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OFFERING MEMORANDUM MICRO-HOTEL PROJECT FOR SALE 2837 W 25TH AVE DENVER, CO 80211 ANTHONY BOBAY Investment Advisor [email protected] 720.297.6667 ADAM RIDDLE Co-Founder/Principal [email protected] 303.257.7627

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Page 1: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

2837 WEST 25TH | DENVER, COLORADO | ARCHITECTURAL CONCEPTS | 03.15.2019 7

OPTION 02GABLED SECTIONS

OFFERINGMEMORANDUM

MICRO-HOTELPROJECT FOR SALE

2837 W 25TH AVEDENVER, CO 8021 1

ANTHONY BOBAYInvestment Advisor

[email protected]

ADAM RIDDLECo-Founder/Principal

[email protected]

Page 2: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

TABLE OF CONTENTS

• Property Overview

• Plans and Renderings

• Sold Comps

• Location Overview

Page 3: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

01PROPERTY OVERVIEW

Page 4: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

SITEOVERVIEW

SITE OVERVIEW

Price: $880,000

Parcel Size: 5,585 SF

Zoning: G-MS-3

Environmental Condition: Not completed

Mill Levy: 77.365

ALLOWABLE USES

1 Residential (For Sale)

2 Residential (For Rent)

3 Mixed Use

4 Hospitality

5 Office

6 Retail

ZONING SUMMARY

Max Height 40'

Alley Access Yes

Minimum Parking Requirements None

Page 5: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

DEVELOPMENTHIGHLIGHTS

Fantastic location in the heart of Jefferson Park.

Plans in place for 15 OR 16 unit micro hotel project.

Rare opportunity to build short-term rental product in highly restricted environment.

Flexible zoning allows for a variety of uses.

Great demographic make up.

Easy walking distance to many tourist and entertainment venues.

Page 6: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

02PLANS & RENDERINGS

Page 7: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

PLANS &RENDERINGS

2837 WEST 25TH | DENVER, COLORADO | PRELIMINARY PROGRAM ANALYSIS | 10.10.2018 6

FLOOR PLAN - PODS

A

1

5

32' -

0"

JB2' - 0" 18' - 6" 23' - 0" 23' - 8" 23' - 0" 13' - 2" 23' - 0" 23' - 8" 23' - 0" 1' - 0" 16' - 2"

C D E IHG

3

2

4' -

0"13

' - 6

"13

' - 6

"1'

- 0"

4

F K L174' - 0"

COURTYARDAMENITY32

' - 0

"

208 SFLOBBY

A

1

5

JB C D E IHG

3

2

4

F K

32'-

0"

174' - 0"

2' - 0" 18' - 6" 23' - 0" 23' - 8" 23' - 0" 13' - 2" 23' - 0" 23' - 8" 23' - 0" 1' - 0"

4' -

0"13

'- 6

"13

'- 6

"1'

-0"

L

21' - 10 3/4"

PROJ. NO.

DRAWN:

CHECKED:

DATE:

© OZ ARCHITECTURE

SCALE:SHEET NUMBER

SHEET TITLE:

ISSUED FOR:

APPROVED:

3003 Larimer StreetDenver, Colorado 80205

phone 303.861.5704www.ozarch.com

ARCHITECTURE®

10/1

0/20

18 5

:25:

09 P

MC

:\Rev

itLo

c alF

iles\

1 182

26.0

0_Ai

rBN

BP

roto

type

4_A 1

8_C

entra

l_cr

o kah

r.rvt

1/8" = 1'-0"

MIC

RO

HO

TEL

2837

W25

TH A

VED

EN

VE

R C

O 8

0211

118226.00

Author

Checker

2018/10/10

NOT FORCONSTRUCTION

FLOOR PLANS

A101

MICRO HOTEL

Approver

1/8" = 1'-0"1 LEVEL 1 FLOOR PLAN

1/8" = 1'-0"2 LEVEL 2 FLOOR PLAN

A

1

5

32'-

0"

JB2' - 0" 18' - 6" 23' - 0" 23' - 8" 23' - 0" 13' - 2" 23' - 0" 23' - 8" 23' - 0" 1' - 0" 16' - 2"

C D E IHG

3

2

4' -

0"13

'- 6

"13

'- 6

"1'

-0"

4

F K L174' - 0"

COURTYARDAMENITY32

'- 0

"

208 SFLOBBY

A

1

5

JB C D E IHG

3

2

4

F K

32' -

0"

174' - 0"

2' - 0" 18' - 6" 23' - 0" 23' - 8" 23' - 0" 13' - 2" 23' - 0" 23' - 8" 23' - 0" 1' - 0"

4' -

0"13

' - 6

"13

' - 6

"1'

- 0"

L

21' - 10 3/4"

PROJ. NO.

