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Property profile & analytics
FOR LEASE
Office buildings
720 S Colorado Blvd Denver, CO 80246
Entity Owned
~
Est. High Equity
Property ID
US13-0854806
For Lease
Contact for pricing
720 S Colorado Blvd, Denver, CO 80246
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Property summary
AI-generated overview
The Galleria Office Towers, a Class B, 13-story complex in Denver, CO (80246), offers 5,720,377 square feet of executive office and commercial space. Built in 1975 and renovated in 2023, this impressive building boasts 244,675 square feet of currently vacant space, divisible into units ranging from 722 to 32,694 contiguous square feet. Located at 720 S Colorado Blvd, the property provides convenient access to Colorado Blvd, South Cherry Creek Drive, and I-25. Tenants enjoy spectacular views from the gold-tone, reflective glass towers and benefit from ample parking (a 3:1,000 ratio). On-site amenities include a health club, deli, and conference facilities, along with dedicated management staff. The Galleria's central location in Belcaro offers proximity to numerous retail and restaurant options in Cherry Creek, Glendale, and Downtown Denver. This exceptional property presents a unique opportunity for businesses seeking high-quality office space in a vibrant and convenient location.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Construction
STEEL FRAME
Total area
545,684 SF
Lot
6.62 ac (288,490 SF)
Zoning code
PUD
APN
1973-18-3-03-014
UPID
US13-0854806
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Eryn Henderson / Henderson Home Group Real Estate Agency
-
Tony Jarrett Attorney at Law Law Firm Child Welfare Organization
-
The Law Office of Jacob E. Martinez Law Firm
-
Planet Fitness Gym & Fitness Center
-
Vista Neuropsychology; Connie Jacocks, PhD, ABPP-CN Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$79.21M
Blend (final)
Blend
$59.21M
Owner & transaction history
Galleria Acquisition INC
Galleria Acquisition INC
1 recorded transaction
Zoning & alternative use
PUD · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$59.21M
Range $53.29M – $65.13M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$109 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,474,373
Tax year 2023
Assessed value
$17,383,374
Assessed 2023
Previous assessed
$17,690,000
-1.7% YoY
Effective rate
8.48%
On assessed value
Land market value
$18,751,850
Improvement market value
$43,554,150
Total market value
$62,306,000
Applied tax rate
665.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1976
Construction
STEEL FRAME
Heating
NONE
Buildings
4
Stories
1
Bathrooms
21
Total area
545,684 SF
Lot
6.62 ac (288,490 SF)
Zoning code
PUD
APN
1973-18-3-03-014
UPID
US13-0854806
Jurisdiction
ARAPAHOE
Zoning & alternative use
PUD · Denver, CO
Zoning PUD · permitted uses
PUD · Denver, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denver. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
4
Bathrooms
21
Lot
6.62 ac
Current owner
From public records · entity-resolved
Galleria Acquisition INC
Entity
Mailing address
720 S COLORADO BLVD188A, GLENDALE, CO 80246-1904
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Galleria Acquisition INC
—
Deed Of Trust
related
$35,000,000 · Tacoma Investments Ltd
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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