Grand Central Building

Off-Market

1701 Wazee Street, Denver, CO 80202

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 45,128 SF
  • Lot Size 0.36 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1903

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • 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 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.

  • 2021 Avg. Asking Rent $34.93
  • 2021 Office Vacancy Rate 20.00%
  • 2021 Office Completions (SF) 1,640,872

Denver Office Sales Trends

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

  • 2021 Avg. Price per SF $320.65
  • Y-o-Y Avg. PpSF Change 23.55%
  • 2021 Office Sales Volume $954.5M
  • 2021 Number of Transactions 24
View more Denver market trends

Location

Getting Around

  • Walk Score ®

    93/100 Walker's Paradise
  • Transit Score ®

    90/100 Rider's Paradise
  • Bike Score ®

    90/100 Biker's Paradise
Powered by Walk Score ®
  • City Denver, CO
  • Neighborhood LoDo
  • Zip Code 80202
  • Market Denver

Points of Interest

  • Union Station

    0.12 miles

  • Union Station Light Rail Plaza

    0.30 miles

  • 18th & Stout

    0.55 miles

  • 16th & Stout

    0.55 miles

  • Theatre District / Convention Center

    0.62 miles

  • 18th & California

    0.62 miles

  • 16th & California

    0.63 miles

  • Ball Arena / Elitch Gardens

    0.64 miles

  • 20th & Welton

    0.71 miles

  • Colfax at Auraria

    0.87 miles

  • Chestnut Public Parking Lot

    0.37 miles

  • eVgo

    0.65 miles

  • Shell

    0.93 miles

  • Jenny's Market

    0.95 miles

  • Speer and Zuni Conoco

    0.96 miles

  • Shell

    0.96 miles

  • 7-Eleven

    1.18 miles

  • Phillips 66

    1.21 miles

  • 7-Eleven

    1.29 miles

  • Safeway

    1.39 miles

  • Music Garage

    0.09 miles

  • DaVita Parking Garage

    0.27 miles

  • Park Larimer Square

    0.31 miles

  • Independence Plaza Garage

    0.39 miles

  • Ball Arena Corolla Lot

    0.42 miles

  • Ball Arena Tundra Lot

    0.42 miles

  • Ball Arena Tacoma Lot

    0.45 miles

  • Ball Arena TRD Pro Lot

    0.46 miles

  • Flour Mill Lofts Parking

    0.50 miles

  • Denver Performing Arts Complex Parking Garage

    0.53 miles

  • Oxford Hotel

    0.04 miles

  • The Crawford Hotel

    0.08 miles

  • Hotel Born

    0.17 miles

  • Kimpton Hotel Born

    0.18 miles

  • Hotel Indigo Denver Downtown-Union Station

    0.22 miles

  • The Rally Hotel

    0.23 miles

  • The Westin Denver Downtown

    0.31 miles

  • Hilton Garden Inn

    0.35 miles

  • Hostel Fish

    0.37 miles

  • Ritz Carlton Hotel

    0.41 miles

  • Mangiamo Pronto!

    0.02 miles

  • Jax Fish House

    0.03 miles

  • Venice Ristorante

    0.03 miles

  • Urban Farmer

    0.04 miles

  • Machete Tequila + Tacos

    0.04 miles

  • Avelina

    0.05 miles

  • Plaza Beer Garden

    0.06 miles

  • Ultreia

    0.07 miles

  • The Cooper Lounge

    0.07 miles

  • Hopdoddy Burger Bar

    0.07 miles

  • Turing School of Software & Design

    0.21 miles

  • University of the Rockies

    0.26 miles

  • Facility For Advanced Spatial Technology

    0.51 miles

  • Metropolitan State University of Denver

    0.70 miles

  • University Prep – Arapahoe Street

    0.73 miles

  • Emily Griffith High School

    0.84 miles

  • Montessori Academy Of Colorado

    0.85 miles

  • University of Colorado Denver

    0.86 miles

  • Polaris At Ebert Elementary School

    0.91 miles

  • Escuela De Guadalupe

    0.94 miles

  • Bright Horizons

    0.46 miles

  • Catholic Charities Margery Reed Day Care Center

    1.01 miles

  • Little Saints Day Care

    1.58 miles

  • Mile High Montessori Early

    1.68 miles

  • Explore and Discover Childcare

    1.84 miles

  • Steele Cooperative Preschool

    1.90 miles

  • A Plus Kids Child Care

    1.90 miles

  • Sunshine Academy

    2.16 miles

  • The Goddard School

    2.21 miles

  • Tiny Hearts Academy

    2.94 miles

Frequently Asked Questions

What is the total square footage of Grand Central Building?

Grand Central Building totals 45,128 square feet.

When was this property built?

Grand Central Building was built in 1903.

What is the property tax for Grand Central Building?

The property tax for Grand Central Building in 2022 was $246,031.

What is the market value for Grand Central Building?

The market value* for Grand Central Building in 2022 was $11,369,700.
*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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