450 17Th Ave Denver, CO 80203

This exceptional investment opportunity presents a 10,732 square foot, multi-tenant retail condo in Denver's vibrant Uptown neighborhood. Located at 450 E 17th Ave, this Class A property boasts 100% occupancy with three established tenants: Orangetheory Fitness, Rumours Karaoke Cafe, and Toasts n Roasts. All tenants operate under triple net (NNN) leases, providing a stable income stream with a weighted average lease term of 8.4 years. The property features 33 deeded parking spaces, including 12 subsurface and 21 in an adjacent lot. Built in 2006, this single-story building requires minimal deferred maintenance. The property benefits from its prime location in a densely populated and affluent area, with over 9,350 multifamily units within half a mile and another 510 under construction. The strong demographics, service-based tenants, and ongoing development in the area contribute to a compelling investment profile. The property's NOI is $298,570, resulting in a 6.74% cap rate, and the asking price is $4,430,000. The permitted zoning is C-MX-8. This is a rare opportunity to acquire a stabilized, high-performing retail asset in a rapidly growing Denver submarket.