4100 38Th AveDenver, CO 80212

  • Office properties
  • 7,756 SF
For Lease
$18/SF/YR View listing

Property Details for 4100 38Th Ave

Year built
1963
Construction
STEEL FRAME
Lot size
0.22 AC
Property size (Sq ft)
7,756 SF
Zone code
U-MS-3
Property type
Office properties
Property subtype
Office buildings
APN
02301-06-028-000
APU
230106028000

Description

This exceptional Class A office property, located at 4100 W 38th Avenue in Denver, Colorado, 80212, offers multiple suites for lease within a single, two-story building. The total building size is 7,368 square feet, with a minimum divisible space of 750 square feet and a maximum contiguous space of 3,428 square feet. Currently, 3,428 square feet are vacant and available for lease. The building features one elevator and ample parking with 15 spaces. The property boasts a prime location on the busy West 38th Corridor near 38th & Tennyson, providing unmatched visibility and exposure. Suite E, a 750 square foot space, is immediately available and includes an open area, reception desk, four private offices, a private bathroom, and storage. Other available suites range in size, with one recently renovated suite featuring a Class A buildout, including multiple offices, a conference room, reception area, bullpen areas, kitchenette, two bathrooms, and ample storage. This versatile property is ideal for a variety of businesses seeking a high-profile location with convenient amenities. The property offers excellent street visibility and the rare benefit of off-street parking. Lease rates vary depending on the suite and size.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,604,252
    6.5%
    $1,480,848
    7%
    $1,375,073
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,770,854
    Geo Method
    $640,801
  • Alternative Use

    Use
    Valuation
    Residential
    $1,836,252
    Hospitality
    $1,681,997
    Educational
    $1,399,402
    Medical
    $1,447,529
    Retail
    $2,176,847
4100 38Th Ave, Denver, Colorado

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.7692
Longitude
-105.041
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$29,481
$311,670
$68,800
$380,470
-
$1,147,100
$246,600
$1,393,700

FAQs

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