Description

JLL Capital Markets is pleased to present Kennedy Center, a 7.43-acre (323,651 SF) infill multifamily development assemblage in South Denver. Zoned B-3 (Business District), the zoning allows multifamily and townhome development by right, offering buyers a clear and administrative entitlement path. The site sits across the street from Kennedy Golf Course, which is set for $30 million dollars in improvements across the driving range and club house. Within close proximity to the Denver Tech Center employment base, the site provides a well positioned platform to deliver new rental supply in a renter dominated submarket.

The site is currently improved with office space, and all leases include a demolition clause permitting the landlord to terminate for redevelopment or demolition with 180 days' written notice. Under this clause, the specified termination date may not fall earlier than 180 days from the date notice is provided.

...

Attributes

Land Area

7.43 Acres | 323,651 SF

City and County

Denver

Zoning

B-3 (Business District)

Mill Levy

79.602

Qualified Census Tract

Yes

Current Use of Land

Office (3 Buildings)

Building (Parcel 1)

34,031 SF | Built: 1980

Building (Parcel 2)

34,031 SF | Built: 1981

Building (Parcel 3)

34,031 SF | Built: 1982

Lease Termination Rights

Yes

Media

Investment Highlights

Multifamily Use-By-Right

Residential and multifamily uses are allowed by-right within the B-3 zoning designation.

Infill South Denver Location

A 7.43-acre (323,651 SF) infill site at 10200 E Girard Avenue offers a well located development parcel in an established South Denver submarket.

Young Renter Base

Within the 1-mile trade area, renters occupy 73.1% of housing units and the median age is just 33.7. This presents a deep, young rental base supporting demand for future housing.

Denver Tech Center Market & Job Engine

The Denver Tech Center hosts 1,000+ companies and 35,000+ workers. As of Q2 2026, Denver Tech Center posted the lowest vacancy across 50+ unit apartment properties at 4.42% (Down 139 bps QoQ).

Transportation Infrastructure

Kennedy Center is directly adjacent to the E Hampden Ave Multimodal Improvements, currently under construction to enhance facilities for vehicles, transit, cyclists, and pedestrians; strengthening the area's connectivity and transit reliability.