403 S Airport Blvd
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403 S Airport Blvd
160,509 SF 100% Leased Industrial Building Aurora, CO 80017 For Sale
Investment Highlights
- Multifamily Redevelopment
- Functional Layout
- Favorable Building & Land Basis
Executive Summary
Kenai Capital Advisors (“Kenai”), acting as exclusive advisors for the seller, is pleased to present the
opportunity to acquire the fee simple interest in 403 S Airport Boulevard, a 160,555 SF industrial property
located in Aurora, Colorado (“The Property”). The Property is currently leased to two tenants with 4.0
years of WALT located near Buckley Space Force Base.
The property is strategically situated off Interstate 225, used by 152,000 cars daily to pass through
Aurora. Interstate 225 serves as a crucial logistics route between South Denver’s major population
centers and the industrial corridor of Interstate 70. This centrally located infill site offers investors a
rare opportunity to acquire 15.15 acres of land zoned for multifamily, complete with existing income
streams. Located at 403 S Airport Boulevard, this site is one of the few infill locations of its size available
for redevelopment. The weighted average lease term provides ample time for investors to harvest
cash flow while planning a development or holding the property as a long-term industrial investment.
Currently, the property is 100% leased to a local moving & storage company and a charter school.
This highly functional industrial asset not only provides in-place cash flow but also presents significant
redevelopment potential. It is a unique opportunity for investors and developers to capitalize on the
growth occurring in Aurora.
opportunity to acquire the fee simple interest in 403 S Airport Boulevard, a 160,555 SF industrial property
located in Aurora, Colorado (“The Property”). The Property is currently leased to two tenants with 4.0
years of WALT located near Buckley Space Force Base.
The property is strategically situated off Interstate 225, used by 152,000 cars daily to pass through
Aurora. Interstate 225 serves as a crucial logistics route between South Denver’s major population
centers and the industrial corridor of Interstate 70. This centrally located infill site offers investors a
rare opportunity to acquire 15.15 acres of land zoned for multifamily, complete with existing income
streams. Located at 403 S Airport Boulevard, this site is one of the few infill locations of its size available
for redevelopment. The weighted average lease term provides ample time for investors to harvest
cash flow while planning a development or holding the property as a long-term industrial investment.
Currently, the property is 100% leased to a local moving & storage company and a charter school.
This highly functional industrial asset not only provides in-place cash flow but also presents significant
redevelopment potential. It is a unique opportunity for investors and developers to capitalize on the
growth occurring in Aurora.
Property Facts
Amenities
- Fenced Lot
- Property Manager on Site
- Skylights
- Air Conditioning
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
Parcel Number | 1975-17-1-21-001 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $2,810,633 |
PROPERTY TAXES
Parcel Number
1975-17-1-21-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,810,633
zoning
Zoning Code | MU-OI (Aurora Mixed Use Office Industrial which allows for Multifamily Redevelopment) |
MU-OI (Aurora Mixed Use Office Industrial which allows for Multifamily Redevelopment) |
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403 S Airport Blvd
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