23
118,267 SF AVAILABLE For leasing information, contact: Sergio Castañeda +1 720 528 6314 [email protected] www.cbre.com/sergio.castaneda cbre.com/denver 4340 S. MONACO STREET DENVER, COLORADO

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Page 1: S. MONACO STREET · S. MONACO STREET • Back-up Generator: A 480 volt, 3-phase, 1250 KW diesel fuel back-up generator. • Fiber Telecommunications: Current telecommunication companies

118,267 SF AVAILABLEFor leasing information, contact:

Sergio Castañeda+1 720 528 [email protected] www.cbre.com/sergio.castaneda cbre.com/denver

4340S. M O N AC O S T R E E T

D E N V E R , C O L O R A D O

Page 2: S. MONACO STREET · S. MONACO STREET • Back-up Generator: A 480 volt, 3-phase, 1250 KW diesel fuel back-up generator. • Fiber Telecommunications: Current telecommunication companies

T H E P R O P E R T Y

Page 3: S. MONACO STREET · S. MONACO STREET • Back-up Generator: A 480 volt, 3-phase, 1250 KW diesel fuel back-up generator. • Fiber Telecommunications: Current telecommunication companies

S . M O N ACO S T R E E T

3

Page 4: S. MONACO STREET · S. MONACO STREET • Back-up Generator: A 480 volt, 3-phase, 1250 KW diesel fuel back-up generator. • Fiber Telecommunications: Current telecommunication companies

S . M O N ACO S T R E E T

A C T I V E W O R K S P A C E | S O C I A L | H E A L T H Y

4

Page 5: S. MONACO STREET · S. MONACO STREET • Back-up Generator: A 480 volt, 3-phase, 1250 KW diesel fuel back-up generator. • Fiber Telecommunications: Current telecommunication companies

S . M O N ACO S T R E E T

• Back-up Generator: A 480 volt, 3-phase, 1250 KW diesel fuel back-up

generator.

• Fiber Telecommunications: Current telecommunication companies include:

Qwest, Comcast and AT&T. the buildings are connected by underground

conduit with a manhole in between.

• Ceilings: This building has a drop ceiling and is 9’6” in height.

B U I L D I N G S P E C I F I C A T I O N S

• Building SF: 118,267 RSF

• 1st Floor: 24,446 RSF

• 2nd Floor: 31,269RSF

• 3rd Floor: 31,276 RSF

• 4th Floor: 31,276 RSF

• Parking: 3.9 per 1,000 RSF; 60% structured, 40% surface

5

Page 6: S. MONACO STREET · S. MONACO STREET • Back-up Generator: A 480 volt, 3-phase, 1250 KW diesel fuel back-up generator. • Fiber Telecommunications: Current telecommunication companies

S . M O N ACO S T R E E T

4340

PARKINGSTRUCTURE

INTERSTATE

25

S Monaco St

E Quincy Ave

6

Page 7: S. MONACO STREET · S. MONACO STREET • Back-up Generator: A 480 volt, 3-phase, 1250 KW diesel fuel back-up generator. • Fiber Telecommunications: Current telecommunication companies

S . M O N ACO S T R E E T

4340-FIRST FLOOR - 24,446 RSF

77

Page 8: S. MONACO STREET · S. MONACO STREET • Back-up Generator: A 480 volt, 3-phase, 1250 KW diesel fuel back-up generator. • Fiber Telecommunications: Current telecommunication companies

S . M O N ACO S T R E E T

4340-SECOND FLOOR - 31,269 RSF

8

Page 9: S. MONACO STREET · S. MONACO STREET • Back-up Generator: A 480 volt, 3-phase, 1250 KW diesel fuel back-up generator. • Fiber Telecommunications: Current telecommunication companies

S . M O N ACO S T R E E T

4340-THIRD FLOOR - 31,276 RSF

9

Page 10: S. MONACO STREET · S. MONACO STREET • Back-up Generator: A 480 volt, 3-phase, 1250 KW diesel fuel back-up generator. • Fiber Telecommunications: Current telecommunication companies

