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Gates Corporation World Headquarters

Off-Market

1551 Wewatta Street, Denver, CO 80202

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  • Property Type Office - General Office
  • Property Size 285,197 SF
  • Lot Size 0.88 Acre
  • Parking Spaces Avail. 655
  • Parking Ratio 2.30/ 1,000 SF
  • Property Tenancy Single Tenant
  • LEED Certified Gold
  • Building Class A
  • Year Built 2002

Location

  • Walk Score ® Walker's Paradise (91)
  • Transit Score ® Excellent Transit (88)
  • Bike Score ® Biker's Paradise (90)
Powered by Walk Score ®
  • City Denver, CO
  • Neighborhood LoDo
  • Zip Code 80202
  • Market Denver

Points of Interest

Union Station

0.16 miles

Union Station Light Rail Plaza

0.21 miles

Ball Arena / Elitch Gardens

0.44 miles

Theatre District / Convention Center

0.69 miles

16th & Stout

0.70 miles

18th & Stout

0.74 miles

16th & California

0.77 miles

18th & California

0.80 miles

Empower Field at Mile High

0.82 miles

Colfax at Auraria

0.84 miles

eVgo

0.45 miles

Chestnut Public Parking Lot

0.47 miles

Shell

0.75 miles

Speer and Zuni Conoco

0.75 miles

Shell

0.88 miles

Jenny's Market

1.05 miles

Safeway

1.17 miles

7-Eleven

1.19 miles

76

1.20 miles

Sinclair

1.21 miles

DaVita Parking Garage

0.06 miles

Ball Arena Corolla Lot

0.22 miles

Ball Arena Tacoma Lot

0.23 miles

Ball Arena Tundra Lot

0.25 miles

Ball Arena TRD Pro Lot

0.27 miles

Music Garage

0.30 miles

Park Larimer Square

0.34 miles

Ball Arena RAV4 Lot

0.39 miles

Ball Arena Disabled Parking

0.43 miles

Tivoli Auraria Parking Garage

0.46 miles

Kimpton Hotel Born

0.08 miles

Hotel Born

0.09 miles

The Crawford Hotel

0.18 miles

Oxford Hotel

0.20 miles

Hotel Indigo Denver Downtown-Union Station

0.28 miles

SpringHill Suites by Marriott Denver Downtown

0.35 miles

SpringHill Suites Denver Downtown

0.36 miles

Hilton Garden Inn

0.42 miles

The Rally Hotel

0.42 miles

The Westin Denver Downtown

0.48 miles

Taj Palace Food Truck

0.04 miles

Potbelly

0.06 miles

Honor Society Handcrafted Eatery

0.07 miles

Citizen Rail

0.08 miles

Anthony's Pizza & Pasta

0.08 miles

Tavernetta

0.10 miles

Fogo de Chão

0.10 miles

Marg's Taco Bistro

0.10 miles

Public School 303

0.10 miles

Sunday Vinyl

0.10 miles

Turing School of Software & Design

0.25 miles

University of the Rockies

0.40 miles

Facility For Advanced Spatial Technology

0.46 miles

Metropolitan State University of Denver

0.62 miles

University of Colorado Denver

0.76 miles

Donna Baldwin Modeling Agency

0.78 miles

Academy of Urban Learning High School

0.85 miles

Escuela De Guadalupe

0.88 miles

University Prep – Arapahoe Street

0.96 miles

Emily Griffith High School

1.03 miles

Bright Horizons

0.67 miles

Catholic Charities Margery Reed Day Care Center

1.22 miles

Explore and Discover Childcare

1.63 miles

Steele Cooperative Preschool

1.73 miles

Little Saints Day Care

1.81 miles

A Plus Kids Child Care

1.82 miles

Mile High Montessori Early

1.89 miles

Sunshine Academy

1.95 miles

The Goddard School

2.04 miles

Tiny Hearts Academy

2.71 miles

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 Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Denver

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
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Denver Office Market

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

  • 2020 Avg. Asking Rent $33.82
  • 2020 Office Vacancy Rate 13.55%
  • 2020 Office Completions (SF) 1,147,034

Denver Office Sales Trends

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

  • 2020 Avg. Price per SF $224.34
  • Y-o-Y Avg. PpSF Change -4.82%
  • 2020 Office Sales Volume $727.7M
  • 2020 Number of Transactions 14
View more Denver market trends

Tax

  • Property Tax in 2021 $4,946,169
  • Market Value* $180,259,100
  • Assessed Value $180,259,100

Find more tax info, including assessment history and abatements, on CommercialEdge

*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 Gates Corporation World Headquarters?

Gates Corporation World Headquarters totals 285,197 square feet.

When was this property built?

Gates Corporation World Headquarters was built in 2002.

What is the property tax for Gates Corporation World Headquarters?

The property tax for Gates Corporation World Headquarters in 2021 was $4,946,169.

What is the market value for Gates Corporation World Headquarters?

The market value* for Gates Corporation World Headquarters in 2021 was $180,259,100.
*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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