1229-1235 South Broadway Denver, CO 80210
Renovated retail building with diverse tenants and attractive features.
Property size:
14,871 SFProperty Features for 1229-1235 South Broadway
General Information
- Size
- 14,871 SF
Building Details
- Year built
- 1945
Source:
Pinnaclerea
Listing Agent: Peter Sengelmann
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Denver Retail Investment Opportunity
Located at 1229-1235 South Broadway in Denver, CO, this 14,871 SF retail building presents a prime investment opportunity. The property was meticulously renovated in 2018 and features 100% occupancy. Its strategic location in the bustling Denver area, near the Gates District redevelopment, promises increased foot traffic. The property benefits from all-new systems, NNN lease structures, and a diverse tenant mix, including an e-commerce resistant ghost kitchen, restaurant, and photo studio, ensuring long-term stability. A billboard tenant provides additional low-maintenance income. The property maintains a barreled roof and a new patio with mountain views. The asset is in an excellent location given the proximity to the Gates District redevelopment which will only increase the density and foot traffic in this retail corridor. All current tenants operate on NNN leases with escalations and replaceable rents. The asset is structured to be a retail cornerstone in the submarket for the long term. Surrounding HH incomes are outstanding with an average of $141,542 in a 1-mile radius and are very appealing to the majority of users in the marketplace. Over 35,000 vehicles per day on South Broadway.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.988174
- Latitude
- 39.735929
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FAQs
What type of property is this?
Retail space - Renovated retail building with diverse tenants and attractive features.
Where is this retail space located?
The property is located at 1229-1235 South Broadway Denver, CO.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: - 100% Occupancy with NNN Leases: Provides stable and attractive returns.; - Strategic Location: Situated in a high-growth area near the Gates District redevelopment.; - E-commerce Resistant Tenant Mix: Includes a ghost kitchen, restaurant, and photo studio.