Denver Office Spaces for Sublease December 2020
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Denver Office Spaces For Sublease December 2020 Benchmark Commerical Real Estate | 303.395.0111 [email protected] | www.crebenchmark.com 1404 Larimer Street | Suite 200 | Denver, CO 80202 1 110 16th St - The Petroleum Building Location: The Petroleum Building Building Type: Class B Office AKA 1550 Cleveland Pl Downtown Cluster Status: Built 1956, Renov 2007 CBD Submarket Stories: 14 Denver County RBA: 169,178 SF Denver, CO 80202 Typical Floor: 12,084 SF Developer: - Total Avail: 100,689 SF % Leased: 47.9% Management: Borst & Company Recorded Owner: DellaCava/Hartronft Development Co LLC Expenses: 2019 Tax @ $2.66/sf, 2011 Est Tax @ $1.26/sf; 2010 Ops @ $8.47/sf, 2011 Est Ops @ $8.47/sf Parcel Number: 2346-23-021 Parking: Ratio of 0.00/1,000 SF Amenities: Conferencing Facility, Controlled Access, Food Service, Property Manager on Site, Storage Space Floor SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy Term Type E 3rd 12,477 12,477 12,477 $22.50/fs 30 Days Thru Mar 2022 Sublet For more information contact: Benchmark Commercial llc 12/10/2020 www.crebenchmark.com 303.395.0112 [email protected] These are representative office subleases in the metro area. Copyrighted report licensed to Benchmark Commercial, LLC - 68672. Page 1 2 216 16th St - Columbine Place Location: Columbine Place Building Type: Class A Office Downtown Cluster CBD Submarket Status: Built 1983 Denver County Stories: 17 Denver, CO 80202 RBA: 154,304 SF Typical Floor: 12,560 SF Developer: Larkin Development Total Avail: 42,031 SF % Leased: 80.7% Management: Columbine West 2 LLC Recorded Owner: Terra Funding-denver Llc Expenses: 2019 Tax @ $3.49/sf; 2012 Ops @ $9.02/sf Parcel Number: 2346-22-015, 2346-22-016 Parking: 104 Covered Spaces are available; Ratio of 0.71/1,000 SF Amenities: Banking, Bus Line, Commuter Rail, Property Manager on Site, Restaurant Floor SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy Term Type E 15th / Suite 1500 12,203 12,203 12,203 Withheld 30 Days Thru Sep 2023 Sublet For more information contact: Benchmark Commercial llc 12/10/2020 www.crebenchmark.com 303.395.0112 [email protected] These are representative office subleases in the metro area. Copyrighted report licensed to Benchmark Commercial, LLC - 68672. Page 2 3 1400 16th St - 16 Market Square Location: 16 Market Square Building Type: Class A Office AKA 1573 Market St SWC 16th St Mall & Market St Status: Built 2001 Downtown Cluster Stories: 8 LoDo Submarket RBA: 206,000 SF Denver County Typical Floor: 25,750 SF Denver, CO 80202 Developer: Continuum Partners LLC Total Avail: 64,238 SF Management: Lincoln Property Company % Leased: 85.0% Recorded Owner: - Expenses: 2019 Tax @ $10.15/sf, 2011 Est Tax @ $4.59/sf; 2012 Ops @ $6.95/sf, 2011 Est Ops @ $6.89/sf Parcel Number: 2331-15-073, 2331-15-074, 2331-15-075 Parking: 256 Covered Spaces @ $195.00/mo; Covered Tandem Spaces @ $115.00/mo; Reserved Spaces @ $240.00/mo; Ratio of 1.00/1,000 SF Amenities: Bus Line, Restaurant Floor SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy Term Type P 2nd / Suite 200 10,000 - 28,266 28,266 28,266 $42.00/fs 30 Days Thru Mar 2022 Sublet For more information contact: Benchmark Commercial llc 12/10/2020 www.crebenchmark.com 303.395.0112 [email protected] These are representative office subleases in the metro area. Copyrighted report licensed to Benchmark Commercial, LLC - 68672. Page 3 4 2001 16th St - 16 Chestnut Building - Union Station Neighborhood Location: 16 Chestnut Building Building Type: Class A Office Downtown Cluster Platte River Submarket Status: Built 2018 Denver County Stories: 19 Denver, CO 80202 RBA: 428,219 SF Typical Floor: 24,319 SF Developer: East West Partners Total Avail: 76,317 SF % Leased: 99.3% Management: - Recorded Owner: Chestnut Denver Inc Expenses: 2019 Tax @ $15.68/sf; 2017 Ops @ $18.00/sf Parcel Number: 2332-26-008 Parking: 419 Covered Spaces are available; Ratio of 1.14/1,000 SF Amenities: Bicycle Storage, Commuter Rail, Direct Elevator Exposure, Energy Star Labeled, Fitness Center Floor SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy Term Type P 8th / Suite 8th Floor 36,491 36,491 73,175 Withheld Vacant Thru Sep 2033 Sublet P 9th / Suite 9th Floor 36,684 36,684 73,175 Withheld Vacant Thru Sep 2033 Sublet For more information contact: Benchmark Commercial llc 12/10/2020 www.crebenchmark.com 303.395.0112 [email protected] These are representative office subleases in the metro area. Copyrighted report licensed to Benchmark Commercial, LLC - 68672. Page 4 5 225 E 16th Ave - The Capitol Center Location: The Capitol Center Building Type: Class B Office Downtown Cluster CBD Submarket Status: Built 1958, Renov 