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Property profile & analytics
OFF-MARKET Estimated value $8,175,000
Strip malls

575 Broadway Denver, CO 80209

62,249 SF 2 ac lot Built 1987
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US13-1046262
Property summary
AI-generated overview

This exceptional 64,000-square-foot warehouse and industrial space is ideally situated in Denver's vibrant Design District at 575 S Broadway, near the intersection of Center Ave. and Bannock. The property offers a single tenancy and is categorized as retail, warehouse, industrial, and showroom space, providing significant flexibility for various business needs. Its prime location boasts easy access to major thoroughfares including I-25, Broadway, Lincoln, and Alameda avenues, ensuring convenient transportation and logistics. The surrounding area is thriving, with proximity to the Washington Park and Baker neighborhoods, and established retailers such as Sam's Club and Safeway. This property benefits from its position within the 75-acre mixed-use redevelopment of Broadway Park and the Denver Design District, a dynamic area featuring approximately 250,000 square feet of space, including 40 showrooms. The building itself does not have elevators. Flexible demising options are available, allowing for customization to suit diverse space requirements and layouts. This presents a unique opportunity to establish a presence in a rapidly growing and highly sought-after Denver location. The property's zip code is 80209.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Construction CONCRETE
Total area 62,249 SF
Lot 2 ac (87,057 SF)
Zoning code C-MX-16
APN 05152-00-046-000
UPID US13-1046262
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Muffin Muse Bakery Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.18M
Owner & transaction history
Center & Bannock LLC · 10 yrs held
Center & Bannock LLC
since 2016
3 recorded transactions
2018
Price N/A
2016
Price N/A
2006
Price N/A
Zoning & alternative use
C-MX-16 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

e. Mixed Use - 16 (C-MX-16) C-MX-16 applies to areas or intersections served primarily by major arterial streets where a building scale of 3 to 16 stories is desired. F. Mixed Use - 20 (C-MX-20) C-MX-20 applies to areas or intersections served primarily by major arterial streets where a building scale of 3 to 20 stories is desired. SE CTION 7.2.3 RESIDENTIAL…

Zone name Urban Center Neighborhood Context Mixed Use 16
General category MIXED_USE
Zone area 168.50 ac
Source Denver Zoning Code
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