10212-10222 E Colfax Ave | Aurora, CO 80010
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10212-10222 E Colfax Ave
Aurora, CO 80010
Multi-Tenant Retail | Denver MSA · Retail Property For Sale
Investment Highlights
- 100% occupied with triple net leases - all have annual increases
- Proforma NOI stabilizes to a 9.38% cap rate
- All three tenants have extended their leases in recent years showing commitment to the site
- 80% of the rent roll has below market rents
- Large lot with 31 off street parking spaces
- Priced below replacement cost
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
5,972 SF
Building Class
C
Year Built
1952
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Land Acres
0.53 AC
Zoning
OA-MS - OA-MS
Parking
31 Spaces (5.19 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 1973-03-1-03-015 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $236,034 |
PROPERTY TAXES
Parcel Number
1973-03-1-03-015
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$236,034
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