www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24173358
24173370

3025 W 38th Ave, Denver, CO 80211

EL
CO 100080975
All County Property Management and Real Estate Metro Denver
Listed by All County Property Management and Real Estate Metro Denver
$1,100,000
352 days on market
Updated 80 days ago

NNN Investment In Highlands

Details
APN L 46 & 47 BLK 1 BLVD HIGHLANDS
Property Type Office
Sub Type Medical Office
Square Footage 2,679
Net Rentable (SqFt) 2,679
Cap Rate 6.58%
NOI $72,369
Occupancy 100%
Tenancy Single
Brand/Tenant serenity dental
Lease Type NNN
Lease Term 7
Remaining Term 4
Rent Bumps Yes
Pro-Forma Cap Rate 7.19%
Pro-Forma NOI $79,079
Price per SqFt $411
Broker Co-Op Yes
Class B
Year Built 1908
Year Renovated 2020
Buildings 1
Lot Size (SqFt) 5,663
Zoning U-MS-3
Parking Spaces 6 spaces
Parking Per SqFt 2.24
Investment Type Net Lease
Occupancy Date 06/11/2018
Ground Lease No
Ownership Investor

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

Listing Contacts

EL
CO 100080975
All County Property Management and Real Estate Metro Denver
Listed by All County Property Management and Real Estate Metro Denver

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,369.00
$6,030.75/mo

Valuation Metrics

0
DSCR
6.58%
Cap Rate
6.58%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Eddie Lederman
License
100080975
Brokerage
All County Property Management and Real Estate
Brokerage Phone
3035645864
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591