3550 West 38th Avenue Denver, CO 80211
Retail center with high occupancy and ample parking.
Property Features for 3550 West 38th Avenue
General Information
- Standard status
- Active
- Size
- 22,041 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 2017
Listing office Lucero Real Estate (303) 458-0100
Listing date May 26, 2026
Source Crexi
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 Lucero Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- 100% Occupancy with Quality Tenants
- Unique parking: 52 surface spaces and 123 lower‑level garage spaces
- Well‑located retail center
Local Financial Insights For 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 | $452.3k | $20.52 |
| − Vacancy | −$21.3k | −$0.96 |
| EGI | $431.0k | $19.56 |
| − OpEx | −$129.3k | −$5.87 |
| NOI | $301.7k | $13.69 |
Alternative Uses
Property Analytics
Current Use by Public Records
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