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Downtown Office Complex
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1515 Arapahoe St, Denver, CO 80202

Park Central is a three-tower office complex with a steel frame and an outdoor courtyard on the second floor.

Space Size15,031 SF
Lot Size2.44 Acres
Days on Market138

Property Features for 1515 Arapahoe St

General Information

Standard status Active
Size 15,031 SF
Lot size 2.44 Acres
Property subtype OFFICE
Zoning B-5

Amenities

outdoor courtyard

Spaces For Lease

at 1515 Arapahoe St Contact us

1515 Arapahoe St $27 – $29/SF/Yr

Floor
4
Size
15,031 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Park Central is situated on 2.44 acres and zoned B-5 in the City and County of...
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Listing Agency: Cushman & Wakefield | Denver
Listed By: C. Douglas Wulf
Source: Moodyscre
Added: Apr 9 Changed: Aug 23 Last Checked: Aug 24 at 1:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Denver

Investment Insights

Based on property information with market context.

Park Central is a large downtown office complex on 2.44 acres, zoned B-5 in the City and County of Denver. The property consists of three towers with 16 floors in Tower 1, eight floors in Tower 2, and 11 floors in Tower 3. The building entrance faces the 16th Street Pedestrian Mall, and the complex features an outdoor courtyard centered among the three towers and located on the second floor.

The structure is a steel frame with lightweight concrete over corrugated steel decking at slab. Metal-clad columns and beams connect open areas beneath the buildings, and the exterior skin is black anodized aluminum with a black glass curtain wall. The complex is designed as a modular assembly with sections stepping up and down in alignment with a Cartesian geometry expression.

Key Highlights

  • Park Central office complex on 2.44 acres, zoned B‑5 (City and County of Denver).
  • 557,064 SF three‑tower office building with 16 floors in Tower 1, 8 floors in Tower 2, and 11 floors in Tower 3.
  • Building entrance faces the 16th Street Pedestrian Mall that spans the downtown business district.

Property Analytics

Current Use

Tick Stephen D Law Firm Park Central Parking ... Parking Lot & Garage Jarcom Television Television Studio one belleview station Gas Station MarkWest Energy Partners, ... Gas Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Restaurant Adult Day Care Pet Grooming Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

13,362
Businesses Nearby

Demographics for 80202, CO

19,606
Population
14,394
Households
1.4
Avg Household Size
34
Median Age
72%
College-Educated
96%
High-School Grad
1.2 sq mi
ZIP Area
16,338
Density / Sq Mi
$110,372
Median Household Income
$80,331
Median Earnings
$2,246
Median Rent
$677,100
Median Home Value

Market

Lease Benchmarks for Denver, CO

$28.67 /SF/Yr
Avg Asking Price
$12–$42 /SF/Yr
Price Range
47,853 SF
Avg Space Size

This space is priced 6% below the average of $28.67 /SF/Yr.

Vacancy Rate% for Office in Denver, CO

14.5% 2019
17.4% 2020
19.3% 2021
21.8% 2022
23% 2023
25% 2024
26.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Park Central is a three-tower office complex with a steel frame and an outdoor courtyard on the second floor.
Where is this office building located?
The property is located at 1515 Arapahoe St Denver, CO.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: Park Central office complex on 2.44 acres, zoned B‑5 (City and County of Denver).; 557,064 SF three‑tower office building with 16 floors in Tower 1, 8 floors in Tower 2, and 11 floors in Tower 3.; Building entrance faces the 16th Street Pedestrian Mall that spans the downtown business district.
(303) 292-3700 Call to check price and availability
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