Sable Shops | 14601 E Colfax Ave
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Sable Shops 14601 E Colfax Ave
19,692 SF 100% Leased Retail Building Aurora, CO 80011 $2,530,064 ($128/SF) 6.25% Cap Rate
Investment Highlights
- 6,271 SF three tenant retail building.
- High visibility, great access, and parking.
- Diverse tenant mix, ZERO turnover.
- Built in 2005, modern construction.
- Strong retail demand in trade area.
Executive Summary
100% net leased, multi-tenant retail investment opportunity in Aurora, CO. This impressive retail asset features three national credit tenants. Chase Bank exercised their option to renew early through 2030.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,692 SF
Building Class
B
Year Built
2005
Price
$2,530,064
Price Per SF
$128
Cap Rate
6.25%
NOI
$158,129
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.53
Lot Size
0.85 AC
Zoning
B-3, Aurora - B-3, Aurora
Parking
30 Spaces (4.46 Spaces per 1,000 SF Leased)
Frontage
198 FT on Colfax Ave
Amenities
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 1821-31-4-13-003 | Improvements Assessment | $314,920 |
Land Assessment | $123,310 | Total Assessment | $438,230 |
PROPERTY TAXES
Parcel Number
1821-31-4-13-003
Land Assessment
$123,310
Improvements Assessment
$314,920
Total Assessment
$438,230
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Sable Shops | 14601 E Colfax Ave
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