555 17Th StDenver, CO 80202

Property Details for 555 17Th St

Year built

1982

Construction

STEEL FRAME

Lot size

0.61 AC

Property size (Sq ft)

778,340 SF

Zone code

D-C

Property type

Office buildings

APN

02346-05-025-000

APU

234605025000

Description

This exceptional 2,162-square-foot retail space is ideally situated on the ground floor of the prestigious Grand Hyatt Denver hotel at 555 17th Street, Denver, CO 80202. Benefit from a high-profile location with unparalleled visibility and foot traffic. The space, previously occupied by Starbucks, offers a turnkey opportunity for a variety of retail businesses. The Grand Hyatt Denver boasts a substantial presence, including 516 hotel rooms and approximately 1,500 employees, providing a built-in customer base and significant daily traffic flow. This single-tenancy space is available immediately and presents a rare chance to establish a thriving business within a vibrant and established Denver location. The property is classified as street retail within Denver County, Colorado. Its convenient location offers excellent access for both hotel guests and the broader Denver community. This ground floor space provides immediate street visibility and easy access for customers. The property's address is 555 17th Street, Suite 110. The space's size and prime location make it an attractive opportunity for businesses seeking a high-traffic, high-visibility location in the heart of Denver.

• CAP approach

  CAP return

  Valuation

  6%

  $185,964,736

  6.5%

  $171,659,744

  7%

  $159,398,336

• Comparable approach

  Method

  Valuation

  Relative Method

  $204,382,640

  Geo Method

  $64,306,452

• Alternative Use

  Use

  Valuation

  Residential

  $212,858,096

  Hospitality

  $194,976,864

  Educational

  $162,218,464

  Medical

  $167,797,408

  Retail

  $252,339,840

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7452

Longitude

-104.989

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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