1229-1235 South Broadway

For Sale

1229-1235 South Broadway, Denver, CO 80210

This Denver property for sale is located at 1229-1235 South Broadway. The current listed sale price for 1229-1235 South Broadway is $4,600,000. 1229-1235 South Broadway is situated on a lot that is 0.29 acre in size.

Contacts

broker

Peter Sengelmann

Pinnacle Real Estate Advisors

Property Details

  • Property Type Retail - Street Retail
  • Property Size 14,871 SF
  • Lot Size 0.29 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1945
  • Year Renovated 2018
  • Date Updated Jun 7, 2024
Pinnacle Real Estate Advisors is thrilled to present an exclusive retail investment opportunity at 1225-1235 S. Broadway, Denver, CO 80210. This exceptional property invites qualified investors to acquire a prime adaptive reuse asset within one of Denver’s most dynamic retail corridors. Situated amidst the vibrant energy of the Gates District Redevelopment and surrounded by numerous new multi-family projects, this location is at the heart of Denver’s growth and innovation. The property, fully modernized in a comprehensive 2018 renovation, boasts state-of-the-art systems and infrastructure. Investors will benefit from NNN leases with tenants at below-market rates, ensuring stable, attractive returns. Additionally, the property features lucrative billboard income, further enhancing its investment appeal. Don’t miss this chance to secure a gem in Denver’s booming retail landscape.Introducing a prime retail investment opportunity at 1229-1235 South Broadway, Denver, CO. This 14,871 SF building, meticulously renovated in 2018, boasts a 100% occupancy and attractive features for retail investors. With a strategic location in the bustling Denver area and proximity to the Gates District redevelopment, the property promises increased foot traffic and prominence in this retail corridor. The asset's all-new systems, NNN lease structure, and diverse tenant mix, including an e-commerce resistant ghost kitchen, restaurant, and photo studio, ensure long-term stability. Additional low-maintenance income is provided by a billboard tenant. Notably, the property offers a barreled roof, a new patio with scenic mountain views, and a desirable I-A zoning.

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Highlights

  • All new systems installed including roof, mechanical, plumbing and electrical
  • The asset is in an excellent location given the proximity to the Gates District redevelopment which will only increase the density and foot traffic in this retail corridor
  • All current tenants operate on NNN leases with escalations and replaceable rents
  • The billboard tenant provides additional low maintenance income
  • The asset is structured to be a retail cornerstone in the submarket for the long term
  • Healthy mix of e-commerce resistant tenants which includes a ghost kitchen, restaurant and photo studio
  • Surrounding HH incomes are outstanding with an average of $141,542 in a 1-mile radius and are very appealing to the majority of users in the marketplace
  • The property maintains the coveted barreled roof as well as a brand new patio with mountain views for the restaurant tenant
  • Over 35,000 vehicles per day on South Broadway

Getting around

  • 84/100

    Walk Score ®

  • 61/100

    Transit Score ®

  • 79/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Denver, CO
  • Neighborhood Overland
  • Zip Code 80210
  • Market Denver

Points of Interest

  • Louisiana & Pearl

    0.52 miles

  • I-25 & Broadway

    0.54 miles

  • 10th & Osage

    2.77 miles

  • 16th & California

    3.51 miles

  • 16th & Stout

    3.60 miles

  • 18th & California

    3.63 miles

  • Yale

    3.69 miles

  • 20th & Welton

    3.72 miles

  • 18th & Stout

    3.72 miles

  • Ball Arena / Elitch Gardens

    3.94 miles

  • Aqua Golf

    0.42 miles

  • Conoco

    0.45 miles

  • ChargePoint

    0.46 miles

  • Shell

    0.57 miles

  • Conoco

    1.19 miles

  • Sinclair

    1.20 miles

  • Diamond Shamrock

    1.21 miles

  • Conoco

    1.32 miles

  • Shell

    1.35 miles

  • Phillips 66

    1.38 miles

  • I-25 & Broadway Park-n-Ride

    0.53 miles

  • Handicapped

    0.96 miles

  • Evans Station Park-n-Ride

    1.19 miles

  • Parking Lot C

    1.43 miles

  • University of Denver Station Park-n-Ride

    1.44 miles

  • Cable Center Hourly (314)

    1.47 miles

  • Ogden St S

    1.53 miles

  • Brittany House (Permit Only)

    1.53 miles

  • Parking Lot Q

    1.55 miles

  • Private

    1.56 miles

  • Adelitas Cocina Y Cantina

    0.07 miles

  • Maria Empanada

    0.08 miles

  • Palenque Mezcaleria

    0.08 miles

  • Pasquini's Pizzeria

    0.10 miles

  • GB Fish and Chips

    0.11 miles

  • La Chiva Colombian Cuisine

    0.24 miles

  • Breakfast King

    0.25 miles

  • Snarf's Sandwiches

    0.32 miles

  • Kaos Pizzeria

    0.46 miles

  • Izakaya Den

    0.49 miles

  • Sprouts Farmers Market

    0.22 miles

  • Whole Foods Market

    0.44 miles

  • Natural Grocers

    1.07 miles

  • Safeway

    1.14 miles

  • Pacific Ocean Marketplace

    1.77 miles

  • Lowe's Mercado

    1.93 miles

  • Ben Thanh Asian Market

    2.02 miles

  • King Soopers

    2.03 miles

  • Angel's Miscelanea

    2.10 miles

  • Walmart Supercenter

    2.14 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Peter Sengelmann

Pinnacle Real Estate Advisors