1900 Wazee_판매용 부동산
1900 Wazee_판매용 부동산

1900 Wazee

1900 Wazee Street, Denver, CO 80202

묘사

Jones Lang LaSalle, Inc. (“JLL”), as exclusive agent to the seller, is pleased to present to investors Wazee Exchange located at 1900 Wazee (the “Property” or “Building”), a premier historic investment opportunity in Denver’s coveted Lower Downtown (“LoDo”) neighborhood. 1900 Wazee, originally constructed in 1885 and most recently renovated in 2022, offers 65,747 square feet (“SF”) of refined brick and beam office space in the heart of the city’s most dynamic and sought-after locations. Situated adjacent to Dairy Block, McGregor Square, and Coors Field, 1900 Wazee embodies the live-work-play environment that defines LoDo’s appeal.


The Property boasts strong fundamentals with a 4.4-year weighted average lease term (“WALT”) and 69.3% occupancy, offering a compelling balance of cash flow and upside potential. The Building has consistently retained and expanded existing tenants and has attracted new companies which underscores the long-term demand for this unique offering. The recent $2.47M renovation has attractively preserved the Building’s historical character while incorporating modern amenities, creating an office environment that resonates with a diverse tenant base seeking authentic, character-rich spaces.


1900 Wazee, located in LoDo, Downtown Denver’s most in-demand and supply constrained submarket, represents a secure investment with lasting value. The Property’s exceptional walkability and immediate proximity to Dairy Block, McGregor Square, and Coors Field create an unmatched tenant experience, defined by convenient access to dynamic amenities.


This offering presents investors with a rare opportunity to acquire a historically significant, well-positioned asset in one of Denver’s most desirable submarkets. With its blend of historical charm, modern amenities, and strategic location, 1900 Wazee stands to capitalize on the continued growth and vibrancy of Denver’s LoDo district, offering both stable returns and significant potential for future appreciation.

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개요

건물 면적 순
6,108 제곱미터
점유율
69.3%
WAULT
4.4 년
건축년도
1885
Year Renovated
2021-2022 ($2.47M renovation)

미디어

투자 하이라이트

  1. Prime Location in Denver’s Thriving LoDo: 1900 Wazee offers a premier investment opportunity in LoDo, Downtown Denver’s best performing submarket.
  2. Unparalleled Access to Amenities: Situated adjacent to Dairy Block, McGregor Square, and Coors Field, the Property provides tenants with immediate access to a vibrant mixed-use environment.
  3. Proven Occupancy History: With an impressive average occupancy rate of 88% since 2010, 1900 Wazee has demonstrated its sustained desirability in the market.
  4. Recently Upgraded Asset: A comprehensive $2.47M renovation completed in 2022 has further enhanced the appeal of 1900 Wazee’s distinctive brick and beam construction.
  5. Long-Term Tenancy Provides Stability: A substantial 54% of the RBA is leased to tenants with a tenure exceeding 10 years. Their consistent renewal and expansion at 1900 Wazee highlight the Property’s appeal and contribute to stable, long-term cash flow.
  6. High Demand for LoDo Location: Over 50% of active tenants in the market prefer LoDo, representing nearly 1MSF of LoDo-specific demand, ensuring sustained interest in 1900 Wazee.
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