2420 17Th StDenver, CO 80202

Property Details for 2420 17Th St

Year built

2014

Construction

STEEL FRAME

Lot size

0.74 AC

Property size (Sq ft)

78,970 SF

Zone code

C-MX-5

Property type

Office buildings

APN

02283-35-038-000

APU

228335038000

Description

The Lab, a stunning Class A office building in Denver County, offers exceptional space in a prime location on the redeveloped Platte Street. This newly constructed, LEED Platinum certified building boasts 79,589 square feet across four stories, with 74,784 square feet currently available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 24,570 square feet to a maximum contiguous space of 25,231 square feet. The building features impressive 14-foot exposed ceilings, allowing for creative and flexible layouts. Enjoy abundant natural light thanks to the incredible glassline design. Amenities include on-site retailers such as a Poke Bowl restaurant and Hotworx Boutique Fitness, secure bike storage, a newly furnished and remodeled lobby, and 24/7 card key access with on-site security. The building also maintains exceptional cleanliness standards and offers stairwell-accessible office space, highly sought after by modern office users. A 1.25:1,000 parking ratio ensures ample parking for tenants and their guests. The building's energy efficiency is further highlighted by its Energy Star certification. Denver Beer Co. is a current tenant, adding to the vibrant atmosphere of this exceptional property. Pet-friendly policies add to the building's appeal.

• CAP approach

  CAP return

  Valuation

  6%

  $18,867,892

  6.5%

  $17,416,516

  7%

  $16,172,478

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,736,564

  Geo Method

  $6,524,502

• Alternative Use

  Use

  Valuation

  Residential Income

  $21,596,478

  Hospitality / Lodging

  $19,782,258

  Institutional / Educational

  $16,458,607

  Healthcare / Senior Housing

  $17,024,644

  Retail / Commercial

  $25,602,278

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7584

Longitude

-105.008

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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