6920 W 38th Ave
Wheat Ridge, CO 80033

BLURIVER Commercial Advisors is delighted to present an exceptional investment opportunity: the acquisition of a fee simple interest in a prime mixed-use asset located at 6920 W 38th Ave, Wheat Ridge, Colorado. This versatile property features a total of 12,820 square feet of building space on a substantial 1.159-acre lot. With a net rentable area of 7,692 square feet, it offers investors both stable cash flow and significant growth potential. Originally constructed in 1961 and thoughtfully renovated in 2016, the asset occupies a high-visibility corner location that attracts considerable foot traffic and benefits from strong surrounding demographics. Situated in the rapidly growing community of Wheat Ridge, the property is surrounded by established businesses and residential neighborhoods. Its strategic position on West 38th Avenue provides excellent exposure and easy access to major highways, including Interstate 70, enhancing its appeal to both tenants and customers. The area boasts strong commercial dynamics and a favorable demographic profile, contributing to the property's attractiveness as an investment.
The tenant, Innovative Renal Care (IRC), operates within the vital healthcare sector, specializing in dialysis services. With the increasing prevalence of chronic kidney disease (CKD) and end-stage renal disease (ESRD), demand for dialysis services is projected to grow—driven by factors such as an aging population and rising rates of diabetes and hypertension. IRC's presence at this location underscores their commitment to meeting the healthcare needs of the community.
This asset presents investors with a compelling opportunity to acquire a property offering a stable income stream backed by a reputable tenant in a growing industry. Its prime location, recent renovations, and strong tenant profile make it an excellent addition to any investment portfolio seeking both stability and growth potential.