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10212-10222 E Colfax Ave
Aurora, CO 80010
Colfax Shops - Below Market Rents · Retail Property For Sale
Investment Highlights
- 100% occupied with triple net leases
- Proforma NOI stabilizes to an 9.00% cap rate
- All three tenants have extended their leases in recent years showing commitment to the site
- Value-add component – 80% of the rent roll has below market rents
- Large lot with 31 off street parking spaces
- 178,000 residents and an average annual household income of $91,600 within three miles
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
Lot Size
0.53 AC
Zoning
OA-MS - OA-MS
Parking
31 Spaces (5.19 Spaces per 1,000 SF Leased)
Frontage
80’ on Colfax Ave
Property Taxes
| Parcel Number | 1973-03-1-03-015 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $349,110 |
Property Taxes
Parcel Number
1973-03-1-03-015
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$349,110
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