Well-positioned, improved vacancies
• Unique mixed-use investment with 13% retail | 87% office tenancy
• Highly visible locations surrounded by a surge of completed and planned public and private investment
• Located within the most active tenant and widely mixed-use submarket (“LoDo”) in the Central Business District
• Walking Distance to Downtown Denver’s best amenities in Union Station, Ball Arena, Coors Field, 16th Street, and more
Property Facts
| Sale Type | Investment | Individually For Sale | 3 |
| Status | Active | Total Building Size | 61,496 SF |
| Number of Properties | 3 | Total Land Area | 0.72 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 3 |
| Total Building Size | 61,496 SF |
| Total Land Area | 0.72 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Elephant Corral
1420-1444 Wazee St, Denver, CO 80202 |
Office | 40,379 SF | 1880 | - |
|
St. Elmo Bldg
1433 17th St, Denver, CO 80202 |
Office | 20,442 SF | 1896 | $4,250,430 CAD |
|
Windsor Condominiums
1777 Larimer St, 1st Floor - Unit 102, Denver, CO 80202 |
Office/Retail Condo | 675 SF | 1981 | - |
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PRIME-LOCATED LODO ASSETS
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