99 BroadwayDenver, CO 80209

Property Details for 99 Broadway

Year built

2018

Construction

STEEL FRAME

Lot size

2.28 AC

Zone code

U-MS-3

Property type

Retail properties

Property subtype

Turn key restaurants

APN

05103-20-063-000

APU

510320063000

Description

This exceptional restaurant space, located at 99 South Broadway in Denver, Colorado, 80209, offers a prime opportunity for a new culinary venture. The property boasts a total of 12,100 square feet, with 4,159 square feet currently vacant and available for lease. Units as small as 1,200 square feet are divisible, making it suitable for a variety of concepts. The space is ideally situated in the vibrant South Broadway District, between two signalized intersections, ensuring high visibility and excellent accessibility. Existing infrastructure includes a chase and grease trap, simplifying the setup for restaurant operations. The building offers dedicated retail parking within a garage, providing ample parking for patrons and staff. This location benefits from a strong existing tenant mix, including Dave's Hot Chicken, Boulder Barbers, Playa Bowl, and 2nd Street, creating a thriving and attractive commercial environment. The property is situated in Denver County, Colorado, and offers a total of 28 parking spaces. This is a rare opportunity to establish a restaurant in a high-traffic, well-established commercial district.

• CAP approach

  CAP return

  Valuation

  6%

  $31,271,572

  6.5%

  $28,866,066

  7%

  $26,804,204

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,640,354

  Geo Method

  $20,640,354

• Alternative Use

  Use

  Valuation

  Residential

  $24,349,606

  Hospitality

  $22,304,108

  Educational

  $18,556,756

  Medical

  $19,194,952

  Retail

  $28,866,066

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7152

Longitude

-104.988

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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