3420 32Nd Ave Denver, CO 80211
- Retail properties
- 6,797 SF
- 0.16 lot acres
Current Use by Public Records
- Pure Barre / Physical Fitness Program / Fitness Center
- lululemon / Men'S Clothing Store / Women'S Clothing Store
- Skin Laundry - Denver Highlands / Skin Care Clinic
Property Details for 3420 32Nd Ave
- Year built
- 2008
- Lot size
- 0.16 lot acres
- Property size
- 6,797 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents three newly constructed retail condominiums totaling 6,797 square feet, situated on a 0.16-acre lot at 3420 W 32nd Avenue, Unit 101, Denver, CO. The property boasts a prime location in the heart of Denver's desirable Highlands neighborhood, characterized by a high-income demographic. Currently, the space is fully leased to three established, high-end tenants: Lululemon, Pure Barre, and Skin Laundry. Each tenant is secured by mid- to long-term leases, providing consistent cash flow and minimizing management responsibilities. The leases also include extension options, ensuring long-term stability for the investment. This property benefits from its proximity to downtown Denver (just 10 minutes away) and is surrounded by a thriving community of luxury apartments, townhomes, and single-family residences, further solidifying its strong market position. The strong tenant mix, long-term leases, and desirable location combine to create a compelling investment opportunity with excellent real estate fundamentals. The asking price for this exceptional retail property is $3,600,000. This is a rare chance to acquire a cash-flowing asset with minimal management needs in a highly sought-after Denver neighborhood.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -105.033
- Latitude
- 39.762
