Renovated Bar with
New
For Sale
Contact for pricing
3889 S King St, Denver, CO 80236
Bar property with a commercial kitchen, outdoor seating, and an existing lease extending through April 30, 2030.
Property Size2,805 SF
Price / SF$445.63
Days on Market5
Property Features for 3889 S King St
General Information
Standard status
Active
Size
2,805 SF
Property subtype
RETAIL
Additional Details
Business Included
Yes
Patio
Yes
Amenities
commercial kitchen
Listing Agency:
Fuller Real Estate
(720) 287-5406
Listed By:
Brian Baker · License #FA100051511
(720) 280-4733
Source:
Moodyscre
Added: Sep 17
Changed: Sep 19
Last Checked: Sep 20 at 8:53AM
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 Fuller Real Estate
Investment Insights
Based on property information with market context.
This 2,805-square-foot bar property includes a commercial kitchen and an outdoor patio that expands seating capacity. The building has undergone renovations over time, with a new roof installed in 2026.
An existing tenant lease remains in place through April 30, 2030. The property is located at 3889 S King St in Denver, Colorado, and is suited to continued bar operations with kitchen and patio components.
An existing tenant lease remains in place through April 30, 2030. The property is located at 3889 S King St in Denver, Colorado, and is suited to continued bar operations with kitchen and patio components.
Key Highlights
- 2,805‑square‑foot bar property
- Commercial kitchen included
- Outdoor patio provides additional seating
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,140
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$822,800
$822.8K
Cap Rate 7%
$587,714
$587.7K
Cap Rate 9%
$457,111
$457.1K
Market Conditions
NOI Build-Up for 2,805 SF
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.
Gross rent
$57.6K $20.52/SF
− Vacancy
−$2.7K −$0.96/SF
EGI
$54.9K $19.56/SF
− OpEx
−$13.7K −$4.89/SF
NOI
$41.1K $14.67/SF
Area
Denver, CO
Vacancy
4.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$822,800
Cap Rate 7%
$587,714
Cap Rate 9%
$457,111
Alternative Uses
Best Use
Specialty Retail
$587.7K
$514.3K – $685.7K
NOI $41,140 @ 7.0% cap · market cap 3.29%
Second Best
Industrial
$340.3K
$297.8K – $397.1K
NOI $23,824 @ 7.0% cap · market cap 1.91%
Theoretical Best
Office A
$892.9K
$781.3K – $1.04M
NOI $62,505 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
13k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
12,778 visits/mo
0.5 miles
Demographics for 80236, CO
16,565
Population
6,549
Households
2.5
Avg Household Size
37
Median Age
32%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
5,177
Density / Sq Mi
$83,543
Median Household Income
$49,921
Median Earnings
$1,636
Median Rent
$495,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Denver, CO
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Similar Off Market Nearby
- Monaghan's Bar and Grill — 3889 S King St, Denver, CO 80236
- Longshot Restaurant and Lounge — 3665 S Federal Blvd, Englewood, CO 80110
- Doghouse Tavern — 3100 S Sheridan Blvd, Denver, CO 80227
Frequently Asked Questions
What type of property is this?
Bar & Pub - Bar property with a commercial kitchen, outdoor seating, and an existing lease extending through April 30, 2030.
Where is this bar & pub located?
The property is located at 3889 S King St Denver, CO.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 2,805‑square‑foot bar property; Commercial kitchen included; Outdoor patio provides additional seating
