The Fitzgerald

JLL as advisor is pleased to present The Fitzgerald, located at 1840 Market St, Denver, CO 80202. This is a unique opportunity to acquire a top-tier luxury residential asset within the vibrant LoDo neighborhood. The Fitzgerald sets the standard for opulent living in Denver’s urban core, providing significant discounting from current replacement costs and representing a compelling value-add investment.

The Fitzgerald is a newly constructed, 2022-built, 11-story luxury high-rise featuring 282 residential units with an impressive occupancy rate of 94%. The property encompasses a total residential area of approximately 271,660 square feet and an additional 8,096 square feet of retail space. With the average unit size at ±963 square feet and a parking availability of 307 spaces, the Fitzgerald offers residents both convenience and luxury with an average in-place rent of $2,432, translating to $2.52 per square foot.

Strategically located in Denver's LoDo neighborhood, The Fitzgerald benefits from its proximity to key landmarks like Coors Field and Union Station, along with 31M+ square feet of office space in the Downtown Central Business District. This positioning enhances the property's appeal, feeding into a robust demand pool driven by young professionals with an average household income of $235K, significantly above the area average.

With more than $6.6 billion in public and private investment revolutionizing Downtown Denver, The Fitzgerald is poised for substantial rent growth and cash flow stability. The economics of the area support a significant premium for luxury residences, making The Fitzgerald an unparalleled asset for sophisticated investors seeking robust returns and strategic urban footprints.