S . M O N ACO S T R E E T

4340-FOURTH FLOOR - 31,276 RSF

10

Page 11: S. MONACO STREET · S. MONACO STREET • Back-up Generator: A 480 volt, 3-phase, 1250 KW diesel fuel back-up generator. • Fiber Telecommunications: Current telecommunication companies

L O C A T I O N A T T R I B U T E S

Page 12: S. MONACO STREET · S. MONACO STREET • Back-up Generator: A 480 volt, 3-phase, 1250 KW diesel fuel back-up generator. • Fiber Telecommunications: Current telecommunication companies

S . M O N ACO S T R E E T

12

Page 13: S. MONACO STREET · S. MONACO STREET • Back-up Generator: A 480 volt, 3-phase, 1250 KW diesel fuel back-up generator. • Fiber Telecommunications: Current telecommunication companies

Denver Technology

Center

To D

ow

nto

wn

Den

ver

To Denver International Airport

Via I-225

Belleview Road

Belleview Road

S Que

bec S

t

S Mon

aco

St

DTC Blvd

Uls

ter

Pkw

y

Union Ave

BELLEVIEW LIGHT RAIL STOP

Pappadeaux

Wendy’sFedEx Office

Hyatt Regency

McCormick & Schmick’s

Great Northern TavernBaker’s Street Pub

Which Wichand more . . .

Ramada InnSuper 8 Motel

Extended Stay America

YaYa’s CafeHyatt Place

Cuba CubaIllegal Pete’s Co.

Jason’s DeliLittle Ricci’s

Nella’s Frozen YogurtDelectable Egg

Floyd’s BarbershopThe Tavern

and more . . .

Homestead SuitesTaco Bell

McDonald’s

Landmark TheaterComedy WorksEspressole CafeHapa LoungeJingLila B RestaurantSlattery’s Irish PubTed’s Montana GrillHW Homeand more . . .

ChipotleCool River Bar & Grill

Bara SushiLark Burger

Noodles & Co.StarbucksIl FornaioYogurtini

Spicy PickleOriginal Pancake House

and more . . .

Shanahan’sWoody Creek Bakery

QdobaHampton Inn

PaneraDarcy’s Bistro

Peppino’s Pizza

Marriott

Hilton Garden Inn

SonicQuiznos

La Fogata

ToPark Meadows Mall

INTERSTATE

225

INTERSTATE

25

4340S . M O N A C O S T R E E T

Page 14: S. MONACO STREET · S. MONACO STREET • Back-up Generator: A 480 volt, 3-phase, 1250 KW diesel fuel back-up generator. • Fiber Telecommunications: Current telecommunication companies

S . M O N ACO S T R E E T

4340 S. Monaco is located in the heart of Denver’s Southeast Suburban (SES) region within the Denver Tech Center market in the City of Denver. Southeast Suburban Denver spans portions of Denver, Greenwood Village, Englewood, Centennial and Lone Tree and is home to the region’s most sought after office parks, a highly educated labor pool, and excellent transportation advantages. With over 33 million SF of office space (over 4 million is tenant owned); the SES area is home to the 2nd largest concentration of employees in the Denver area, out numbered by one, the CBD.

The Southeast Suburban region, in addition to premier business parks, contains the Metro area’s largest concentration of executive housing neighborhoods, hotels, golf courses and other recreational amenities. With light rail now servicing the I-25 corridor, the Southeast Suburban region has become even more attractive for businesses seeking live/work/play regions outside of Denver’s pricey CBD.

Tenants with a headquarters or large presence in the SES region include:

