Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1981
Building Area
Occupancy 86.0 %

Property Description

JLL Capital Markets is pleased to present Cole Center (“Property”), a newly renovated and stabilized, 167,205 square foot office complex located in the supply constrained submarket of West Denver. With a weighted average lease term of 7.9 years coupled with high investment grade tenancy, Cole Center represents one of the strongest multi tenant office offerings in the Denver metro area. Tenants are drawn to Cole Center’s 3.5 per 1,000 parking ratio with 201 parking spaces in a well-lit subterranean parking garage with direct elevator-to suite access—a rarity in this market and a significant tenant draw. Tenants enjoy a fully-equipped fitness center with locker rooms and showers, an outdoor plaza with shaded seating areas, and an abundance of natural light provided by three atrium skylights. Cole Center’s prime location offers the very best walkable amenities, parks, trail access, and stunning views. The Property’s direct Interstate-70 access and proximity to 6th Avenue Freeway and C-470 loop allow tenants to compress commute times from several communities surrounding Denver, allowing employers to attract talent from the entire region. Additionally, Cole Center is proximate to major employment centers such as the Denver Federal Center, the National Renewable Energy Lab, The Colorado School of Mines, Union Square, and Denver West. Cole Center’s excellent investment profile, market leading amenities, and prime location offer investors a unique opportunity to acquire a well-positioned asset with a solid future cash flow stream.

Investment Highlights

  • 7.9 Year WALT
  • Investment Grade Tenancy
  • Recently Renovated
  • Class A Office Campus With Differentiating Amenities
  • Premier Proximity and Accessibility
  • Supply Constrained Market
Last Updated Date: 21 Oct 2020
Larry Thiel
Larry Thiel
Managing Director, Capital Markets
License details
CO-FA.040030452
Jason Schmidt
Jason Schmidt
Managing Director, Capital Markets
License details
CO-EA.001324797

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Last Updated Date: 21 Oct 2020

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