DRAWN:

CHECKED:

DATE:

© OZ ARCHITECTURE

SCALE:SHEET NUMBER

SHEET TITLE:

ISSUED FOR:

APPROVED:

3003 Larimer StreetDenver, Colorado 80205

phone 303.861.5704www.ozarch.com

ARCHITECTURE®

10/1

0/20

18 5

:25:

09 P

MC

:\Rev

itLo

c alF

iles\

1 182

26.0

0_Ai

rBN

BP

roto

type

4_A 1

8_C

entra

l_cr

o kah

r.rvt

1/8" = 1'-0"

MIC

RO

HO

TEL

2837

W25

TH A

VED

EN

VE

R C

O 8

0211

118226.00

Author

Checker

2018/10/10

NOT FORCONSTRUCTION

FLOOR PLANS

A101

MICRO HOTEL

Approver

1/8" = 1'-0"1 LEVEL 1 FLOOR PLAN

1/8" = 1'-0"2 LEVEL 2 FLOOR PLAN LEVEL 02

SCALE: 1/16” = 1’-0”

LEVEL 01SCALE: 1/16” = 1’-0”

WE

ST

25

TH

AV

E

2837 WEST 25TH | DENVER, COLORADO | PRELIMINARY PROGRAM ANALYSIS | 10.10.2018 9

FLOOR PLAN - SHOTGUN

A

1

5

31' -

9"

N174' - 0"

B

2' - 0" 12' - 11" 11' - 0" 16' - 1" 16' - 0" 16' - 0" 16' - 0" 16' - 0" 16' - 0" 16' - 0" 16' - 0" 19' - 6" 6"

E F G LKJ

3

2

4' -

0"21

' - 6

"5'

- 9"

6"

4

IHD MC

OUTDOORCOURTYARD

ENTRY

ENTRY

FIRE ACCESS & WALKWAY

A

1

5

NB E F G LKJ

3

2

4

4' -

0"21

' - 6

"5'

- 9"

6"

31' -

9"

2' - 0" 12' - 11" 11' - 0" 16' - 1" 16' - 0" 16' - 0" 16' - 0" 16' - 0" 16' - 0" 16' - 0" 16' - 0" 19' - 6" 6"

IHD MC14' - 11" 158' - 7"

ARCHITECTURE

URBAN DESIGN

INTERIOR DESIGN

Pg. A100UnnamedPROJECT NAME | STREET CITY STATE | NOT FOR CONSTRUCTION | 10/04/18

A

1

5

31' -

9"

N174' - 0"

B

2' - 0" 12' - 11" 11' - 0" 16' - 1" 16' - 0" 16' - 0" 16' - 0" 16' - 0" 16' - 0" 16' - 0" 16' - 0" 19' - 6" 6"

E F G LKJ

3

2

4' -

0"21

' - 6

"5'

- 9"

6"

4

IHD MC

OUTDOORCOURTYARD

ENTRY

ENTRY

FIRE ACCESS & WALKWAY

A

1

5

NB E F G LKJ

3

2

44'

- 0"

21' -

6"

5' -

9"6"

31' -

9"

2' - 0" 12' - 11" 11' - 0" 16' - 1" 16' - 0" 16' - 0" 16' - 0" 16' - 0" 16' - 0" 16' - 0" 16' - 0" 19' - 6" 6"

IHD MC14' - 11" 158' - 7"

ARCHITECTURE

URBAN DESIGN

INTERIOR DESIGN

Pg. A100UnnamedPROJECT NAME | STREET CITY STATE | NOT FOR CONSTRUCTION | 10/04/18

LEVEL 02SCALE: 1/16” = 1’-0”

LEVEL 01SCALE: 1/16” = 1’-0”

Page 8: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

2837 WEST 25TH | DENVER, COLORADO | PRELIMINARY PROGRAM ANALYSIS | 10.10.2018 10

MASSING ALTERNATIVES - SHOTGUN

BASIS

BROKEN

GABLE

STAGGERED

WEST 25TH AVE

WEST 25TH AVE

WEST 25TH AVE

WEST 25TH AVE

ELIOT ST.

