1020 Cherokee Brochure

Page 1

1020 Cherokee DENVER, COLORADO 80204

Great owner / user opportunity in the Golden Triangle

7,445 SF for Sale

$1,750,000 ($235.00 / SF)

Brick and timber barrel roof building Office or retail use


Property overview: Property address

1020 Cherokee Street

Use

Office

Building status

Built in 1966 / renovated in 2000

Construction type

Masonry

Land size

0.17 AC

Expenses

Estimated at $8.00 / s.f.

Parking

Adjacent surface parking available

Zoning

D - GT


Parking survey: 1. 65 W. 12th Ave.

Max Daily: $10 — Monthly Rate: $100 Central Parking: 303-861-3032 12th / Broadway / Acoma

9.

1265 Bannock Street

2. 62 W. 12th Ave.

Max Daily: $12 — Monthly Rate: $90 Standard Parking: 303-861-3032 Delaware after 14th

10. 1318 Cherokee Street

Max Daily: $8 — Monthly Rate: $132 Central Parking: 303-292-1953 Bannock / 13th

3. 1295 Delaware Street

Max Daily: $4 — Monthly Rate: $80 ABM: 303-573-8121 Delaware / 13th

11.

Max Daily: $7 — Monthly Rate: $90 NDC Parking: 303-378-0851 Cherokee / 13th

4. 1256 Delaware Street

Max Daily: $6 — Monthly Rate: $70 Central Parking: 303-292-1953 Delaware / 13th

12. 1360 Cherokee Street

Max Daily: $8 — Monthly Rate: $132 Central Parking: 303-292-1953 Bannock / 13th

5. 1248 Delaware Street

Max Daily: $4 — Monthly Rate: N/A Star Park: 303-830-6709 Delaware / 13th

13. 1329 Bannock Street

Max Daily: $8 — Monthly Rate: $85 Time: 303-893-1414 Bannock / 13th

6. 1235 Cherokee Street

Max Daily: $7 — Monthly Rate: $85 Time Parking: 303-495-0246 (303-893-1414) 13th / Cherokee; Cherokee / 12th

14. 1345 Bannock Street

Max Daily: $8 — Monthly Rate: N/A Public Works Parking Operations: 303-297-8912 Bannock / 13th

7. 1250 Cherokee Street

Max Daily: $5 — Monthly Rate: $85 Central Parking: 303-292-1953 Cherokee / 12th

15. 1306 N. Speer Blvd

Max Daily: $7 — Monthly Rate: N/A Central Parking: 303-861-3032 13th Street / Fox Street

8. 1268 Cherokee Street

Max Daily: $5 — Monthly Rate: N/A Sabus Properties: 303-534-1435 Cherokee / 12th

16. 951 Bannock Street Max Nightly: $5 — Monthly Rate: N/A Nightly Parking: 6pm - 6am RPM Companies: 303-571-1011 N. Speer Blvd / Bannock Street

1326 Cherokee Street

Max Daily: $8 — Monthly Rate: N/A Time Parking: 303-595-0246 (303-893-1414)

14TH AVE

13TH AVE

DENVER ART MUSEUM 12TH AVE

11TH AVE

Subject property

R

EE

SP

10TH AVE

VD BL


COLFAX AVE

BROADWAY

VD BL

CHEROKEE ST

R EE SP

SUNKEN GARDENS PARK 8TH AVE

Market overview: Currently, there are very few standalone buildings for sale in the Central Denver Submarket. There continues to be strong demand from users to purchase well located and functional properties using financing with the SBA Lending program. Lease rates have been steadily increasing in Central Denver and this is driving tenants to consider a building purchase instead of the traditional lease model.

6TH

For information, please contact: Ryan Arnold +1 303 390 5233 ryan.arnold@am.jll.com

James Roupp +1 303 217 7947 james.roupp@am.jll.com


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