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The Grand Central Building 1601 17th St 35,045 SF 100% Leased Office Building Denver, CO 80202 $14,800,000 ($422.31/SF) 6.69% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Downtown Denver, two-tenant building near transit
  • High pedestrian and vehicular traffic flow for maximum exposure
  • Surrounded by thriving retail, dining, and business amenities
  • Modern building with excellent visibility and signage opportunities
  • Half-block from major transit station for unmatched connectivity

EXECUTIVE SUMMARY

Positioned in the heart of downtown Denver, 1601 17th Street offers an exceptional opportunity for investors seeking a premier location in one of the city’s most dynamic corridors. While situated within the historic district, the building itself is modern, providing flexibility for a range of uses without the constraints of historic designation. This property benefits from high traffic counts and strong visibility, making it ideal for businesses that value exposure and accessibility. It's a two-tenant building.
Just a half-block from a major transit station, the site ensures seamless connectivity to the entire metro area, attracting both local and regional visitors. The surrounding neighborhood is a hub of activity, featuring upscale dining, retail, and corporate offices that drive consistent foot traffic throughout the day. Its strategic location places it within walking distance of Union Station, LoDo’s entertainment venues, and numerous residential developments, creating a built-in customer base and workforce population.
Whether you’re targeting retail, office, or mixed-use concepts, this property delivers a rare combination of convenience, visibility, and growth potential in one of Denver’s most sought-after districts. Investors will appreciate the strong fundamentals of the area, including robust demographics, ongoing development, and proximity to major transportation arteries.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Building Size
35,045 SF
Building Class
B
Year Built/Renovated
1894/1982
Price
$14,800,000
Price Per SF
$422.31
Cap Rate
6.69%
NOI
$990,120
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
11,682 SF
Building FAR
2.51
Lot Size
0.32 AC
Zoning
B-7 - Mixed use commercial

AMENITIES

  • Food Service
  • Signage
  • Kitchen
  • Central Heating
  • Outdoor Seating
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Information
  • 32,797 SF
  • -
  • Triple Net
  • -

DISH Network Corporation is a connectivity company. Since 1980, it has served as a disruptive force, driving innovation and value on behalf of consumers. Through its subsidiaries, the company provides television entertainment and award-winning technology to millions of customers with its satellite DISH TV and streaming SLING TV services. In 2020, the company became a nationwide U.S. wireless carrier through the acquisition of Boost Mobile. DISH continues to innovate in wireless, building the nation's first virtualized, O-RAN 5G broadband network. DISH Network Corporation (NASDAQ: DISH) is a Fortune 200 company.

  • quetzalcoatl financial llc
  • Accommodation and Food Services
  • 2,248 SF
  • $29.00
  • Triple Net
  • Oct 2034
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Information 32,797 SF - Triple Net -
quetzalcoatl financial llc Accommodation and Food Services 2,248 SF $29.00 Triple Net Oct 2034
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (88)
Bike Score®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2331-05-005
Land Assessment
$1,410,150
Improvements Assessment
$1,733,960
Total Assessment
$3,144,110
  • Listing ID: 36909763

  • Date on Market: 7/24/2025

  • Last Updated:

  • Address: 1601 17th St, Denver, CO 80202

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