ELIOT ST.

ELIOT ST.

ELIOT ST.

2837 WEST 25TH | DENVER, COLORADO | PRELIMINARY PROGRAM ANALYSIS | 10.10.2018 11

SAWTOOTH

COMBINATION

SHEDDING

WEST 25TH AVE

WEST 25TH AVE

WEST 25TH AVE

ELIOT ST.

ELIOT ST.

ELIOT ST.

MASSING ALTERNATIVES - SHOTGUN

CONSIDERATIONS

• 16 UNITS• NO PARKING SPACE• COMMON CORRIDOR (RATED AND MECH. SERVED)• REQUIRES AN ELEVATOR• ZERO OUTDOOR SPACE• EASIER TO BUILD• LOBBY• STAIRS• ‘FRONT DOOR’ • STREET PRESENCE• BUILDING COMPOSITION• RHTHYM• EXPRESSION• GETTING TO YOUR UNIT

PLANS &RENDERINGS

Page 9: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

PLANS &RENDERINGS

2837 WEST 25TH | DENVER, COLORADO | PRELIMINARY PROGRAM ANALYSIS | 10.10.2018 7

MASSING ALTERNATIVES - PODS

BASIS

STAGGERED

GABLE

CONTINUOUS

WEST 25TH AVE

WEST 25TH AVE

WEST 25TH AVE

WEST 25TH AVE

ELIOT ST.

ELIOT ST.

ELIOT ST.

ELIOT ST.

2837 WEST 25TH | DENVER, COLORADO | PRELIMINARY PROGRAM ANALYSIS | 10.10.2018 8

SHED

CONTINUOUS

WEST

WEST 25TH AVE

WEST 25TH AVE

WEST 25TH AVE

ELIOT ST.

ELIOT ST.

ELIOT ST.

MASSING ALTERNATIVES - PODS

CONSIDERATIONS

• 15 UNITS• 1 PARKING SPACE• BALCONIES• LARGE OUTDOOR SPACE• ZERO MECHANICAL REQ.• DYNAMIC SPACES• LOBBY• STAIRS• ‘FRONT DOOR’ • STREET PRESENCE• BUILDING COMPOSITION• RHTHYM• EXPRESSION

Page 10: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

2837 WEST 25TH | DENVER, COLORADO | ARCHITECTURAL CONCEPTS | 03.15.2019 5

OPTION 02GABLED SECTIONS

FLAT ROOF FORM ROOF IS PITCHED TO INCREASE HEIGHT

GABLE ADDED TO FURTHER INCREASE

VOLUME

FORMAL LOGIC

2837 WEST 25TH | DENVER, COLORADO | ARCHITECTURAL CONCEPTS | 03.15.2019 6

OPTION 02GABLED SECTIONS

BLACK STANDING SEAM METAL PANEL

GRAY PAINTED SHINGLE

ACCENT PAINTED HARDI PANEL

2837 WEST 25TH | DENVER, COLORADO | ARCHITECTURAL CONCEPTS | 03.15.2019 7

OPTION 02GABLED SECTIONS

PLANS &RENDERINGS

Page 11: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

2837 WEST 25TH | DENVER, COLORADO | PRELIMINARY PROGRAM ANALYSIS | 10.10.2018 16

MODULAR SHELVINGSYSTEM

SMALL SCALE CLOSET

SHOWER & TOILET ROOM

STORAGE SPACE

CONSIDERATIONS

FIRST IMPRESSIONLIVABILITY

FUCTIONALITYSTORAGE

ADDITIONAL FEATURES

SITTING AREA

PLATFORM BED

UNDER BED STORAGE

BUILT-IN DESK(EXTENSION OF COUNTER)

KITCHENETTE(SINK, REF, MICROWAVE)

