Corner Office Suite with Executive
For Sale
Contact for pricing
730 East 17th Avenue, Denver, CO 80203
Corner office suite with windows facing Stout St, hardwood floors, and remodeled executive finishes in a historic building.
Property Size1,683 SF
Price / SF$267.38
Days on Market58
Property Features for 730 East 17th Avenue
General Information
Standard status
Active
Size
1,683 SF
Property subtype
Office
Zoning
CBD
Investment Type
Owner/User
Building Details
Year Built
1892
Year Renovated
2006
Buildings
1
Units
92
Listing Agency:
Berkshire Hathaway HomeServices Colorado Real Estate
(303) 591-8771
Listed By:
John Dovenbarger · License #CO-EA1318931
Source:
Crexi
Added: Jul 6
Changed: Aug 8
Last Checked: Aug 30 at 10:01PM
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 Berkshire Hathaway HomeServices Colorado Real Estate
Investment Insights
Based on property information with market context.
Built in 1892, The Equitable Building offers a corner office suite (Unit 370) with windows facing Stout St. The space features hardwood floors and is described as exquisitely remodeled with executive finishes. The building supports tenants with a fitness center, a common conference room, locker storage, and a separate freight elevator.
Building hours are 7:00 AM to 6:00 PM Monday through Friday and 7:00 AM to 3:00 PM on Saturday. Onsite maintenance and security are provided, and the workspace is pet-friendly.
This suite is positioned as a polished, move-in-ready office option within a distinctive, historic downtown-era property.
Building hours are 7:00 AM to 6:00 PM Monday through Friday and 7:00 AM to 3:00 PM on Saturday. Onsite maintenance and security are provided, and the workspace is pet-friendly.
This suite is positioned as a polished, move-in-ready office option within a distinctive, historic downtown-era property.
Key Highlights
- Corner office suite (Unit 370) with windows facing Stout St in the Equitable Building
- Built in 1892—historic building with a distinct character in downtown Denver
- Hardwood floors and exquisitely remodeled executive finishes
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,659
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$493,180
$493.2K
Cap Rate 7%
$352,271
$352.3K
Cap Rate 9%
$273,989
$274.0K
Market Conditions
NOI Build-Up for 1,683 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$44.4K $26.40/SF
− Vacancy
−$11.6K −$6.86/SF
EGI
$32.9K $19.54/SF
− OpEx
−$8.2K −$4.88/SF
NOI
$24.7K $14.65/SF
Area
Denver, CO
Vacancy
26.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$493,180
Cap Rate 7%
$352,271
Cap Rate 9%
$273,989
Alternative Uses
Best Use
Office B
$352.3K
$308.2K – $411.0K
NOI $24,659 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$535.8K
$468.8K – $625.1K
NOI $37,503 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,592
Businesses Nearby
Explore this area
Business Placement
Demographics for 80203, CO
22,883
Population
16,887
Households
1.4
Avg Household Size
33
Median Age
69%
College-Educated
97%
High-School Grad
1.1 sq mi
ZIP Area
20,803
Density / Sq Mi
$74,654
Median Household Income
$59,229
Median Earnings
$1,569
Median Rent
$462,500
Median Home Value
Market
Vacancy Rate% for Office in Denver, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Corner office suite with windows facing Stout St, hardwood floors, and remodeled executive finishes in a historic building.
Where is this office units located?
The property is located at 730 East 17th Avenue Denver, CO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Corner office suite (Unit 370) with windows facing Stout St in the Equitable Building; Built in 1892—historic building with a distinct character in downtown Denver; Hardwood floors and exquisitely remodeled executive finishes
