Auction - REIT Sale | Former Family Dollar 1395 Peoria St 8,484 SF Retail Building Aurora, CO 80011 $250,000 ($29.47/SF)

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing retail building located at 1395 Peoria Street, Aurora, Colorado 80011 (the “Property”). Formerly occupied by Family Dollar, the Property is being offered significantly below replacement cost, providing an excellent opportunity for owner-users or investors to acquire a highly visible, strategically positioned asset at a compelling basis.
Constructed in 2016, the Property features a ±8,484-square-foot single-story retail building on a ±0.6713-acre parcel (±29,244 SF). The site includes a curb cut for convenient ingress/egress and 30 total surface parking spaces. Positioned on a hard corner, the Property offers outstanding visibility with ±185 feet along E. 14th Avenue and over 150 feet of frontage along N. Peoria Street which benefits from ±26,347 VPD. The former triple-net (NNN) lease structure creates a clear value-add through re-tenanting at current market rates (estimated at ±$19-$24/SF NNN retail). Zoned MU-FB, Mixed-Use Fitzsimons Boundary District, the site benefits from broad use flexibility across retail and commercial programs.
The Property is located in Aurora, Colorado, within the Denver MSA in a federal opportunity zone. The Property is located just ±1.5 miles from I-225 (±153,909 VPD) and ±3 miles from I-70 offering outstanding regional connectivity and is only ±25 minutes east of Downtown Denver, positioning it ideally for both local and metro-wide retail trade. Aurora is one of the largest and fastest-growing cities in Colorado, supported by a robust employment base, major healthcare anchors, and a steady influx of residential development that continues to strengthen retail demand in the area. The Property benefits from proximity to key demand drivers, including University of Colorado’s Anschutz Medical Campus with over 800 beds in total across its facilities (±½-mi mile from the Property), Children’s Hospital of Aurora and Rocky Mountain Regional VA Medical Center, all of which generate substantial daytime population and service-oriented retail demand. Surrounding uses include a mix of neighborhood shopping centers, national retailers, regional restaurants, service providers, and hospitality assets that collectively draw consistent consumer traffic to the corridor. The Property benefits from dense and affluent demographics, with more than ±165,000 residents and an average household income (AHHI) of ±$103,342 within 3 miles. The expanded 5-mi trade area includes over ±419k residents with an AHHI of ±$118,610, reflecting strong purchasing power and market depth. Population growth is projected to continue over the next five years, underscoring sustained demand for neighborhood retail, and essential service providers. With its strong visibility, central location, and accessibility to major transportation routes, the Property is well-positioned for long-term success in one of metro Denver’s most established and rapidly expanding suburban corridors.