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Property profile & analytics
FOR LEASE
Office buildings

950 Cherry St Denver, CO 80246

239,349 SF 1.85 ac lot Built 1982
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US13-0986003
Property summary
AI-generated overview

Cherry Tower, a prestigious Class A, 16-story office building in Glendale's Colorado Blvd/Glendale submarket, offers 226,195 square feet of space. Built in 1982 and extensively renovated in 2021, this iconic high-rise boasts dramatic mountain and city views. The building features flexible floor plates ranging from 820 to 25,353 contiguous square feet, accommodating businesses of all sizes. Currently, 107,716 square feet is available in 17 suites. Amenities include a prestigious, 2021-renovated lobby, on-site security and concierge services, on-site management and ownership, covered and executive parking options, abundant visitor parking, bike and building storage, a tenant-only fitness facility with showers and lockers, and a 40-person training room. A unique outdoor tenant pavilion provides a flexible work environment. Recent upgrades include renovated DDC controls for enhanced tenant comfort, and future improvements encompass charging stations and upgraded fitness equipment. Top-of-building signage is available, offering excellent visibility from Colorado Boulevard. The building's location is ideal, adjacent to Infinity Park, a 16-acre recreation and entertainment hub, and within walking distance of hotels, restaurants, retail, and professional services. Easy accessibility from all directions ensures convenient commutes. Approximately 25% of the building's window line offers unobstructed western views of the Rocky Mountains. The building sits on 1.85 acres of land and has a 2.81 FAR.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1982
Construction CONCRETE
Total area 239,349 SF
Lot 1.85 ac (80,500 SF)
Zoning code S-MX-8
APN 06183-00-024-000
UPID US13-0986003
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
  • Deborah Holden, Ph.D. Retired Medical Clinic Physician
  • Jennifer Harned Adams Physician Medical Clinic
  • The Foot Medics Dental Office
  • Dr. Sharon Dickerson DDS - Holistic & Biological Dentistry Dental Office
  • Lee Hockman, Psy.D. Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$18.55M
Blend (final) Blend
$18.06M
Owner & transaction history
Goodman Cherry Tower LLC · 8 yrs held
Goodman Cherry Tower LLC
since 2017
5 recorded transactions
2018
Price N/A
2018
Price N/A
2017
$28.9M
2014
$21.2M
2006
Price N/A
Zoning & alternative use
S-MX-8 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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