Property Type Office - Medical Office
Property Size 134,726 SF
Lot Size 3.69 Acre
Property Tenancy Owner Occupied
Building Class B
Year Built 2007

Location

Map
Street

City Aurora, CO
Neighborhood Fitzsimons
Zip Code 80045
Market Denver

Contacts

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Owner

True Owner
Registered Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

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Documents

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Sales

Purchase Price
Arm's Length True
Buyer Name

Market Trends

Average Actual Rents in Aurora

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Aurora Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $21.30
2020 Office Vacancy Rate 10.07%
2020 Office Completions (SF) 117,000

Aurora Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

2020 Avg. Price per SF $94.05
Y-o-Y Avg. PpSF Change -48.36%
2020 Office Sales Volume $18.1M
2020 Number of Transactions 3

Tax

Property Tax in 2020 $807,649
Market Value* $24,204,744
Assessed Value $24,204,744

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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.