• 16M
  • 16M
  • 16M
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16M - Availability Details

Off-Market

1550 Market Street, Denver, CO 80202

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 315,164 Sqft
  • Lot Size 0.54 Acre
  • Parking Spaces Avail. 469
  • Parking Ratio 1.49/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Certified
  • Building Class A
  • Year Built 2013

Location

  • City Denver, CO
  • Neighborhood LoDo
  • Zip Code 80202
  • 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 Date 13 Jul, 2015
  • Arm's Length
  • 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
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 (Sqft) 1,147,034

Denver Office Sales Trends

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

  • 2020 Avg. Price per Sqft $224.34
  • Y-o-Y Avg. PpSF Change -4.82 %
  • 2020 Office Sales Volume $727.7M
  • 2020 Number of Transactions 14
View more Denver market trends

Tax

  • Property Tax in 2020 $1,814,119
  • Market Value $94,872,400
  • Assessed Value $94,872,400

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