CREATIVE OFFICE›LODO

LoDo Creative Offices

FOR LEASEListing ID: #WDHIEGWU  ·  1600 Wynkoop St, Denver, CO 80202
Lease Rate
$33.00/SF/YR
Total Area
74,000 SF
Lease Type
NNN
Year Built
2014
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SALES COMPARISON

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EXPLORE THE NUMBERS

Valuation Calculator

Adjust the purchase and financing assumptions to evaluate this property.

0% down100% · All cash
Loan amount
$18,480,000
Annual debt service
$1,428,803
$119,067 / month
Annual cash flow
$128,797

Valuation Metrics

DSCR
1.09×
NOI ÷ debt service
Cap rate
5.90%
NOI ÷ purchase price
Cash-on-cash ROI
1.63%
Annual cash flow ÷ down payment

Starting assumptions: 30% down, 6% interest, 25-year amortization. Estimates use monthly principal and interest payments; exclude closing costs, taxes on income, capital expenditures, and appreciation. ROI shown is annual cash-on-cash return.

Asset Summary

LoDo Creative Offices is a Creative Office asset located in the LoDo submarket of Denver, CO. Offering strong fundamentals and durable cash flow, this lease opportunity is positioned for investors seeking exposure to a growth market.

Property Details

Property typeOffice
SubtypeCreative Office
Market statusOn market
SubmarketLoDo
Lot sizeNot provided
ZoningD-LD
Building area74,000 SF
Year built2014
Property classB
Units / keysNot provided
Parking spaces185

Tenancy & Lease

TenancyMulti-tenant
Occupancy91%
Tenant / brandNot provided
Lease structureNNN
Remaining lease term11 years
Tenant creditInvestment grade

Property Record

Parcel, ownership and tax information supplied for this property.

Parcel / APNNot provided
County / jurisdictionNot provided
Recorded ownerNot provided
Legal descriptionNot provided
Assessed valueNot provided
Annual property taxesNot provided
Tax yearNot provided
Record as ofNot provided
Record sourceNot provided

Public records have not been supplied for this listing. Request the parcel record and current tax bill from the listing broker.

Property History

  1. Published on CREvista

    Listing publication date; not a sale or transfer.

    Source: CREvista listing record
  2. Year builtSource: Broker-supplied property details

Prior sales, transfers, price changes and renovation records have not been supplied. Contact the broker for the property's historical records.

Financial Performance

INCOME COMPONENTANNUAL AMOUNT
Estimated Gross Scheduled Income$2,324,776
Estimated Operating Expenses($767,176)
Net Operating Income (NOI)$1,557,600
Estimated Capital Reserves$46,728

Estimates use submitted NOI and a standardized expense assumption. Verify all figures against source documents.

Investment Resources

Contact the listing broker to request the available investment package.

Strategic Location

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EST. WALKABILITY
85
VERY WALKABLE
EST. AREA INCOME
$107k
STRONG DEMOGRAPHICS
EST. TRANSIT ACCESS
62
GOOD TRANSIT