3395 Broadway Englewood, CO 80110
- Strip malls
- 7,280 SF
- 0.22 lot acres
Current Use by Public Records
- Strip malls
Property Details for 3395 Broadway
- Year built
- 1957
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.22 lot acres
- Property size
- 7,280 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 1971-34-3-00-019
- APU
- 197134300019
Description
This exceptional retail opportunity is located at 3395 S Broadway in the thriving downtown Englewood area. The property boasts a newly renovated facade and has undergone significant redevelopment, presenting a modern and attractive storefront. Its prime location on Broadway ensures high visibility and accessibility for customers. The space is currently configured for multiple tenants, offering flexibility for businesses of varying sizes. It is divisible into units suitable for one to three separate tenants, providing options for collaborative ventures or individual occupancy. A key feature is the inclusion of a dedicated elevator, enhancing accessibility and convenience for both tenants and customers. Furthermore, a rooftop patio adds a unique amenity, offering potential for outdoor seating or private events, depending on tenant needs and lease agreements. This property presents a rare chance to establish a presence in a vibrant and growing commercial district, benefiting from high foot traffic and a strong local economy. The building's recent upgrades ensure a modern and well-maintained environment, ideal for businesses seeking a high-quality space in a desirable location. Interested parties should inquire about specific unit sizes and lease terms. The property's location in Arapahoe County further underscores its strategic position within a robust and expanding market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,445,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,000,000
- 6.5%
- $2,840,000
- 7%
- $3,085,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,920,000
- Geo Method
- $2,760,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,725,000
- Retail
- $3,235,000
- Mixed-Use
- $2,760,000
- Hospitality
- $3,590,000
- Educational
- $2,645,000
- Residential Income
- $3,625,000
- Energy
- $3,530,000
- Income-Based Land
- $3,225,000
- Food Service
- $3,295,000
Location Insight
- Map
- Local Demand
- City
- Englewood
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.988
- Latitude
- 39.6552
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
