3741 BroadwayEnglewood, CO 80113

  • Strip malls
  • 6,084 SF
For Lease
$19.50/SF/YR View listing

Property Details for 3741 Broadway

Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.36 AC
Property size (Sq ft)
6,084 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
2077-03-2-27-024
APU
207703227024

Description

This exceptional retail opportunity is located at 3741 S Broadway in Englewood, Colorado, within Arapahoe County (zip code 80113). The property offers a 1,020 square foot end-cap retail space, part of a larger 2,040 square foot suite, ideal for a variety of businesses. The space is available for lease starting February 1st, 2025. Benefit from excellent visibility and high traffic counts, with approximately 43,000 cars passing by daily. The property features convenient on-site and street parking for customers and employees. A prominent monument sign on South Broadway provides excellent branding opportunities. The lease is a NNN (Net, Net, Net) structure with a base rent of $19.50 per square foot, and a CAM (Common Area Maintenance) charge of $10.32 per square foot. This prime location offers unparalleled access to a large customer base in a thriving commercial area. Don't miss this chance to establish your business in a high-visibility, high-traffic location. Serious inquiries only. Please do not disturb tenants.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,555,050
    6.5%
    $1,435,430
    7%
    $1,332,900
  • Comparable approach

    Method
    Valuation
    Relative Method
    $522,766
    Geo Method
    $522,766
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,867,320
    Mixed-Use / Specialty
    $1,402,790
    Hospitality / Lodging
    $993,356
    Office
    $1,365,800
    Institutional / Educational
    $1,448,500
    Residential Income
    $1,694,750
    Multifamily
    $2,185,150
    Automotive / Energy
    $1,241,570
    Parking / Income-Based Land
    $455,640
    Restaurant / Food Service
    $670,873
    Healthcare / Senior Housing
    $1,466,760

Location Insight

City
Englewood
County
Arapahoe
State
Colorado
Latitude
39.6486
Longitude
-104.988
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
$20,960
-
-
$306,342
-
$468,750
$629,250
$1,098,000

FAQs

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