14023 & 14033 Denver West

14023 Denver West Pkwy, Lakewood, CO, 80401-3253, US

Asset description

Jones Lang LaSalle Americas, Inc. (JLL), as exclusive advisor, is delighted to offer the opportunity to acquire 14023 & 14033 Denver West Parkway (the “Property” or “Building”), a premier 3-story, two-building, 127,297 square-foot office asset strategically located at the base of Table Mountain, adjacent to the City of Golden in the prestigious Denver West Business Park. This exceptional property, constructed in 1996, combines modern design, robust infrastructure, and unmatched flexibility, making it an ideal investment for owner-users or developers.

The 127,297 SF Property comprises two 3-story buildings connected by a first-floor breezeway, offering an efficient 21,400 SF average floorplate tailored to the needs of Denver West’s dominant tenant demographic.

The Property is currently fully leased to Angi, Inc. (Nasdaq: ANGI), which has vacated but continues to honor its lease obligations, providing immediate income stability. Angi is open to early lease termination, enabling swift access for new occupants at or near closing. With only one existing block over 85,000 SF in the West Denver submarket, this Property offers a unique chance to own and control the last significant available space, ideal for occupancy or expansion.

The Property features open office spaces, private offices, conference rooms, tenant lounges, outdoor seating, ample kitchenettes, and a commercial kitchen. High ceilings, an elegant glass line, an above-average 7.97/1,000 SF parking ratio, and efficient floorplates create an attractive, employee-friendly environment.

The Property is enveloped by the stunning natural beauty of Table Mountain and the surrounding mountain ranges, enhancing its appeal as a workplace destination. The vibrant communities of Lakewood and Golden are experiencing robust population and income growth, further elevating the Property’s long-term value.

This unique combination of natural beauty, thriving retail, recreational amenities, and strong community fundamentals makes 14023 & 14033 Denver West Parkway an unparalleled investment or owner-user opportunity in a high-demand market.

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Attributes

Building area net

127,297 sf

Occupancy

100%

Year built

1996

Zoning

PD/MES

Media

Investment highlights

Premier Suburban Office Asset: Located in the esteemed Denver West Business Park, surrounded by a robust talent pool, vibrant retail including Colorado Mills Mall, and unparalleled access to outdoor recreation at Table Mountain and Red Rocks Park.

Optimized Floorplate Design: Features 21,400 SF floorplates with a dynamic mix of open collaborative spaces, private offices, conference rooms, and creative elements, ideal for modern workforce needs.

Flexible Dual-Building Structure: Two 3-story buildings connected by a breezeway provide versatile space configurations, accommodating single or multi-tenant occupancy.

Immediate Income with Occupancy Flexibility: Generates stable lease revenue through July 2027 from Angi, Inc. (Nasdaq: ANGI), with the option for early lease termination for immediate owner-user occupancy.

Significant Development Potential: Situated on a 16.68-acre site zoned PD/MES, offering substantial opportunities for new development in a high-growth submarket.

Recent Capital Improvements: Benefiting from significant investments by current ownership, ensuring modern infrastructure and reduced near-term capital expenditures.

Robust On-Site Amenities: Includes a large cafeteria, outdoor patio with seating, and adaptable spaces primed for a fitness center, locker rooms, or deli, enhancing employee satisfaction and retention.

Superior Parking & Accessibility: Boasts an above-average 7.97/1,000 SF parking ratio and proximity to the I-70 corridor, ensuring seamless connectivity to Denver’s affluent neighborhoods and downtown.

Last Large-Block Opportunity: One of the only available blocks over 85,000 SF in the West Denver submarket, providing a rare chance to secure a significant foothold in a competitive market.

Employee-Centric Environment: High ceilings, elegant glass lines, and proximity to top-rated schools, retail, and recreational amenities create an attractive workplace for top-tier talent.