UNIT STUDY

2837 WEST 25TH | DENVER, COLORADO | ARCHITECTURAL CONCEPTS | 03.15.2019 8

OPTION 02GABLED SECTIONS

PLANS &RENDERINGS

Page 12: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

NEIGHBORHOOD DESCRIPTION

Denver’s smallest neighborhood, Jefferson Park Denver is a mix of new townhomes, apartments,

& condos. With striking views of the city, an eclectic mix of Victorian homes, modern townhomes,

mixed-use developments, and walkable environment in close proximity to the Metro’s major

attractions, Jefferson Park stands above offering commuters and urban seekers the perfect place

to call home. “The Square at Jefferson Park” is a burgeoning business and dining district at the

corner of 25th and Eliot and is the new heart of the neighborhood. A thriving neighborhood

commercial area with local retail, restaurants, and a popular coffee shop. The area features

a quaint neighborhood pubs, restaurants, boutiques, salons, and shops.

Page 13: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

NEIGHBORHOOD MAPPARKS

1 Sloan's Lake

2 Jefferson Park

3 Viking Park

SCHOOL

4 North High School

5 CEC Early College

6 Brown Elementary School

7 Metro State University

GROCERY/STORE

8 Safeway

9 REI Flagship Store

RESTAURANT

10 Briar Common Brewery

11 Sarto's Italian

12 Federal Bar & Grill

13 Hidden Idol

14 Tacos El Paisa

15 Taqueria Mi Pueblo

16 Snarf’s Sandwiches

17 Federal Coffee

18 Sapor Coffee & Concepts

19 Little Machine Beer

ENTERTAINMENT / LIFESTYLE

20 Adams Mystery Playhouse

21 Mile High Stadium

22 Pepsi Center

23 Union Station

24 Denver Aquarium

25 Denver Children's Museum

26 Elitch Gardens

27 Denver Bikram Yoga

28 Purple Dragon

5

6

4

7

10

11

12

13

1419

1517

18

1624

26

20 23

21

27

28

2225

2

3

1

8 9

W. COLFAX AVE.

FED

ER

AL B

LVD

.

2837 W 25T H A V E

Page 14: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

AREA STREET MAP T H E S Q U A R E A T

J E F F E R S O N P A R K

E L L L E B . S A L O N

F O X A N D J A N E S A L O N

J E F F E R S O N P A R K P U B

V E S S E L

D E S E O S A L O N & B L O W D R Y

2914 C O F F E E

T H E P A N T R Y

T H E P A N T R Y

S E X Y P I Z Z A

E L C A Z O C O C I N A& C A N T I N A

F I F T H & H O U S T O NB O U T I Q U E

J E F F E R S O N P A R K F A R M & F L E A M A R K E T

ELLIOT ST

25th AVE

2837 W 25T H A V E

Page 15: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

03SOLD COMPS

Page 16: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

SOLD COMPARABLESProperty Address City Sale Price Total Parcel SF Zoning Mill Levy PPSF Date Sold Proposed Use

(dropdown)

(subject) 2837 W 25th Ave Denver $880,000 5,585 SF G-MS-3 77.365 $158 0 Residential (For Sale)

1 2739 W 24th Ave Denver $2,400,000 17,851 SF G-MU-3 77.365 $134 11/17/2017 Residential (For Sale)

2 2827 W 25th Ave Denver $1,750,000 12,245 SF G-MS-3 77.365 $143 8/25/2016 Mixed Use

3 2918 W 29th Ave Denver $5,000,000 35,388 SF G-MU-5 77.365 $141 7/1/2018 Hold For Development

Averages 0 0 0 18,715 SF N/A N/A $134 N/A N/A

3

1

2S

FED

ER

AL

BLV

D.

