
NNN Investment In Highlands
An Opportunity to Acquire a Consistent Source of Revenue and Minimal Exposure
Marketing description
Located at the signalized intersection of West 38th Avenue and Federal Boulevard, 3025 W 38th Ave offers prime frontage in one of Denver’s most dynamic and evolving commercial corridors. Sitting at the convergence of the Berkeley and Highlands neighborhoods, this property benefits from exceptional daily traffic counts, walkability, and direct access to both affluent residential communities and a dense mix of local businesses. The surrounding area continues to see investment in infrastructure and commercial infill, supporting long-term appreciation and tenant demand.
The property is currently occupied by a single, stable medical tenant—Serenity Dental Arts—under a long-term triple-net (NNN) lease with approximately four and a half years remaining and built-in annual rent escalations through 2030 with 2 five year options to renew. This lease structure provides predictable cash flow with minimal landlord responsibilities, making it ideal for passive investors. The tenant has an excellent reputation and operates profitably in a space optimized for dental or other medical office use, further enhancing the stickiness of occupancy.
Zoned U-MS-3, the property allows for up to three stories of development, giving investors the option to expand or redevelop in the future. With a lot size of over 5,600 square feet and six dedicated parking spaces, the site is well-positioned for vertical expansion or mixed-use repositioning. In a market where redevelopment sites with income in place are increasingly scarce, this property offers both immediate yield and long-term upside.
The Highlands-Berkeley submarket has demonstrated consistent economic growth, with strong residential property values, high-income demographics, and a steady influx of new restaurants, retailers, and service providers. This commercial corridor has proven resilient even through market fluctuations, making it a reliable location for long-term commercial tenants. The property’s prominent signage and corner visibility only strengthen its appeal to current and future tenants.
For investors seeking a blend of reliable cash flow, strong tenant performance, and redevelopment potential, 3025 W 38th Ave represents an outstanding opportunity. It checks all the boxes for a diversified portfolio: location in a high-demand urban submarket, a proven tenant with secure lease terms, zoning that supports future growth, and market fundamentals that continue to attract both users and capital. This is not just a stable investment—it’s a strategic foothold in one of Denver’s most desirable urban corridors.
Investment highlights
Stabilized NNN Medical Office Investment
Fully leased to Serenity Dental Arts under a triple-net (NNN) lease
~4.6 years remaining with annual rent escalations through 2030 with 2 options to renew 5 years each
Landlord Responsibilties are roof and HVAC Replacement
Prime Urban Corner in Highlands-Berkeley Corridor
Located at the signalized intersection of W 38th Ave & Federal Blvd
High-visibility location with over 20,000 VPD (vehicles per day)
Surrounded by high-performing restaurants, retailers, and residential density
Zoned U-MS-3 – Redevelopment/Expansion Potential
Zoning permits up to 3 stories of mixed-use or multifamily development
Future potential to add density or vertically expand while collecting income
Ideal for long-term hold, value-add, or covered land play
Strong Site Features & Tenant Appeal
±2,679 SF freestanding building with 6 private off-street parking spaces
Monument signage and dual street frontage offer excellent branding potential
Tenant improvements tailored for medical/dental use, reducing vacancy risk
Outstanding Market Fundamentals
In one of Denver’s most sought-after infill submarkets
Surging rental and property value trends in Highlands & Berkeley
Affluent local demographics and stable demand for neighborhood services
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