Multitenant NNN Flex Investment 15601 E 6th Ave

15601 E 6th Avenue is a fully occupied, two-tenant NNN investment located in a rapidly growing area of Colorado. This 21,001-square-foot property is listed for $4,200,000, offering a 6.20% in-place capitalization rate. The automotive-focused asset features strong tenants and favorable leases with minimal landlord responsibilities (limited to roof and structure). One of the tenants, Chase Automotive, is a well-established, locally owned auto repair shop that has operated at this location for over 15 years. The other tenant, Point S Tire & Auto Service, is a nationally recognized franchise managed by local operators with multiple locations across Colorado.
Situated on a 2.18-acre lot, the property offers ample parking for tenants and customers. It is ideally located at a signalized intersection with high traffic flow from two of Aurora's major thoroughfares: 6th Avenue and Chambers Boulevard. Additionally, it provides convenient access to I-225, I-25, and I-70. In the past five years, several capital improvements have been completed, including upgrades to the roof, RTUs, and flatwork. Notably, the roof comes with a 10-year transferable warranty, effective from 2021.