5880 BroadwayDenver, CO 80216

Property Details for 5880 Broadway

Year built

1974

Lot size

0.55 AC

Property size (Sq ft)

5,192 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

R0103557

APU

R0103557

Description

This exceptional 5,456 square foot retail property, located at 5880 N Broadway in Denver, Colorado, presents a compelling investment opportunity. Situated in Adams County, with easy access to I-25, this standalone building enjoys a high-traffic location within a vibrant North Denver neighborhood. The expansive interior offers ample space for a variety of retail concepts, allowing for customization to suit individual business needs. The open floor plan provides flexibility for layout and design, catering to diverse operational requirements. The property benefits from convenient access to I-25, ensuring excellent visibility and accessibility for customers throughout the Denver metro area. Ample parking is available on-site, a significant advantage in this bustling commercial area. The surrounding area boasts a diverse mix of businesses and entertainment venues, creating a dynamic and thriving community. This property's prime location and spacious layout make it an ideal investment for entrepreneurs seeking a high-impact retail presence in a desirable Denver neighborhood. The 80216 zip code further underscores its strategic position within a robust market. This is a rare opportunity to acquire a well-situated, sizable retail space in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,823,531

  6.5%

  $1,683,260

  7%

  $1,563,027

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,435,658

  Geo Method

  $1,080,987

• Alternative Use

  Use

  Valuation

  Residential

  $1,419,893

  Hospitality

  $1,300,614

  Educational

  $1,082,096

  Medical

  $1,119,310

  Retail

  $1,683,260

Location Insight

City

Denver

County

Adams

State

Colorado

Latitude

39.8028

Longitude

-104.987

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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