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The Gathering Place Listing Details & Market Data

Off-Market

1535 High Street, Denver, CO 80218

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  • Property Type Office - General Office
  • Property Size 28,950 SF
  • Lot Size 0.29 Acre
  • Parking Spaces Avail. 20
  • Parking Ratio 0.70/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 2007

Location

  • City Denver, CO
  • Neighborhood City Park West
  • Zip Code 80218
  • Market Denver

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • 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
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/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

  • Base Tax $165,197
  • Market Value* $6,707,800
  • Assessed Value $6,707,800

Find more tax info, including assessment history and abatements, on CommercialEdge

*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.