2806-2820 N Speer Blvd
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2806-2820 N Speer Blvd
13,393 SF 100% Leased Office Building Denver, CO 80211 £3,133,718 (£234/SF) 6.51% Net Initial Yield
Investment Highlights
- Large Outdoor Common Area
- Allows Flexibility to New User/Investor with Short Term Co-Working Spaces
Executive Summary
The Kramer Group of Marcus & Millichap is pleased to present an exceptional investment
opportunity at 2806 N Speer Blvd in Denver, CO. This property features a 13,393 square-foot
building currently leased to a successful coworking space, offering the new owner flexibility with
short-term leases. With a lot size conducive to potential redevelopment into multi-family units
and its close proximity to downtown Denver, this asset combines immediate income potential
with long-term growth opportunities.
opportunity at 2806 N Speer Blvd in Denver, CO. This property features a 13,393 square-foot
building currently leased to a successful coworking space, offering the new owner flexibility with
short-term leases. With a lot size conducive to potential redevelopment into multi-family units
and its close proximity to downtown Denver, this asset combines immediate income potential
with long-term growth opportunities.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
13,393 SF
Building Class
C
Year Built/Renovated
1943/2015
Price
£3,133,718
Price Per SF
£234
Net Initial Yield
6.51%
NOI
£203,947
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
13,393 SF
Building FAR
0.77
Land Acres
0.40 AC
Zoning
C-MX-5 - Allows for Future Redevelopment Into Multi-Family
Parking
18 Spaces (1.34 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Property Manager on Site
- Signage
- Air Conditioning
- Balcony
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Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (87)
PROPERTY TAXES
Parcel Number | 2294-16-050 | Improvements Assessment | £54,038 |
Land Assessment | £732,757 | Total Assessment | £786,795 |
PROPERTY TAXES
Parcel Number
2294-16-050
Land Assessment
£732,757
Improvements Assessment
£54,038
Total Assessment
£786,795
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2806-2820 N Speer Blvd
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