Wellington E. Webb Municipal Office Building

Off-Market

201 West Colfax Avenue, Denver, CO 80202

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

  • Property Type Office - Government Office
  • Property Size 704,000 SF
  • Lot Size 2.42 Acre
  • Parking Spaces Avail. 577
  • Parking Ratio 0.82 / 1,000 SF
  • Property Tenancy Single Tenant
  • LEED Certified Gold
  • Building Class A
  • Year Built 1968

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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Brokers

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Documents

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Sales

  • Purchase Date 26 Jul, 2000
  • 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 ®

    99/100 Walker's Paradise
  • Transit Score ®

    82/100 Excellent Transit
  • Bike Score ®

    95/100 Biker's Paradise
Powered by Walk Score ®
  • City Denver, CO
  • Neighborhood Downtown Denver
  • Zip Code 80202
  • Market Denver

Points of Interest

  • 16th & California

    0.31 miles

  • Theatre District / Convention Center

    0.39 miles

  • 16th & Stout

    0.39 miles

  • 18th & California

    0.40 miles

  • 18th & Stout

    0.49 miles

  • 20th & Welton

    0.52 miles

  • Colfax at Auraria

    0.64 miles

  • 25th & Welton

    1.02 miles

  • 10th & Osage

    1.04 miles

  • Union Station

    1.05 miles

  • Circle K

    0.60 miles

  • 7-Eleven

    0.67 miles

  • Shell

    0.75 miles

  • Conoco

    0.80 miles

  • 7-Eleven

    1.08 miles

  • Sinclair

    1.11 miles

  • 7-Eleven

    1.21 miles

  • Conoco

    1.24 miles

  • Chestnut Public Parking Lot

    1.26 miles

  • Conoco

    1.26 miles

  • Alpha Park

    0.11 miles

  • Tremont Garage

    0.11 miles

  • Central

    0.14 miles

  • Pavilions Valet Parking

    0.19 miles

  • 410 17th Street Parking Garage

    0.20 miles

  • Denver Justice Center Parking Garage

    0.26 miles

  • SP+

    0.29 miles

  • James Merrick State Parking Facility

    0.31 miles

  • California Street Parking Garage

    0.36 miles

  • Art Institute of Colorado Parking Garage

    0.40 miles

  • Sheraton Denver Downtown Hotel

    0.11 miles

  • Sonesta Denver Downtown

    0.14 miles

  • Staybridge Suites Denver Downtown

    0.15 miles

  • Hyatt Place Denver/Downtown

    0.16 miles

  • Hilton Garden Inn

    0.21 miles

  • Homewood Suites by Hilton Denver Downtown-Convention Center

    0.21 miles

  • The Brown Palace Hotel and Spa, Autograph Collection

    0.26 miles

  • Holiday Inn Express Denver Downtown

    0.26 miles

  • Hyatt Regency Denver at Colorado Convention Center

    0.27 miles

  • The Cambridge

    0.30 miles

  • Zoup!

    0.09 miles

  • Hacienda Colorado

    0.12 miles

  • McDonald's

    0.12 miles

  • Jimmy John's

    0.14 miles

  • Maggiano's Little Italy

    0.14 miles

  • Yard House

    0.15 miles

  • Noodles & Company

    0.15 miles

  • Liang's Thai

    0.17 miles

  • 5280 Burger Bar and Creamery

    0.18 miles

  • The Delectable Egg

    0.18 miles

  • Emily Griffith High School

    0.41 miles

  • Compassion Road Academy High School

    0.60 miles

  • University of the Rockies

    0.68 miles

  • West Denver High School

    0.69 miles

  • Morey Middle School

    0.72 miles

  • Greenlee Elementary School

    0.73 miles

  • Polaris At Ebert Elementary School

    0.74 miles

  • Facility For Advanced Spatial Technology

    0.74 miles

  • Metropolitan State University of Denver

    0.78 miles

  • Ace Community Challenge Charter School

    0.79 miles

  • Bright Horizons

    0.61 miles

  • Little Saints Day Care

    1.29 miles

  • Catholic Charities Margery Reed Day Care Center

    1.35 miles

  • Mile High Montessori Early

    1.98 miles

  • Sunshine Academy

    2.39 miles

  • Explore and Discover Childcare

    2.58 miles

  • Steele Cooperative Preschool

    2.79 miles

  • BabyTopia

    2.82 miles

  • A Plus Kids Child Care

    2.84 miles

  • The Goddard School

    3.09 miles

Frequently Asked Questions

What is the total square footage of Wellington E. Webb Municipal Office Building?

Wellington E. Webb Municipal Office Building totals 704,000 square feet.

When was this property built?

Wellington E. Webb Municipal Office Building was built in 1968.

When was Wellington E. Webb Municipal Office Building last sold?

Wellington E. Webb Municipal Office Building was last sold on 26 Jul, 2000.

What is the market value for Wellington E. Webb Municipal Office Building?

The market value* for Wellington E. Webb Municipal Office Building in 2022 was $175,873,000.
*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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