1775 Sherman StDenver, CO 80203

Property Details for 1775 Sherman St

Year built

1982

Construction

STEEL FRAME

Lot size

0.38 AC

Property size (Sq ft)

403,074 SF

Zone code

D-C

Property type

Office buildings

APN

02349-33-025-000

APU

234933025000

Description

Lincoln Crossing Tower I offers 367,058 square feet of prime office space in Denver's vibrant Uptown neighborhood. This 32-story, multi-tenant building boasts a prestigious address at East 18th Avenue, between Lincoln and Sherman Streets, providing convenient access to the 16th Street Mall, diverse dining options, upscale hotels, and excellent transportation links. Recently renovated in 2022, the building features a modern, updated lobby and common areas, creating an inviting atmosphere for tenants and guests. Amenities include a state-of-the-art fitness center complete with showers, lockers, and towel service; a secure bike barn for commuters; and a versatile conferencing facility with operable glass walls, ideal for meetings and presentations. Tenants also enjoy the convenience of an on-site Subway Café, a sundry store, and covered parking. The building's commitment to sustainability is evident in its Energy Star certifications, awarded multiple times between 2008 and 2018. Available spaces range from 100 to 16,888 square feet, catering to a variety of business needs. Full-height windows in each suite provide ample natural light, while the spacious lobby and common areas offer a welcoming environment. With excellent ingress and egress, Lincoln Crossing Tower I presents an unparalleled opportunity for businesses seeking a prestigious and efficient Uptown Denver location. Thirty suites are currently available.

• CAP approach

  CAP return

  Valuation

  6%

  $96,304,376

  6.5%

  $88,896,344

  7%

  $82,546,608

• Comparable approach

  Method

  Valuation

  Relative Method

  $105,842,344

  Geo Method

  $33,301,974

• Alternative Use

  Use

  Valuation

  Residential

  $110,231,472

  Hospitality

  $100,971,432

  Educational

  $84,007,048

  Medical

  $86,896,176

  Retail

  $130,677,632

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7446

Longitude

-104.985

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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