400 W 48th Ave

98,150 SF 31% Leased Office Building Denver, CO 80216 $13,000,000 ($132/SF)

INVESTMENT HIGHLIGHTS

  • $4,065,790 in building upgrades since 2019
  • State-of-the-Art Gym with New Locker Rooms
  • Building Signage Available

EXECUTIVE SUMMARY

Situated just northwest of Denver’s Central Business District and adjacent to the vibrant RiNo neighborhood, 400 W 48th Ave enjoys an exceptional location at the junction of I-70 and I-25. This prime positioning provides unparalleled visibility and accessibility, making it easy to reach from almost anywhere in the Denver metro area. The building’s prominent placement along these major highways ensures maximum exposure for tenants. This well-maintained property is home to notable tenants such as Sunflower Bank, Fluid Truck, and Milgard Custom Doors and Windows. It offers high-quality amenities, including a fitness center with showers and lockers for both men and women, as well as abundant free parking. Users/ Investors can also benefit from the availability of building parapet signage, enhancing their visibility even further.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
Lease Option
Property Type
Office
Building Size
98,150 SF
Building Class
B
Year Built/Renovated
1973/1993
Price
$13,000,000
Price Per SF
$132
Percent Leased
31%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
32,642 SF
Building FAR
0.47
Lot Size
4.75 AC
Zoning
I-B
Parking
355 Spaces (3.62 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 105
  • 3,000-10,582 SF
  • Office
  • Full Build-Out
  • Now

Drive-In Door: One (1) 16’x10’

  • 1st Fl-Ste 125
  • 3,000-10,230 SF
  • Office
  • Partial Build-Out
  • Now

Up to 10,230 square feet available for lease.

  • 2nd Fl-Ste 250
  • 3,000-16,590 SF
  • Office
  • Partial Build-Out
  • Now

Up to 16,590 square feet available for lease.

  • 3rd Fl-Ste 300
  • 3,000-30,338 SF
  • Office
  • Partial Build-Out
  • Now

Up to 30,338 square feet available for lease.

Space Size Space Use Condition Available
1st Fl-Ste 105 3,000-10,582 SF Office Full Build-Out Now
1st Fl-Ste 125 3,000-10,230 SF Office Partial Build-Out Now
2nd Fl-Ste 250 3,000-16,590 SF Office Partial Build-Out Now
3rd Fl-Ste 300 3,000-30,338 SF Office Partial Build-Out Now

1st Fl-Ste 105

Size
3,000-10,582 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 125

Size
3,000-10,230 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 250

Size
3,000-16,590 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Fl-Ste 300

Size
3,000-30,338 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

PROPERTY TAXES

  • Listing ID: 33386108

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: 400 W 48th Ave, Denver, CO 80216