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3550 West 38th Avenue
Denver, CO 80211
Asking Price
$8.99M
Cap Rate
6.87%
Asset Type
Traditional Office Retail
Class
Class B
What's Special
100% leased <p>Retail A of Plaza 38 at Lowell retail condo is a 22,041 square feet ground floor mixed retail, office, and commercial space. Its tenants include a physical therapist, real estate and accounting professional office spaces, complimented by a new nationally franchised music school, math tutoring, dental, nail salon and a national bank. It includes 48 full time surface parking spaces and 123 in the lower level. </p><p>Retail B can be combined with Retail A at $3,990,000 with a potential seller le
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NOI
$80,000
Cap Rate
0.89%
DSCR
0.15
Underwater
Cash-on-Cash
-16.82%
Monthly Payment
$44,477.615
Annual Cash Flow
$-453,731.379
