Girard Business Center 15200 E Girard Ave 38,855 SF 93% Leased Office Building Aurora, CO 80014 $3,299,000 ($84.91/SF) 10.47% Cap Rate

The Kramer Group of Marcus & Millichap is pleased to present the investment opportunity located at 15200 E Girard Ave. The property is just off the corner of East Hampden Avenue and South Chambers Road, two prominent thoroughfares that provide convenient access and strong visibility within the surrounding commercial corridor.
The building is comprised of approximately 38,855 rentable square feet and is configured to support a diverse tenant mix, featuring an average suite size of 883 square feet.
Over the past four years, the property has maintained an impressive average occupancy level of 90 percent, demonstrating consistent tenant demand and operational stability in the market. Additionally, tenants reimburse $1.80 for electrical expenses, helping offset operating costs and contributing to the asset’s efficient expense structure. Notably, the building’s bathrooms feature new sinks and granite finishes, creating a clean and professional environment for tenants and visitors alike. This asset is particularly well suited to the local market demographic. The smaller suite configurations provide the owner with significant leasing flexibility, allowing management to accommodate a
wide variety of tenant types and evolving business needs. This adaptability supports stable occupancy while creating opportunities to capture demand from service providers and professional offices. For investors, the combination of strong historical occupancy, expense reimbursements, and flexible suite sizes presents a compelling opportunity for continued income stability and long-term leasing resilience.