AIMCO Comcast

Kaiser Permanente Standard & Poor’s

Black & Veatch DirecTV

Liberty Media TriZetto

Catholic Health Initiatives Dish Network

Merrick & Company Truven Healthcare

CH2M Hill Fidelity

Newmont Mining TW Telecom

Charles Schwab Great West Life

Nordstrom United Launch Alliance

Charter Communications Hitachi Data Systems

Oracle URS

Cisco Systems IHS

Re/Max CoBank

Jackson National Life Rio Tinto

Western Union

S O U T H E A S T D E N V E R

14

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S . M O N ACO S T R E E T

INTERSTATE

25

INTERSTATE

25

INTERSTATE

25

INTERSTATE

225

INTERSTATE

70

INTERSTATE

70

INTERSTATE

70

INTERSTATE

270

INTERSTATE

76

INTERSTATE

76

36

Rapid Transit MapUS 36 Corridor • Longmont Extension

Longmont

Boulder

Niwot

Louisville

Broomfield

FederalHeights

Westminster

Lafayette

Erie

Wheat Ridge

DenverGolden

Gold Line

WestCorridor

NorthMetro

INTERSTATE

25

INTERSTATE

70

INTERSTATE

270

INTERSTATE

76

Station without Parking

Station with Parking

Commuter Rail

Bus Rapid Transit

IBM @Diagonal Highway

30th • Pearl

Table Mesa

Superior

Flatiron • 96th St.

Broomfield

71st Ave • Lowell

Louisville

Westminster Promenade •

MandalayTown Center

Westminster Center

Southwest Corridor/Southeast Corridor

Union Station

EastCorridor

E-470

Northwest Pkwy

136th Ave

128th Ave

112th Ave

104th Ave

88th Ave

80th Ave72nd Ave

64th Ave52nd Ave

44th Ave

36th Ave32th Ave

26th Ave20th Ave

Kipl

ing

St

Wad

swor

th B

lvd

Sher

idan

Blvd

Fede

ral B

lvd

Colfax Ave

Peco

s St

NORTH

36

P U B L I C T R A N S I T

15

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S . M O N ACO S T R E E T

Located 15 miles east of the front range of the Rocky Mountains, Denver’s central geographic location has played a large role in its economic success. Because Denver is within a two-hour flight of two-thirds of the United States and within four hours of every major city with a population of one million or more on the continent, it has evolved into a major national transportation and commercial hub. Denver also enjoys strategic advantages for intercontinents commerce located on the 105th meridian, halfway between Tokyo and Munich. Denver is the largest city in the U.S. with access to both Pacific and European markets in a single business day.

As companies and their employees are seeking to expand and move to cities with a distinct quality of life advantage. Denver has surged in the national spotlight. With affordable home prices, world-class skiing, an abundance of outdoor recreational amenities, the second most highly educated labor pool, over 300 days of sunshine a year, and a new multi-billion dollar transportation network, Denver is now on the map as a major dominating force in the U.S. economy.

These distinct advantages allow the region to attract young, highly skilled workers and companies. Denver is adding jobs in the most viable growth industries including energy. IT/software, aerospace, bioscience, telecommunications, financial services, and healthcare. Metro Denver’s population reached nearly 3.06 million in 2014 and is consistently ranked as one of the fastest-growing areas in the nation. By 2020, the Denver area is expected to have nearly 3.5 million residents.

E C O N O M I C H I G H L I G H T S :

DENVER’S TOTAL EMPLOYMENT GREW 2.8% IN 2014.

DENVER ADDED NEARLY 41,500 JOBS IN 2014.

2014 YTD EMPLOYMENT IS UP 3.3% THRU JULY (48,100 JOBS)

DENVER’S STRONG JOB GROWTH HAS PUSHED THE CURRENT UNEMPLOYMENT

RATE TO 3.75%

ALL PRIVATE SECTORS INDUSTRIES AS WELL AS THE PUBLIC SECTOR INDUSTRIES

POSTED NET JOB INCREASES IN 2014 EXCEPT FOR FINANCIAL ACTIVITIES AND

INFORMATION

W H Y D E N V E R ?

16

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S . M O N ACO S T R E E T

RENTAL RATE & VACANCY COMPARISON ACROSS THE WESTERN U.S.

