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38-42 S Broadway 10,678 SF 100% Leased Retail Building Denver, CO 80209 $3,575,000 ($334.80/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- High profile South Broadway location
- Off-street tenant parking
- Denver's coolest neighborhood
- Street and storefront signage
- Historic building
EXECUTIVE SUMMARY
Brochure Link: file:///M:/3%20-%20Real%20Estate/SBR%20-%20South%20Broadway%20Retail%20LLC/10%20-%20To%20Be%20Reviewed/S.%20Broadway%20Sale%20Package/2025-03-12%20S.%20Broadway%20Retail%20-%20OM%20R3.pdf
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,678 SF
Building Class
C
Year Built/Renovated
1932/2007
Price
$3,575,000
Price Per SF
$334.80
Cap Rate
7%
NOI
$250,250
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.75
Lot Size
0.14 AC
Zoning
B-4
Parking
6 Spaces (0.56 Spaces per 1,000 SF Leased)
Frontage
50’ on S Broadway
AMENITIES
- Signalized Intersection
Walk Score®
Walker's Paradise (97)
Bike Score®
Biker's Paradise (94)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5104-09-006 | Improvements Assessment | $573,680 |
| Land Assessment | $148,480 | Total Assessment | $722,160 |
PROPERTY TAXES
Parcel Number
5104-09-006
Land Assessment
$148,480
Improvements Assessment
$573,680
Total Assessment
$722,160
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38-42 S Broadway
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