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1600 Pennsylvania St 6,915 SF 100% Leased Office Building Denver, CO 80203 $1,900,000 ($274.77/SF) 8.37% Cap Rate
Investment Highlights
- All leases are 1 year rollover, many of the 16 tenants renew yearly several years in a row. Primarily men's and women's health caregivers, very calm
Executive Summary
Property is currently (2nd Qtr. 2026) 100% occupied. All tenants are on 12 month rollover leases which are very popular with many of the tenants staying multiple years. Property is in great shape having gone thru rectifying significant deferred maintenance issues when purchased by present owner in 2021.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,915 SF
Building Class
C
Year Built/Renovated
1925/2021
Price
$1,900,000
Price Per SF
$274.77
Cap Rate
8.37%
NOI
$159,043
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,729 SF
Slab To Slab
11’
Building FAR
1.76
Lot Size
0.09 AC
Zoning
C-MX-5 - Mixed use up to 5 stories
1 1
Very walkable
80/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2349-20-012 | Total Assessment | $294,790 (2025) |
| Land Assessment | $205,820 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $205,820 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
2349-20-012
Land Assessment
$205,820 (2025)
Improvements Assessment
$205,820 (2025)
Total Assessment
$294,790 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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1600 Pennsylvania St
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