Burns & Wilcox Center

Property Type Office - General Office
Property Size 96,269 SF
Lot Size 5.27 Acre
Parking Spaces Avail. 481
Parking Ratio 5.00/ 1,000 SF
Property Tenancy Multi-Tenant
LEED Certified
Building Class A
Year Built 1999

Location

Map
Street

City Centennial, CO
Neighborhood Heritage Place
Zip Code 80111
Market Denver

Contacts

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Owner

True Owner
Registered Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

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Documents

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Sales

Purchase Date 22 Dec, 2011
Purchase Price
Arm's Length True
Buyer Name

Mortgages

Current Lender
Loan Amount
Loan Origination Date
Loan Maturity Date

Market Trends

Average Actual Rents in Centennial

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Centennial Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $23.98
2020 Office Vacancy Rate 10.25%
2020 Office Completions (SF)

Centennial Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

2020 Avg. Price per SF $143.64
Y-o-Y Avg. PpSF Change -23.93%
2020 Office Sales Volume $36.2M
2020 Number of Transactions 5

View more Centennial market trends

Tax

Property Tax in 2021-2022 $806,216
Market Value* $29,649,195
Assessed Value $29,649,195

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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Burns & Wilcox Center?

Burns & Wilcox Center totals 96,269 square feet.

When was this property built?

Burns & Wilcox Center was built in 1999.

When was Burns & Wilcox Center last sold?

Burns & Wilcox Center was last sold on 22 Dec, 2011.

What is the property tax for Burns & Wilcox Center?

The property tax for Burns & Wilcox Center in 2021-2022 was $806,216.

What is the market value for Burns & Wilcox Center?

The market value* for Burns & Wilcox Center in 2021-2022 was $29,649,195.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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