N. SPEER BLVD.

N. 26th AVE.

Page 17: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

04LOCATION OVERVIEW

Page 18: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

DEMOGRAPHICS CENSUS 2019 SUMMARY .25m .5m .75mPopulation 3,857 9,069 17,742

Households 1,715 4,185 8,216

Families 734 1,762 3,371

Average Household Size 2.25 2.16 2.14

Owner Occupied Housing Units 786 1,806 3,622

Renter Occupied Housing Units 929 2,379 4,594

Median Age 32.0 33.0 34.3

Median Household Income $60,470 $62,587 $65,317

Average Household Income $93,703 $95,744 $101,355

CENSUS 2024 SUMMARY .25m .5m .75mPopulation 4,621 10,716 20,679

Households 2,036 4,914 9,483

Families 874 2,074 3,919

Average Household Size 2.27 2.17 2.16

Owner Occupied Housing Units 953 2,132 4,261

Renter Occupied Housing Units 1,083 2,782 5,222

Median Age 31.7 32.8 34.1

Median Household Income $80,000 $82,601 $86,224

Average Household Income $116,061 $117,578 $122,477

.25 MILE

.5 MILE

.75 MILE

TRAFFIC

Collection Street Cross Street Traffic Vol Year Distance

W 26th Ave Eliot St W 8,204 2016 0.08 mi

W 26th Ave Federal Blvd W 9,691 2018 0.10 mi

Federal Blvd W 26th Ave N 41,026 2018 0.11 mi

Federal Blvd W 25th Ave N 41,532 2018 0.11 mi

Eliot St W 27th Ave N 2,278 2016 0.13 mi

Page 19: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

Sloans Lake is a body of water, park, and neighborhood located on thenorthwest side of Denver. Sloan’s Lake is the biggest lake in Denver,and at 177 acres, it’s the city’s second largest park. It’s one of the bestparks for catching a sunset, with stunning views of the RockyMountains and Denver skyline and know for the Colorado DragonBoat Festival, that happens every July, which is billed as one of thestate’s best.

Bounded by West 26th & West 13th Avenues, Federal and Sheridan,the neighborhood is an epicenter for urban renewal, and the lake isn’tthe neighborhood’s only attraction, thanks to a slew of culturaladditions. Shops and restaurants have turned part of West 29thAvenue into a walkable strip, while developments like the Lakehousecondo community on the former site of St. Anthony’s Hospital aretransforming the area near West Colfax. Many new restaurants,breweries, housing, and the new Alamo Drafthouse theatre are all newadditions. Residents enjoy easy access to light rail, and the three-milebike-and-pedestrian path around the lake. Great shopping andrestaurants are also close by in the popular Berkeley & Highlandsneighborhoods.

With the rapid growth, Sloan's Lake has a corresponding appreciationin real estate values: the average price for a single-family home in2017 was $543,400, compared to the 2009 average of $259,000.

SLOAN’S LAKE

Page 20: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

CITY OF DENVERNOTABLE RANKINGS

#1 BEST PLACES TO LIVE(U.S. NEWS & WORLD REPORT 2016)

#1 IN ECONOMIC& JOB GROWTH

(AREA DEVELOPMENT, 2015)

AMERICA’S BESTPLACE FOR

BUSINESS & CAREERS(FORBES, 2015 & 2016)

(LONELY PLANET, 2016)

TOP 10 PLACESIN THE U.S. TO TRAVEL

6TH FASTEST GROWING METROAREA IN THE U.S.

(FORBES, 2016)

3RD BEST CITY FOR COLLEGE GRADS

(RENT.COM, 2015)

3RD HEALTHIEST CITYIN THE NATION

(FORBES, 2016)

#1 IN THE NATION FOR LARGEST INCREASE IN

RESIDENTS WITH COLLEGE DEGREES

(U.S. CENSUS BUREAU, 2014)

4TH BEST CITYFOR BIKE RIDING

IN THE U.S.(WALK SCORE, 2015)

7TH BEST STATEIN WHICH TO

MAKE A LIVING(FORBES, 2016)

Page 21: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

DENVER METRO

Located on the front range of the Rocky Mountains, the Denver Metro is a thriving urban epicenter famous for its breathtaking views, world-class dining, champion sports teams, exhilarating recreation, and eclectic arts and entertainment. It’s no wonder this metropolis is one of the biggest in the nation!

