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38-42 S Broadway 10,678 SF 100% Leased Retail Building Denver, CO 80209 $4,971,324 CAD ($465.57 CAD/SF) 7% Cap Rate
Investment Highlights
- High profile South Broadway location
- Off-street tenant parking
- Denver's coolest neighborhood
- Street and storefront signage
- Historic building
Executive Summary
Brochure Link: file:///M:/3%20-%20Real%20Estate/SBR%20-%20South%20Broadway%20Retail%20LLC/10%20-%20To%20Be%20Reviewed/S.%20Broadway%20Sale%20Package/2025-03-12%20S.%20Broadway%20Retail%20-%20OM%20R3.pdf
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,678 SF
Building Class
C
Year Built/Renovated
1932/2007
Price
$4,971,324 CAD
Price Per SF
$465.57 CAD
Cap Rate
7%
NOI
$347,993 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.75
Lot Size
0.14 AC
Zoning
B-4
Parking
6 Spaces (0.56 Spaces per 1,000 SF Leased)
Frontage
50’ on S Broadway
Amenities
- Signalized Intersection
Very walkable
80/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5104-09-006 | Improvements Assessment | $199,367 CAD |
| Land Assessment | $199,367 CAD | Total Assessment | $1,095,276 CAD |
Property Taxes
Parcel Number
5104-09-006
Land Assessment
$199,367 CAD
Improvements Assessment
$199,367 CAD
Total Assessment
$1,095,276 CAD
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38-42 S Broadway
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