Technical
Financial
Distress signals
Property profile

3585 Central Park Blvd 120 Denver, CO 80238

FOR LEASE
Strip malls
Property ID
US13-2273991
12,021 SF 1.12 ac lot Built 2019
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A retail space, located at 3585 Central Park Blvd in Denver, Colorado's Stapleton submarket, offers 2,239 square feet of vacant space within a 12,184 square foot multi-tenant building. Built in 2020, this property boasts a prime location, just steps from the RTD A Line light rail station, providing unparalleled access to Denver's extensive public transportation network. The building enjoys high visibility and foot traffic, situated amongst established businesses including Sprouts Farmers Market, JP Morgan Chase, Ike's Love and Sandwiches, Blue Sky Lounge Spa and Salon, and Club Pilates. This presents a unique opportunity for a restaurant or similar business to thrive in a vibrant and well-connected community. The property is situated in Denver County, zip code 80238, and offers excellent potential for growth due to its strategic location and the high-traffic nature of the Stapleton area. This is a rare opportunity to secure a space in a thriving retail center with strong existing tenants and convenient public transportation access. The property is categorized as a multi-tenant retail building, offering a dynamic and collaborative environment. The building's modern construction and prime location make it an ideal choice for businesses seeking high visibility and accessibility.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2019
Construction WOOD
Total area 12,021 SF
Lot 1.12 ac (48,768 SF)
Zoning code C-MU-20
APN 01286-02-008-000
UPID US13-2273991

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Bank Loan Service
  • Atm
  • Gym & Fitness Center

Location

3585 Central Park Blvd, Unit 120 Denver, CO 80238
Denver metro Census 4113 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.81M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.74M
Blend (final) Blend
$7.71M

Owner & transaction history

since 2022
Last sale
$8.3M
4 recorded transactions
2022
$8.3M
2021
Price N/A
2020
$11.7M
2019
Price N/A

Zoning & alternative use

C-MU-20 · Denver, CO
Zoning description

The C-MU-20 district provides for a mix of commercial, residential, and industrial uses along or near arterials or other high traffic streets. Site and building design will be of a quality that enhances the character of…

General category MIXED_USE
Top alternative use upside
Restaurant $4.9M +26.0%
Auto repair, garage $4.8M +23.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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