3585 Central Park BlvdDenver, CO 80238

Property Details for 3585 Central Park Blvd

Year built

2019

Construction

WOOD

Lot size

1.12 AC

Property size (Sq ft)

12,021 SF

Zone code

C-MU-20

Property type

Strip malls

Property subtype

Neighborhood centers

APN

01286-02-008-000

APU

128602008000

Description

This exceptional Class A retail space, located at 3585 Central Park Blvd in Denver, Colorado's Stapleton submarket, offers 2,239 square feet of vacant space within a 12,184 square foot multi-tenant building. Built in 2020, this property boasts a prime location, just steps from the RTD A Line light rail station, providing unparalleled access to Denver's extensive public transportation network. The building enjoys high visibility and foot traffic, situated amongst established businesses including Sprouts Farmers Market, JP Morgan Chase, Ike's Love and Sandwiches, Blue Sky Lounge Spa and Salon, and Club Pilates. This presents a unique opportunity for a restaurant or similar business to thrive in a vibrant and well-connected community. The property is situated in Denver County, zip code 80238, and offers excellent potential for growth due to its strategic location and the high-traffic nature of the Stapleton area. This is a rare opportunity to secure a space in a thriving retail center with strong existing tenants and convenient public transportation access. The property is categorized as a multi-tenant retail building, offering a dynamic and collaborative environment. The building's modern construction and prime location make it an ideal choice for businesses seeking high visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $2,519,380

  6.5%

  $2,325,580

  7%

  $2,159,470

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,452,470

  Geo Method

  $1,032,900

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,465,920

  Mixed-Use / Specialty

  $2,345,240

  Hospitality / Lodging

  $1,757,030

  Office

  $2,360,430

  Institutional / Educational

  $2,448,100

  Residential Income

  $2,864,280

  Multifamily

  $3,280,280

  Automotive / Energy

  $2,098,370

  Parking / Income-Based Land

  $696,502

  Restaurant / Food Service

  $1,279,440

  Healthcare / Senior Housing

  $2,376,340

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7669

Longitude

-104.891

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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