Block 162_Property for Sale
Block 162_Property for Sale

Block 162

675 15th Street, Denver CO 80202

Description

Block 162, completed in 2021, is Denver’s premier trophy asset. The 30-story, 596,295 square foot world-class property features 20-floors of office space starting on Level 11, 12-floors of parking, breathtaking views, and extensive amenities, including a unique indoor/outdoor Sky Terrace. The Sky Terrace features a tenant-exclusive fitness center, indoor-outdoor social lounge, private conference space, and an expansive outdoor terrace with seasonal lounging areas, dining spaces, and integrated fitness zones. This elevated amenity deck provides tenants and visitors alike with comfortable seating and dining areas during the summer months, all while blending seamlessly with an array of premium indoor amenities.


Demonstrating its market leading position in the post-pandemic environment, Block 162 has achieved 501,675 SF of leasing since delivering in 2021, and is currently 70% leased, increasing to 87% leased in October 2026. The Building features a premier roster of tenants who will call Block 162 home for the next decade (10.3 years of WALT) with rents providing an average 36% mark-to-market opportunity upon rollover and a 46% discount to replacement rents for the Property’s largest tenants at expiration (48% of the rent roll).


With zero new CBD office construction planned for the next decade, Block 162 is a generational asset that offers investors the rare combination of immediate cash flow stability, substantial mark-to-market upside, and the scarcity premium that defines trophy real estate investments.

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Attributes

Building area net
596,295 sf
WAULT
10.3 years
Occupancy
87%
Floors
30

Media

Investment highlights

  1. New Construction Delivered in 2021
  2. 70% Leased, Increasing to 87% Leased in October 2026
  3. Exceptional Leasing Velocity (501,675 SF Leased) Demonstrates Market-Leading Tenant Demand
  4. Superior Parking Ratio of 1.7:1,000 SF Creates Competitive Advantage
  5. Denver’s Premier Trophy Asset with Generational Scarcity Value
  6. Durable Cash Flow Secured by High-Quality Tenant Roster
  7. Substantial Mark-to-Market Opportunity with Below-Replacement Cost Rents
Block 162 4_Property for Sale
Block 162 4_Property for Sale

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Last updated
Jan 6, 2026