2600-2630 Broadway St, Denver, CO
Versatile commercial property suitable for various businesses.
- Added:
- Feb 21, 2024
- Days on Market:
- 848
- Last Refresh:
- May 19 at 9:51 pm
Property Features for 2600-2630 Broadway St
General Information
- Standard status
- Active
- Size
- 12,711 SF
- Lot size
- 0.62 Acres
- Property subtype
- RETAIL
Listing agent Matthew Watson (303) 333-9799
Listing office DePaul Real Estate Advisors (303) 333-9799
Listing date Feb 21, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of DePaul Real Estate Advisors
HighLights
- Projected area population growth through 2025
- Potential use as a car wash
- Potential use as a warehouse
- Potential use as a hardware store
- Potential use as a collision repair business
- Potential use as a tire store
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $260.8k | $20.52 |
| − Vacancy | −$12.3k | −$0.96 |
| EGI | $248.6k | $19.56 |
| − OpEx | −$62.1k | −$4.89 |
| NOI | $186.4k | $14.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Arapahoe
- State
- Colorado
- Longitude
- -105.085
- Latitude
- 39.7908
