16M - office in Denver, CO
Office

16M

16m, denver, CO 80202

Price

Price on request

Price/Sq Ft

$38.00

Description

16M 3 levels of underground building parking · Fitness center · Private rooftop terrace · 9’6” high ceilings · Pursuing LEED-CS certification · Separate office and residential entries & amenities. Onsite restaurants include Dragonfly Noodle, Panera Bread and STK.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

16m, denver, CO 80202

Marker
Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeTriple Net (NNN)

Market Context

As of Q2 2017, the Denver office market showed average asking rents near $8.40/SF/yr. Source: multiple brokerages Q2 2017 market report.

Compare it against other office listings for lease in Denver, CO to benchmark pricing and space — view the full market.

Unified Estimate

High Confidence
$21.54/SF/mo-$28.16/SF/mo
Mid: $24.49/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Lease Rate & Market Trend

2023 – 2026 · county sold comps + market trendsFIPS 08031

High Confidence
  • Avg Rent ($/SF/mo) (market data)
  • Median $/SF (sold)
Q2 '17Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26$0$200$400$600$800
Market asking rent (quarterly avg)Median sale price / SFP25–P75 IQR band

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Market Employment Trend

YoY Growth:-0.2%
Avg Weekly Wage:$1,716

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population718,877
Median Income$95k↑ 27%
College Educated49.7%↑ 16.3pp
Median Age35.3 yrs
Median Home Value$616k
Unemployment4.9%↑ 1.3pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Sold Comps

Q1 2026
Median $/SF$172
Avg $/SF$188
25th–75th Percentile$142 – $226
Sample Size14 transactions
CountyDenver

Source: denver_assessor_co · County FIPS: 08031

Rent vs. Market

$38

35.6% above market average

Listed at $38.0/sqft/mo vs. market avg $28.02/sqft/mo

Assumptions
  • Market comparison: office in denver, CO

More Office for Lease in Denver, CO(5)

Documents

Contact Broker

Listed by

CBRE System Import