3025 W 38th Ave 2,679 SF Office Building Denver, CO 80211 $1,100,000 ($410.60/SF) 6.58% Cap Rate

3025 W 38th Ave | Medical Office NNN | Denver, CO 80211
Located at a premier signalized corner in the Highlands-Berkeley corridor, 3025 W 38th Ave presents investors with a rare blend of secure income, redevelopment upside, and long-term market fundamentals. The asset is a 2,679 SF freestanding medical office fully leased to Serenity Dental Arts under a triple-net (NNN) lease with approximately 4 years remaining and built-in 3% escalations through lease maturity in 2030. Positioned on a 0.13-acre lot zoned U-MS-3, the property allows for vertical expansion up to three stories—ideal for future mixed-use, multifamily, or densification strategies.
Situated in a high-demand urban submarket with strong healthcare and service-sector demand, this investment offers low landlord responsibility, durable income, and excellent future potential. Nearby development and robust local demographics support long-term stability and upside.
Key Investment Attributes:
Single-tenant NNN lease (pass-through expenses, no landlord duties)
Zoned U-MS-3: Mixed-use zoning allows vertical expansion (up to 3 stories)
Strong performing tenant in the medical/dental sector
High-traffic corridor with excellent visibility and access
Ideal for 1031 buyers, NNN investors, or future redevelopers