ATTRACTIONS:

Denver Art Museum

Denver Museum of Nature and Science

Denver Zoo

Denver Aquarium

Six-Flags Elitch Gardens

Hyland Hills Water World

Denver Aquarium

SPORTS

Basketball: Denver Nuggets

Hockey: Colorado Avalanche

Football: Denver Broncos

Baseball: Colorado Rockies

Soccer: Colorado Rapids

*Some of this information sourced from denverpost.com

Page 22: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

DENVER GROWTH

Ranked as the top place to live in the U.S. by U.S. News & World Report, the city of Denver is home to over 693,000 residents (as of July 2016). An estimated 2.9 million people live in Denver Metro as a whole, with more people moving to the area each year, as this number is expected to grow by 12.6 percent over the next five years, compared to 3.7 percent nationally. Currently 100+ people are immigrating to the city each day. The Denver Metro accounts for over half of the population in the entire state of Colorado, which is home to an estimated 5.5 million people.

CONSTRUCTION

As one of the fastest-growing metros in the nation, Denver is thriving with new construction. This new construction will help accommodate the population growth throughout the metro. Some current projects include:

17TH & Curtis Street, 360-unit apartment buildings linked to a 9-story office building and 6 story parking structure. Skyhouse Denver, a 354-unit apartment with street level retail.

Block 162, a full block project that included a 606,500 sq. ft. office tower and separate tower hotel. Tabor Center Tower Two, a 31 story 700,000 sq. ft. office tower would be the largest development in Denver since 1985. 1144 Fifteenth St, a 40 story office tower with street level retail.

Page 23: OFFERING MEMORANDUM - LoopNet · ellle b. salon fox and jane salon jefferson park pub vessel deseo salon & blowdry 2914 coffee the pantry the pantry sexy pizza el cazo cocina & cantina

The Denver metro is a hub for various industries, including

aviation, health, business, finance, and technology. Outside of

city, state, and school services, major employers in the Denver

metro area include Denver International Airport, Lockheed Martin,

Health ONE Corporation, Centura Health, SCL Health Systems, Comcast,

CenturyLink, Kaiser Permanente, Liberty Tax Service, Western Union,

University of Colorado, Children’s Hospital, and Wells Fargo. In 2017,

Amazon opened up a 1 million sq. ft. fulfillment center in Aurora, creating

nearly 1,000 full-time jobs. Google is building a $131 million, four-acre,

state-of-the art facility in Boulder, potentially bringing more jobs to the area.

Many companies choose to relocate to or expand in the Denver Metro,

especially tech and startup companies. Between 2007-2015, approximately

9,000 companies chose to relocate from California to Denver. These

employers are attracted to the innovative culture, economic environment,

exceptional talent, and deep sense of social responsibility that characterizes

the Denver Metro. Forbes ranks Denver as #1 in the nation for business and

careers, and Area Development ranks Denver as #1 in the nation for

economic and job growth.

Denver metro is home to many fast-growing startups, with 113 local

companies making the Inc. 5000 list of the nation’s fastest-growing

private companies for the year 2017.

*Some information was sourced from: https://choosecolorado.com/

EMPLOYERS IN THEDENVER METRO

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The Regional Transportation District (RTD) operates 365 days a year to quickly connect travelers to their destination. As part of RTD, the 58-mile rail system features nine rail lines servicing 62 stations along the Denver metro’s North, East, Southeast, Southwest, and West rail corridors.

Popular destinations include:

• Denver International Airport (DIA)

• Theatre District

• Convention Center

• Sports Authority Field at Mile High

• Pepsi Center

• 16th Street Mall

• Park Meadows Mall.

RTD’s rail system has transformed people’s commutes and the communities they live in. The 23-mile stretch from Downtown Denver to DIA is now just a 30-minute ride via light rail. The light rail is also attributed with revitalizing neighborhoods across the Denver metro, including Five Points and West Colfax. An average of 64,000 people utilize the light rail each day, making it eighth-largest system in the country, even though Denver is 21st in the nation in terms of population.

LIGHT RAIL

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DENVER INTERNATIONAL

AIRPORT

Denver International Airport (DEN), also known as DIA, opened to the public on February 28, 1995 and at 34,000 acres, remains the largest and newest commercial airport in the United States. It’s known around the world for its striking tented roof structure and technologically advanced operations. Over the past twenty years, DIA has established itself as the primary employer and economic driver in the Denver metro, supporting nearly 190,000 jobs and generating more than $26 billion in annual revenue. Served a record setting 58 Million passengers in 2017.

