250 Steele StDenver, CO 80206

Property Details for 250 Steele St

Year built

1986

Construction

STEEL FRAME

Lot size

0.72 AC

Property size (Sq ft)

31,493 SF

Zone code

C-CCN-4

Property type

Strip malls

Property subtype

Neighborhood centers

APN

05121-24-036-000

APU

512124036000

Description

This exceptional 1,917-square-foot office space is available for lease at The Promenade of Cherry Creek, located at 250 Steele Street, Suite 360, Denver, CO 80206. Situated within a three-story, 29,212-square-foot Class C building constructed in 1986, this unit offers a modern design with abundant natural light. The open floor plan provides flexibility for various business configurations, making it suitable for a range of professional uses. The space includes two designated parking spaces. This building features sixteen suites in total, with a minimum divisible space of 1,917 square feet and a maximum contiguous space of 1,917 square feet. The building is equipped with elevators. The Promenade's location in the upscale Cherry Creek neighborhood offers unparalleled access to a vibrant array of dining, shopping, and entertainment options. Its proximity to major transportation routes and public transit ensures convenient commuting. Ideal for professional services, consulting firms, tech startups, financial services, or creative agencies seeking a prestigious address in a thriving Denver community. This is a multi-tenant building.

• CAP approach

  CAP return

  Valuation

  6%

  $9,934,187

  6.5%

  $9,170,019

  7%

  $8,515,018

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,556,918

  Geo Method

  $6,556,918

• Alternative Use

  Use

  Valuation

  Residential

  $7,735,254

  Hospitality

  $7,085,452

  Educational

  $5,895,012

  Medical

  $6,097,751

  Retail

  $9,170,019

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7204

Longitude

-104.949

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].