Property Type Office - Medical Office
Property Size 29,775 SF
Lot Size 1.02 Acre
Parking Spaces Avail. 89
Parking Ratio 3.00/ 1,000 SF
Property Tenancy Multi-Tenant
Building Class C
Year Built 1971

Location

Map
Street

City Denver, CO
Neighborhood Wellshire Denver
Zip Code 80222
Market Denver

Contacts

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Owner

True Owner
Registered Owner

Brokers

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Documents

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Sales

Purchase Date 03 Jul, 2013
Purchase Price
Arm's Length True
Buyer Name

Mortgages

Current Lender
Loan Amount
Loan Origination Date

Market Trends

Average Actual Rents in Denver

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 Denver Office Market

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

2020 Avg. Asking Rent $33.82
2020 Office Vacancy Rate 13.55%
2020 Office Completions (SF) 1,147,034

Denver Office Sales Trends

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

2020 Avg. Price per SF $224.34
Y-o-Y Avg. PpSF Change -4.82%
2020 Office Sales Volume $727.7M
2020 Number of Transactions 14

Tax

Property Tax in 2021 $199,080
Market Value* $9,200,000
Assessed Value $9,200,000

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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.