1801 BroadwayDenver, CO 80202
- Office properties
- 227,776 SF
Property Details for 1801 Broadway
- Year built
- 1980
- Construction
- STEEL FRAME
- Lot size
- 0.45 AC
- Property size (Sq ft)
- 227,776 SF
- Zone code
- D-C
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 02346-06-017-000
- APU
- 234606017000
Description
1801 Broadway, Denver, CO 80202 offers a unique opportunity for businesses seeking high-visibility retail or restaurant space. This seventeen-story building, constructed in 1981, boasts a total of 195,753 square feet, encompassing 29 individual suites. The property is currently offering a significant amount of vacant space, totaling 115,688 square feet, with flexible lease options ranging from a minimum of 626 square feet to a maximum contiguous space of 12,174 square feet. This allows for diverse tenant needs, from smaller boutiques to larger flagship locations. The building's central location on Broadway in Denver County provides excellent access to high foot traffic and ample visibility. While the building does not offer dedicated parking spaces, it provides a parking ratio of 0.92 spaces per 1,000 square feet, potentially utilizing nearby public or private parking options. The building is equipped with elevators for convenient access to all floors. This prime retail location presents a compelling investment opportunity for businesses seeking a prominent presence in the vibrant Denver market. The flexible suite sizes and substantial vacant space make it ideal for a variety of retail and restaurant concepts.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $54,421,336
- 6.5%
- $50,235,080
- 7%
- $46,646,860
-
Comparable approach
- Method
- Valuation
- Relative Method
- $59,811,216
- Geo Method
- $18,818,854
-
Alternative Use
- Use
- Valuation
- Residential
- $62,291,496
- Hospitality
- $57,058,676
- Educational
- $47,472,148
- Medical
- $49,104,788
- Retail
- $73,845,568
Location Insight
- City
- Denver
- County
- Denver
- State
- Colorado
- Latitude
- 39.7449
- Longitude
- -104.988
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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