This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

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.

Property Facts

Sale Type Investment NNN
Sale Conditions
Sale Leaseback
  • Redevelopment Project
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • FlexLight Distribution
Building Class B
Lot Size 15.15 AC
Rentable Building Area 160,509 SF
No. Stories 1
Year Built/Renovated 1981/2024
Parking Ratio 5/1,000 SF
Clear Ceiling Height 24 FT
No. Dock-High Doors/Loading 16
No. Drive In / Grade-Level Doors 1

Amenities

  • Fenced Lot
  • Property Manager on Site
  • Skylights
  • Air Conditioning

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

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)
  • Listing ID: 33061667

  • Date on Market: 9/4/2024

  • Last Updated:

  • Address: 403 S Airport Blvd, Aurora, CO 80017

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}