AZ

OR

NV

CA

WA

KY

ME

NY

PA

NH

MARI

VA

OH

INIL

NC

TN

SC

ALGA

WIMI

VT

WV

DEMD

FL

CT

HOUSTON$26.10/11.9%

AUSTIN$29.23/11.4%

DENVER$22.71/13.3%

PHOENIX$21.21/21.7%

SAN DIEGO$28.68/13.2%

LOS ANGELES$32.04/16.5%

SILICON VALLEY$43.92/9.0%

SAN FRANCISCO$61.69/6.7%

SEATTLE$31.10/13.7%

DENVER ECONOMY AT A GLANCE

CATEGORY 2012 2013 2014

Population 2.95 M 3.00 M 3.06 M

Net Migration 31,320 34,860 31,750

Employment Growth 2.90% 3.50% 2.80%

Unemployment Rate 7.50% 6.40% 3.75%

New Residential Units 7,814 12,781 15,219

Source: Moody’s Analytics

W H Y D E N V E R ?

$63.24/6.6%

$45.36/8.0%

$32.28/16.0%

$29.16/13.0% $21.49/21.1%

$29.56/10.6%

$25.79/11.6%

$23.15/13.1%

17

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S . M O N ACO S T R E E T

W H Y D E N V E R ?Major infrastructure improvements in the region, including the city’s $7.8 billion light rail expansion and the Denver International Airport expansion, as well as diversified business and economic climate have put Denver on the map as a first tier market. As a result of Denver’s strong national press and dominance in national rankings, new firms are announcing their push into Denver’s labor pool every month. Notable employment news over the last 12 months include:

Charles Schwab & Co., Inc. opened its new Colorado campus in Lone Tree in October. A total of approximately 1,900 employees will move into the 650,000-square-foot, 47-acre campus in

phases over the next year and a half.

Charter Communications is under construction on a new 85,000 SF research and development lab in the Southeast Suburbs that will add over 50 high-paying jobs.

Transamerica recently signed a 121,000 sq. ft. lease in Denver in February. It will double the size of Transamerica’s Denver office and bring the company’s local presence to 650 employees.

ConAgra Food and Horizon Milling have chosen Denver for the headquarters of Ardent Mills, a new joint company that is poised to have combined sales of over $4 billion and employ roughly 250 in

the Denver area.

The electronic-components company announced plans in September to move its headquarters to Centennial by the end of 2014. The new 128,000-square-foot building will house approximately 500 workers from existing area

offices.

Kaier Permanente recently opened their new 120,000 SF IT campus in Greenwood Plaza with 350 new high-paying jobs, and plans to hire an additional 350 by 2015.

The largest bank headquartered in Colorado, CoBank recently signed a lease for nearly 275,000 SF in a to-be built TOD building along I-25 to accommodate future growth – construction began July 2014.

First Data Corp. signed a 98,000-square-foot lease in the DTC in May. The company moved their Greenwood Plaza-based operations and invested

more than $8 million into the new facility.

18

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S . M O N ACO S T R E E T

D E N V E R C U L T U R A L M A P

41

CBRE: 9 PODSKIDMORE, OWNINGS & MERRILL LLP

DENVER CULTURAL MAP

COORS FIELD

PEPSI CENTER

DENVER

PERFORMING

ARTS

DENVER ART

MUSEUM

NATURAL HISTORY MUSEUM

DENVER ZOO

DENVER

AQUARIUM

RED ROCKS

SPORTS AUTHORITY

FIELD

19

Page 20: S. MONACO STREET · S. MONACO STREET • Back-up Generator: A 480 volt, 3-phase, 1250 KW diesel fuel back-up generator. • Fiber Telecommunications: Current telecommunication companies

S . M O N ACO S T R E E T

W H Y D E N V E R ?D E N V E R E M P L O Y M E N TWith all private sectors reporting positive job growth for 2013 and 2014, it is evident that Denver houses a diverse business base. The region’s employment can be broken out into eight major employment clusters, driving the majority of the private sector employment.

AEROSPACE: Colorado has the 3rd largest aerospace economy (behind Florida and California) and Metro Denver ranks 1st in private sector aerospace employment out of the 50 largest metropolitan areas with 19,810 workers and over 100 firms.

AVIATION: Metro Denver directly employs nearly 16,000 with Denver International Airport (DIA) serving as the major economic engine for the region’s aviation industry. Furthermore, travelers can reach 2/3 of the nation within 2 hours and is within 4 hours flying time of every North American city over 1 million residents.

