Elephant Corral 1 - office in Denver, CO
Office

Elephant Corral 1

1444 wazee st denver, co, 80202, denver, CO 80202

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Medium Confidence
Low
$23.50/SF
Mid
$36.00/SF
High
$39.00/SF
Tier Used
direct_comps

Based on 6 comparable office sale listings in the area.

Tier Resolution Trace
Tier 1success6 compsselected
Cost Breakdown
ComponentValueDetailSource
Base Rent$36.00/SFdirect_comps
Utilities0.5¢/kWhOpenEI URDB
Property Tax0.0% eff. rateAPI Ninjas
Labor Index$2001/wkBLS QCEW
Source Provenance (1)
SourceTypeCountYearFreshnessPeer
OpenSearch Listingscomparable_listings6real-time
Data sources used
listings

Description

Now available for lease, office Elephant Corral 1 located at 1444 Wazee St Denver, Colorado 80202. Available square footage 1,608 - 3,214 SF.

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

Location

1444 wazee st denver, co, 80202, denver, CO 80202

Marker
Leaflet © OpenStreetMap contributors

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 sale in Denver, CO to benchmark pricing and space — view the full market.

Unified Estimate

High Confidence
$94.78/SF-$112.66/SF
Mid: $111.50/SF

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

Sale Price History

2023 – 2026 · county sold comps + market trendsFIPS 08031

High Confidence
  • Avg Rent ($/SF/yr) (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.

Financing Assumptions

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

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

Sold median $172/SF is 23.7% above asking avg $139/SF

Source: denver_assessor_co · County FIPS: 08031

Assumptions
  • Interest rate: 6.47% (FRED live)
  • Loan term: 25 years
  • Down payment: 25.0%
  • Market comparison: office in denver, CO

More Office for Sale in Denver, CO(5)

Contact Broker

Andrew Willson

Andrew Willson

Listed by

JLL