2001 Denver County Stories: 12 Denver, CO 80203 RBA: 136,907 SF Typical Floor: 10,000 SF Developer: - Total Avail: 82,750 SF % Leased: 47.4% Management: Tiarna Real Estate Services, Inc. Recorded Owner: Capitol Center Property LLC Expenses: 2019 Tax @ $3.77/sf; 2007 Combined Est Tax/Ops @ $7.89/sf Parcel Number: 2349-37-002 Parking: 150 Surface Spaces @ $170.00/mo; Covered Spaces @ $190.00/mo; Reserved Spaces @ $230.00/mo; Ratio of 0.90/1,000 SF Amenities: 24 Hour Access, Air Conditioning, Conferencing Facility, Fitness Center, Food Service, Property Manager on Site, Restaurant, Storage Space Floor SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy Term Type P 9th / Suite 900 10,764 10,764 10,764 $18.00/nnn 30 Days Thru Apr 2023 Sublet For more information contact: Benchmark Commercial llc 12/10/2020 www.crebenchmark.com 303.395.0112 [email protected] These are representative office subleases in the metro area. Copyrighted report licensed to Benchmark Commercial, LLC - 68672. Page 5 6 370 17th St - Republic Plaza Location: Republic Plaza Building Type: Class A Office Downtown Cluster CBD Submarket Status: Built 1982, Renov 2016 Denver County Stories: 56 Denver, CO 80202 RBA: 1,337,504 SF Typical Floor: 22,875 SF Developer: Oxford-Anschutz Development Total Avail: 322,444 SF % Leased: 86.8% Management: Brookfield Office Properties, Inc. Recorded Owner: Bop Republic Plaza I Llc Expenses: 2019 Tax @ $8.10/sf, 2020 Est Tax @ $8.11/sf; 2019 Ops @ $9.30/sf, 2020 Est Ops @ $9.60/sf Parcel Number: 2346-09-015 Parking: 200 Covered Spaces @ $215.00/mo; Reserved Spaces @ $300.00/mo; Ratio of 0.67/1,000 SF Amenities: Atrium, Banking, Conferencing Facility, Convenience Store, Dry Cleaner, Energy Star Labeled, Fitness Center, Food Court, LEED Certified - Gold, Property Manager on Site, Restaurant, Shower Facilities Floor SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy Term Type E 7th 23,000 23,000 23,000 Withheld 30 Days Thru Apr 2026 Sublet P 31st 10,000 - 24,474 24,474 24,474 $22.00/nnn Vacant Thru Feb 2027 Sublet P 50th / Suite 5000 25,221 25,221 25,221 Withheld 30 Days Thru Nov 2028 Sublet P 52nd 25,047 25,047 73,780 Withheld 60 Days Thru May 2028 Sublet P 53rd 23,855 23,855 73,780 Withheld 60 Days Thru May 2028 Sublet P 54th 24,878 24,878 73,780 Withheld 60 Days Thru May 2028 Sublet For more information contact: Benchmark Commercial llc 12/10/2020 www.crebenchmark.com 303.395.0112 [email protected] These are representative office subleases in the metro area. Copyrighted report licensed to Benchmark Commercial, LLC - 68672. Page 6 7 410 17th St Location: Corner of 17th & Tremont Streets Building Type: Class B Office Downtown Cluster CBD Submarket Status: Built 1977 Denver County Stories: 24 Denver, CO 80202 RBA: 436,455 SF Typical Floor: 18,500 SF Developer: - Total Avail: 122,411 SF % Leased: 77.4% Management: Callahan Management Recorded Owner: RREF III-P 410 17 St LLC Expenses: 2019 Tax @ $4.98/sf, 2012 Est Tax @ $2.97/sf; 2013 Ops @ $7.12/sf, 2012 Est Ops @ $5.95/sf Parcel Number: 2346-10-038 Parking: 325 Covered Spaces @ $225.00/mo; 9 Reserved Spaces @ $305.00/mo; Ratio of 0.77/1,000 SF Amenities: 24 Hour Access, Bus Line, Commuter Rail, Conferencing Facility, Controlled Access, Energy Star Labeled, Property Manager on Site, Security System Floor SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy Term Type P 16th 10,454 10,454 10,454 Withheld Vacant Thru Feb 2022 Sublet For more information contact: Benchmark Commercial llc 12/10/2020 www.crebenchmark.com 303.395.0112 [email protected] These are representative office subleases in the metro area. Copyrighted report licensed to Benchmark Commercial, LLC - 68672. Page 7 8 600 17th St - Dominion Towers Location: Dominion Towers Building Type: Class A Office Corner of 17th and Welton Streets Downtown Cluster Status: Built 1982 CBD Submarket Stories: 28 Denver County RBA: 614,000 SF Denver, CO 80202 Typical Floor: 28,000 SF Developer: - Total Avail: 122,005 SF % Leased: 88.9% Management: Hines Property Management Recorded Owner: FSP 600 17th Street LLC Expenses: 2019 Tax @ $5.15/sf; 2016 Combined Est Tax/Ops @ $12.99/sf Parcel Number: 2345-28-022 Parking: 276 Covered Spaces @ $220.00/mo; Reserved Spaces @ $285.00/mo; 23 Surface Spaces @ $180.00/mo; Ratio of 0.50/1,000 SF Amenities: 24 Hour Access, Conferencing Facility, Convenience Store, Fitness Center, Property Manager on Site, Restaurant, Roof Terrace Floor SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy Term Type P 2nd 4,485 - 15,611 15,611 15,611 Withheld 30 Days Thru Dec 2023 Sublet For more information contact: Benchmark Commercial llc 12/10/2020 www.crebenchmark.com 303.395.0112 [email protected] These are representative office subleases in the metro area.