BIOSCIENCE: With more than 15,000 bioscience workers at almost 600 companies. Denver ranks 9th among the top 50 metro areas for employment concentration in medical devices and 5-year employment growth in the industry has reached double digits.

BROADCASTING / TELECOMMUNICATIONS: The broadcasting and telecommunications sectors employs nearly 41,000, ranking Denver 6th in the nation. This region is also the largest in the U.S. to offer one-bounce satellite uplinks due to its unique geographic location in the Mountain Time zone.

ENERGY: This industry cluster, comprised of fossil fuels and cleantech, directly employs 50,000 in Metro Denver and supports an estimated 250,000 jobs throughout the state. Nearly 3,000 energy firms are located in the region and the continued job growth from this sector is a bright spot in the local and national economy.

FINANCIAL SERVICES: Approximately 90,000 people are employed by this industry, including banking, financing, investments and insurance. Denver is one of the few regions outside of the Northeast and large coastal cities with a significant financial service industry.

HEALTHCARE: This is one of the fastest growing industries in Denver, currently boasting over 182,000 employees in the region in over 18,000 companies. With a $7+ billion annual payroll, the healthcare sector has a compelling and meaningful economic impact in Denver.

IT / SOFTWARE: Colorado ranks 3rd in the nation for its concentration of high-tech workers, rivaling areas such as Northern California and Massachusetts. Denver directly employs over 45,000 IT and software workers with an average

wage of $97,000.

20

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S . M O N ACO S T R E E T

W H Y D E N V E R ?

• Denver’s economy continues to outpace that of most major metro areas.

• Denver was ranked as a top city to invest in and watch in the 2014 Emerging Trends in Real Estate released by the Urban Land Institute and PwC. The publication citied Denver’s attractive lifestyle, 24/7 live/work/play environment, and transportation initiatives as major draws to the market.

• Denver is the 6th best place for business and careers according to Forbes, citing its central location, highly educated workforce, strong job growth, and concentration of growing industries like energy, technology and telecommunications; Fort Collins, Boulder and Colorado Springs were also in the top 50

• Both Forbes and CNNMoney ranked Denver as the 6th fastest growing city in the U.S. for 2014

• Denver is one of the top 10 fastest-growing cities in the nation. - Forbes, 2015

• The U.S. Census Bureau cited Colorado as the 2nd most highly educated state (2013)

• Colorado is the nation’s second most highly educated state (behind

Massachusetts) for residents with a bachelor’s degree or higher. - U.S. Census Bureau, 2013

• Colorado has the nation’s top economy, based on economic performance in the past year. - Business Insider, 2014

• Colorado is a top-three state for job growth. - Forbes, 2014

• Two Colorado cities ranked among the top five for “Best Places for Business and Careers” list. - Forbes, 2014

• Colorado is a top-five state for entrepreneurism and innovation. - U.S. Department of Commerce and The Economic Development Administration, 2014

• Colorado has the nation’s lowest obesity rate and is No. 2 for physical activity. - Trust for America’s Health, 2014; Kaiser State Health Facts, 2014

NATIONAL ECONOMIC RANKINGS: OUTPERFORMING THE NATION

21

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S . M O N ACO S T R E E T

W H Y C O L O R A D O ?

THE COLORADO LIFESTYLE

• 300 Days of Sunshine per year (more than Miami or Los Angeles)

• Ranked leanest state in the nation

• 42 state parks

• 4 national parks

• 15 national forest and national grass lands

• 25 ski resorts

• 10 scenic & historic railways

• 58 fourteeners (peaks over 14,000 feet)

• Over 9,000 miles of trout streams

• More than 180 craft breweries

• More than 100 vineyards

22

Page 23: S. MONACO STREET · S. MONACO STREET • Back-up Generator: A 480 volt, 3-phase, 1250 KW diesel fuel back-up generator. • Fiber Telecommunications: Current telecommunication companies

For leasing information, contact:

Sergio Castañeda+1 720 528 [email protected]

4340S. M O N AC O S T R E E T

D E N V E R , C O L O R A D O

© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. Any projections, opinions, or estimates are subject to uncertainty. The information may not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.