Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present the exclusive opportunity to acquire a three-asset portfolio consisting of St. Elmo, Elephant Corral, and 1777 Larimer Condominium Interest (40 parking spaces and retail premises) (“Portfolio” or “Properties”), a portfolio of brick & timber buildings consisting of office, retail, and garage parking ideally located in the heart of Denver’s Lower Downtown (“LoDo”) district.

The Properties may be acquired as a portfolio, or individually.

St. Elmo – A boutique mixed-use property (46% retail, 54% office) offering significant upside potential in a high-quality construction with strong value-add characteristics.

Elephant Corral – A fully improved office building featuring stable cash flow, below-market rents, and a quality tenant roster in LoDo's prime core.

1777 Larimer Street – A condominium interest comprising 40 parking stalls and 675 SF of retail space, providing income diversification in a high-traffic location.

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Attributes

Building area gross

7,390 m²

Occupancy

56.1%

WALT

2.5 years

St. Elmo, Elephant Corral & 1777 Larimer (3 Properties)

Media

Investment Highlights

Premier Location: Steps from Union Station, Ball Arena, Coors Field, and Denver's best dining and entertainment.
Flexible Acquisition: Purchase the portfolio or individual assets to suit your investment strategy.
Value-Add Opportunity: Recent capital expenditures and highly improved vacancies create immediate upside.
Diverse Income Streams: Office, retail, and parking across three complementary properties.