$10.3 Million Non-Performing Loan | Denver, CO
Descriptif
Jones Lang LaSalle Americas, Inc. (“JLL”), has been exclusively retained to present the opportunity to acquire 3501 Wazee (the “Building” or “Property”), a newly constructed creative office and dynamic retail asset located in Denver’s River North (“RiNo”) neighborhood.
Completed in 2018, this striking 4-story, 103,585 square foot (“SF”) building showcases modern design and functionality. The Building features outdoor balconies on each floor, offering panoramic views of Downtown Denver and the Front Range. The ground floor features fully built-out food service and bar infrastructure, providing immediate plug-and-play capability for dining concepts or flexible optionality to re-imagine the space for alternative tenant experiences.
With a diverse tenant mix occupying 67% of the Building and a move in-ready food hall with multiple bars, 3501 Wazee represents a compelling investment. This Property can be acquired at a substantial discount to replacement cost and presents an immediate opportunity for operational upside in one of Denver’s most dynamic neighborhoods.
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Attributs
Superficie du bâtiment nette
9 623 mètres carrés
Occupation
67 %
Année de construction
2018
WAULT
2.4 années
Média
Points forts de l'investissement
- Modern Construction: Completed in 2018, this striking 4-story, 103,585 SF building showcases modern design and functionality.
- Current Metrics: WALT of 2.4 years with a diverse tenant mix occupying 67% of the Building.
- Standout Perks: Outdoor balconies on each floor, offering panoramic views of Downtown Denver and the Front Range. The ground floor features a recently reimagined food hall, providing tenants and visitors with an array of dining options and socializing experiences.
- Flexible Configurations: The adaptable nature of 3501 Wazee's office configurations cater to evolving tenant needs and workplace trends while also minimizing tenant turnover costs and downtime between leases.
- Excellent Accessibility: Adjacent to the 35th Street Pedestrian Bridge with immediate access to the 38th & Blake Rail Station, offering quick access to Denver Union Station (one stop) and the airport (37 minutes). Additionally, this location provides convenient access to drivers via Park Avenue, 38th Street, Brighton Boulevard, I-25 and I-70 and provides a 1.26:1,000 parking ratio.
- Ultimate Flexibility: The ground floor features fully built-out food service and bar infrastructure, providing immediate plug-and-play capability for dining concepts or flexible optionality to re-imagine the space for alternative tenant experiences.
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3501 Wazee (0 Propriétés)
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Dernière mise à jour
7 nov. 2025
