10601 E Alameda Ave
Aurora, CO 80012
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute Net Lease With Over 5 Years Remaining and Ten, 5-Year Renewal Options | No Landlord Responsibilities
- High Performing Location | Sales Consistently Well Above National Average | Corporately Guaranteed Lease
- Adjacent to Multiple Medical Offices Near a Dense Retail Corridor
- Percentage Rent Increases
- Hard, Signalized Corner Location With Dedicated Turn Lanes and Drive-Thru Pharmacy
- Property Has Excellent Visibility Along E Alameda Ave, Seeing 33,700+ Vehicles Per Day, and S Havana St, Seeing 40,700+ Vehicles Per Day
EXECUTIVE SUMMARY
2005 Build-to-Suit for Walgreens | 14,783-SF Building on +/-1.81-AC Parcel
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,783 SF
Building Class
B
Year Built
2005
Price
$4,278,787
Price Per SF
$289.44
Cap Rate
8.25%
NOI
$353,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.81 AC
Zoning
B-1, Aurora - MU-C (Mixed Use Corridor)
Parking
78 Spaces (5.28 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Security System
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 1973-11-3-40-004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $919,584 |
