3080 BroadwayEnglewood, CO 80113

Property Details for 3080 Broadway

Year built

1995

Lot size

1.07 AC

Property size (Sq ft)

13,370 SF

Zone code

EB2

Property type

Retail properties

Property subtype

Drug stores

APN

1971-34-1-12-032

APU

197134112032

Description

This ±13,500 square foot freestanding retail building, built in 1994, sits on a 1.07-acre lot in Englewood, Colorado. Located at 3080 S Broadway, this property boasts exceptional visibility and accessibility, situated at an intersection with approximately 38,660 vehicles passing daily. The building features a convenient drive-thru and ample parking with approximately 55 striped spaces. This prime location benefits from strong demographics, with approximately 387,444 residents within a 5-mile radius. The surrounding area offers a robust commercial landscape, including approximately 8.3 million square feet of retail space, 5.0 million square feet of office space, and 1.2 million square feet of medical office space all within a 3-mile radius. The property is offered fee simple and presents a unique opportunity for investors and businesses seeking a high-traffic location in a thriving Denver infill market. The property's size and features make it suitable for a variety of retail uses. This is a rare opportunity to acquire a substantial retail property in a densely populated and commercially active area. The existing infrastructure, including the drive-thru, provides significant operational advantages. The high daily traffic count ensures maximum exposure for any business operating from this location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,217,448

  6.5%

  $3,893,029

  7%

  $3,614,955

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,783,666

  Geo Method

  $2,783,666

• Alternative Use

  Use

  Valuation

  Residential

  $3,283,916

  Hospitality

  $3,008,049

  Educational

  $2,502,661

  Medical

  $2,588,732

  Retail

  $3,893,029

Location Insight

City

Englewood

County

Arapahoe

State

Colorado

Latitude

39.6611

Longitude

-104.987

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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