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    3420 32Nd Ave Denver, CO 80211

    Sponsored
    For Sale
    $3,600,000

    Three Luxury Retail Condos, High-Demand Location

    Property size:
    6,797 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment opportunity presents three newly constructed retail condominiums totaling 6,797 square feet, situated on a 0.16-acre lot at 3420 W 32nd Avenue, Unit 101, Denver, CO. The property boasts a prime location in the heart of Denver's desirable Highlands neighborhood, characterized by a high-income demographic. Currently, the space is fully leased to three established, high-end tenants: Lululemon, Pure Barre, and Skin Laundry. Each tenant is secured by mid- to long-term leases, providing consistent cash flow and minimizing management responsibilities. The leases also include extension options, ensuring long-term stability for the investment. This property benefits from its proximity to downtown Denver (just 10 minutes away) and is surrounded by a thriving community of luxury apartments, townhomes, and single-family residences, further solidifying its strong market position. The strong tenant mix, long-term leases, and desirable location combine to create a compelling investment opportunity with excellent real estate fundamentals. The asking price for this exceptional retail property is $3,600,000. This is a rare chance to acquire a cash-flowing asset with minimal management needs in a highly sought-after Denver neighborhood.

    Property Features for 3420 32Nd Ave

    General Information

    Property type
    Retail properties
    Square Feet
    6,797 SF
    Lot Size
    6,970 SF

    Building Details

    Year Built
    2008
    Property Profile Location Intelligence

    Current Use by Public Records

    Pure Barre Physical Fitness Program lululemon Sportswear Store Skin Laundry - Denver ... Skin Care Clinic

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -105.0328
    Latitude
    39.76203

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    FAQs

    What type of property is this?
    Retail property - Three Luxury Retail Condos, High-Demand Location
    Where is this retail property located?
    The property is located at 3420 32Nd Ave Denver, CO.
    What is the asking price?
    The asking price for this property is $3,600,000.
    (720) 984-0419
    Request Owner's contact information
    3420 32Nd Ave Denver, CO 80211
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    Denver, CO 80211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3420 32Nd Ave Denver, CO 80211
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