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RiNo Art District Retail Space
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3500 Chestnut Pl, Denver, CO 80216

Retail and restaurant spaces available in the RiNo Art District.

Property Size3,588 SF
Lot Size0.42 Acres
Days on Market623

Property Features for 3500 Chestnut Pl

General Information

Standard status Active
Size 3,588 SF
Lot size 0.42 Acres
Property subtype RETAIL
Listing Agency: Axio Commercial Real Estate, Inc.
Listed By: John Livaditis · License #40012677
Source: Moodyscre
Added: Nov 15, 2024 Changed: Jul 6 Last Checked: Jul 30 at 4:15AM

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 Axio Commercial Real Estate, Inc.

Investment Insights

Based on property information with market context.

Located in the RiNo Art District, this property offers retail and restaurant-ready spaces. It is ideally situated across from the RiNo Art Park and along the RiNo Promenade, providing easy transit access. The location benefits from proximity to 92 residential units, with over 3,000 more nearby. There is an opportunity for a 5th-floor restaurant or retail space with a terrace and a view. The property provides options for several retail and restaurant spaces.

Key Highlights

  • Prime RiNo Art District Location
  • Opportunity for 5th Floor Restaurant/Retail With Terrace & a View
  • Ideally Situated Across from RiNo Art Park & Along the RiNo Promenade With Easy Transit Access

Property Analytics

Current Use

Flora RiNo Real Estate Agency

Suggested Use

Top Pick Pharmacy Dental Office (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,638
Businesses Nearby
66k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 45% Dining 41% Groceries 9% Hotels & Casinos 4%
McDonald's Dining
27,436 visits/mo 0.4 miles
Phillips 66 Shops & Services
10,391 visits/mo 0.5 miles
Phillips 66 Shops & Services
10,174 visits/mo 0.4 miles
7-Eleven Shops & Services
7,892 visits/mo 0.4 miles
Natural Grocers Groceries
6,080 visits/mo 0.3 miles

Demographics for 80216, CO

15,915
Population
6,924
Households
2.3
Avg Household Size
31
Median Age
38%
College-Educated
76%
High-School Grad
10.1 sq mi
ZIP Area
1,576
Density / Sq Mi
$86,869
Median Household Income
$49,966
Median Earnings
$1,934
Median Rent
$392,500
Median Home Value

Market

Lease Benchmarks for Denver, CO

$23.37 /SF/Yr
Avg Asking Price
$2.66–$42 /SF/Yr
Price Range
41,204 SF
Avg Space Size

This space is priced 67% above the average of $23.37 /SF/Yr.

Vacancy Rate% for Retail in Denver, CO

6.7% 2019
7.4% 2020
6.5% 2021
5.4% 2022
5.2% 2023
4.8% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail and restaurant spaces available in the RiNo Art District.
Where is this retail space located?
The property is located at 3500 Chestnut Pl Denver, CO.
What is the lease rate?
The lease rate is $39 SF/Yr.
What are key features of this property?
This property features: Prime RiNo Art District Location; Opportunity for **5th Floor Restaurant/Retail With Terrace & a View**; Ideally Situated Across from RiNo Art Park & Along the RiNo Promenade With Easy Transit Access
(303) 592-7300 Call to check price and availability
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