3300 E 1st Avenue

Jones Lang LaSalle Americas (“JLL”) is pleased to present the exclusive opportunity to acquire 3300 E 1st Avenue (“Building”, “Asset” or “Property”), a high‑visibility mixed‑use asset in Cherry Creek, Denver’s most affluent and supply‑constrained urban district. Totaling 97,770 square feet (“SF”) across six stories, the Property combines boutique office with fully leased, street‑front retail. Currently 78.5% leased with a 4.7‑year WALT, 3300 E 1st Avenue offers a durable income stream and meaningful embedded upside supported by Cherry Creek’s nation‑leading demographics and leasing fundamentals.

The Building’s 32,820 SF of premier storefront retail—100% leased and prominently positioned along 1st Avenue—serves as an anchor to Cherry Creek’s high‑end pedestrian corridor. Long‑standing local and national brands such as Olive & Finch and Kohler benefit from exceptional visibility, daily foot traffic, and the district’s brand recognition, reinforcing the Property’s role as a cornerstone within one of Denver’s most recognizable retail environments.

Above the retail, the boutique office attracts a diverse mix of tenants across medical, financial services, professional services, wellness, real estate, and law. Many tenants have demonstrated strong commitment to the Property and the submarket, with 33% of the rent roll maintaining occupancy for 10+ years, signaling the Building’s relevance and stability through multiple market cycles.

Notably, 28% of the in-place office tenancy is occupied by medical and medical‑adjacent users, who benefit from the neighborhood’s affluent population base and strong patient‑serving dynamics. The average medical tenancy tenure is 10.7 years, underscoring sustained demand for high‑quality clinical environments in Cherry Creek—a submarket with minimal true medical office supply. This concentration offers a clear pathway for a targeted medical‑office enhancement strategy under new ownership.

With overall occupancy at 78.5%, 3300 E 1st Avenue provides a compelling combination of income stability and NOI growth potential. Significant mark‑to‑market upside exists across approximately 39,441 SF, where in‑place office rents are 18.3% below today’s achievable rates. The Building has demonstrated strong rent‑growth performance historically, with rates increasing over 60% since 2017, highlighting sustained demand and pricing power within Cherry Creek’s tightly constrained office inventory. Additionally, as one of the few remaining sites with meaningful scale, the Property offers a rare covered‑land play: reliable income generation today with embedded optionality for future higher-density residential or hospitality redevelopment.