The airport serves over 170 destinations including 20 international cities in nine countries.

DIA is just 30 minutes from Union Station via the East Rail line. DIA has room to double its current capacity to remain competitive in the growing global aviation marketplace. DIA broke ground in May of 2018 on a $1.8 billion gate expansion project. The project will add 39 gates across all three concourses in the next four years, bringing the total to 150.

The expansion will utilize the airport’s original “telescoping” design by expanding eastward and westward at the ends. The expansion is expected to be completed by the end of 2021.

DIA is among the first airports in North America to secure internationally recognized accreditation for measuring andreducing carbon emissions.

*Some of this information sourced from denverpost.com

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JASON KOCHCo-Founder/Principal

[email protected]

ADAM RIDDLECo-Founder/Principal

303.257.7627 [email protected]

BRANDON KAUFMANSr. Investment Advisor

[email protected]

SEAN HOLAMONInvestment Advisor

303.588.2119 [email protected]

NIK MACCARTERSr. Investment Advisor

[email protected]

ANTHONY BOBAYInvestment Advisor

[email protected]

PAT KNOWLTONInvestment AdvisorColorado Springs

[email protected]

AUSTIN SMITHInvestment Advisor

303.868.9096 [email protected]

CASEY MCCORMACKInvestment Advisor

585.805.1175 [email protected]

GUNNAR WILSONInvestment Advisor

970.306.3787 [email protected]

NEXUS BROKERS

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CONFIDENTIALITY DISCLAIMERThis confidential Offering Memorandum, has been prepared by Nexus Commercial Realty for use by a limited number of qualified parties. This Offering Memorandum has been provided to you at your request based upon your assurances that you are a knowledgeable and sophisticated investor in commercial real estate projects and developments. Nexus Commercial Realty recommends you, as a potential buyer/investor, should perform your own independent examination and inspection of the property (the “Property”) and of all of the information provided herein related to the Property. By accepting this Offering Memorandum, you acknowledge and agree that you shall rely solely upon your own examination and investigation of the Property and you shall not rely on any statements made in this Offering Memorandum or upon any other materials, statements or information provided Nexus Commercial Realty or its brokers.

Nexus Commercial Realty makes no guarantee, warranty or representation about the completeness or accuracy of the information set forth in this Offering Memorandum. You are responsible to independently verify its accuracy and completeness. Nexus Commercial Realty has prepared the information concerning the Property based upon assumptions relating to the general economy, its knowledge of other similar properties in the market, and on other market assumptions including factors beyond the control of the Nexus Commercial Realty and the Owner of the Property. Nexus Commercial Realty make no representation or warranty as to either the accuracy or completeness of the information contained herein, and the information set forth in this Offering Memorandum in not intended to be a promise or representation as to the future performance of the Property. Although the information contained herein is believed to be accurate, Nexus Commercial Realty and the Property Owner disclaim any responsibility or liability for any inaccuracies. Further Nexus Commercial Realty and the Property Owner disclaim any and all liability for any express or implied representations and warranties contained in, or for any omissions from, the Offering Memorandum and for any other written or oral communication transmitted or made available to you. Nexus Commercial Realty shall make available to you, as a qualified prospective investor, additional information concerning the Property and an opportunity to inspect the Property upon written request.

This Offering Memorandum and the contents are intended to remain confidential except for such information which is in the public domain or is otherwise available to the public. By accepting this Offering Memorandum, you agree that you will hold and treat Offering Memorandum in the strictest confidence, that you will not photocopy or duplicate it, or distribute it. You agree you will not disclose this Offering Memorandum or its contents to any other person or entity, except to outside advisors retained by you and from whom you have obtained an agreement of confidentiality, without the prior written authorization Nexus Commercial Realty. You agree that you will use the information in this Offering Memorandum for the sole purpose of evaluating your interest in the Property. If you determine you have no interest in the property, kindly return the Offering Memorandum to Nexus Commercial Realty at your earliest convenience.

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2837 W 25TH AVEDENVER, CO 8021 1

ANTHONY BOBAYInvestment Advisor

[email protected]

ADAM RIDDLECo-Founder/[email protected]

303.257.7627