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1229-1235 South Broadway Denver, CO 80210

For Sale
$4,600,000

Renovated retail building with diverse tenants and attractive features.

Property size:
14,871 SF

Property Features for 1229-1235 South Broadway

General Information

Size
14,871 SF

Building Details

Year built
1945

Source: Peter Sengelmann 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.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Denver
County
Arapahoe
State
Colorado
Longitude
-104.988174
Latitude
39.735929

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.
More about this property
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