400 South Colorado

Cushman & Wakefield, as exclusive advisor for the Seller, is pleased to present the opportunity to acquire 400 S Colorado; an infill, recently renovated value add opportunity located adjacent to the burgeoning Cherry Creek submarket (“Property”). 400 S Colorado is comprised of 131,124 square feet and is currently 69% leased to a diverse tenant base providing an investor dependable in-place cash flow with upside in completing spec suites and lease-up of remaining vacant suites and increasing the medical occupancy within the building. Currently, excluding the retail tenancy, the rent roll is comprised of 31% medical tenants allowing for further repositioning by adding more medical tenants with longer lease terms and higher lease rates, fulfilling a need for the surrounding densely populated neighborhoods. With direct vacancy in Cherry Creek of 3.0% and average Class A lease rates of $48.54 per square foot NNN, 400 S Colorado provides investors a rare opportunity to acquire a premier, identifiable asset in Glendale, downstream from Denver Metro’s best office market, at a remarkable discount to Cherry Creek with significant upside.

Located near the intersection of Colorado Boulevard and Alameda Avenue, 400 S Colorado is densely surrounded by Denver’s premier, most affluent neighborhoods including Cherry Creek, Country Club, Hilltop, Bonnie Brae and Washington Park, among others. Located five miles from Denver’s CBD and less than two miles to Cherry Creek, 400 South Colorado provides an easily accessible, economical alternative to these office markets with an abundance of walkable amenities including Colorado’s top performing King Soopers and Target, 24 Hour Fitness, Life Time Fitness, CitySet retail development and the future Glendale Entertainment District.