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For more information: DAVID FOLEY, Principal | Managing Broker 303.299.8643 | [email protected] MAKERS COMMERCIAL (303) 229-8643 [email protected] www.makersre.com 14100 E. EXPOSITION AVE. AURORA, CO CO DEPT. OF CORRECTIONS: ADULT PAROLE OFFICE SINGLE TENANT INVESTMENT OFFERING

14100 E. EXPOSITION AVE. AURORA, CO...Jun 25, 2020  · 303.299.8643 DavidMakersRE.com MAERS COMMERCIAL (303) 229-8643 InfoMakersRE.com PROPERTY OVERVIEW 14100 E. EXPOSITION AVENUE

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Page 1: 14100 E. EXPOSITION AVE. AURORA, CO...Jun 25, 2020  · 303.299.8643 DavidMakersRE.com MAERS COMMERCIAL (303) 229-8643 InfoMakersRE.com PROPERTY OVERVIEW 14100 E. EXPOSITION AVENUE

For more information:DAVID FOLEY, Principal | Managing Broker303.299.8643 | [email protected]

MAKERS COMMERCIAL(303) 229-8643

[email protected]

14100 E. EXPOSITION AVE.AURORA, CO

CO DEPT. OF CORRECTIONS: ADULT PAROLE OFFICESINGLE TENANT INVESTMENT OFFERING

Page 2: 14100 E. EXPOSITION AVE. AURORA, CO...Jun 25, 2020  · 303.299.8643 DavidMakersRE.com MAERS COMMERCIAL (303) 229-8643 InfoMakersRE.com PROPERTY OVERVIEW 14100 E. EXPOSITION AVENUE

For more information:DAVID FOLEY, Principal | Managing Broker303.299.8643 | [email protected]

MAKERS COMMERCIAL(303) 229-8643

[email protected]

PROPERTY OVERVIEW

14100 E. EXPOSITION AVENUE is a Retail/Flex out-parcel building that is 10,880 SF with excellent visibility and signage opportunities in Aurora’s main retail district.

The RTD Light Rail runs directly in front of the property. The property is directly across the street from The Town Center at Aurora and steps to the RTD light rail and Aurora Metro Transit station.

The property, which was a former Pier 1 retail store, is well parked at 6.8:1,000, with updated and well-maintained mechanical systems. Retail, Flex or a number of other uses are allowed and may work for this unique building

14100 E. EXPOSITION AVE. Investment Sale

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Page 3: 14100 E. EXPOSITION AVE. AURORA, CO...Jun 25, 2020  · 303.299.8643 DavidMakersRE.com MAERS COMMERCIAL (303) 229-8643 InfoMakersRE.com PROPERTY OVERVIEW 14100 E. EXPOSITION AVENUE

For more information:DAVID FOLEY, Principal | Managing Broker303.299.8643 | [email protected]

MAKERS COMMERCIAL(303) 229-8643

[email protected]

Square Footage 10,880 SFCeiling Height 14’ - 24’ Clear (Vaulted)Occupancy 100% Occupied by CO Dept. of

CorrectionsParking 68 Free Surface Spaces (6.25:

1,000 SF)Lot Size 0.94 Acres (40,946 SF)Highlights • Directly on RTD Light Rail

• Located directly adjacent to the South end of the Aurora Mall

• 0.5 Mile from I-225• Many major retailers and

amenities in the immediate vicinity

• Brand new Tenant buildout (2021)

• Sticky Tenant with key location factors for long term

PROPERTY DETAILS

14100 E. EXPOSITION AVE. Investment Sale

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Page 4: 14100 E. EXPOSITION AVE. AURORA, CO...Jun 25, 2020  · 303.299.8643 DavidMakersRE.com MAERS COMMERCIAL (303) 229-8643 InfoMakersRE.com PROPERTY OVERVIEW 14100 E. EXPOSITION AVENUE

For more information:DAVID FOLEY, Principal | Managing Broker303.299.8643 | [email protected]

MAKERS COMMERCIAL(303) 229-8643

[email protected]

14100 E. EXPOSITION AVE. Investment Sale

ZONING

CCZD - COREOnly land within the area bounded by Interstate 225, Sixth Avenue, Chambers Road and Mississippi Avenue may be rezoned to the City Center district. All land designated with City Center district re-zoning shall also be included within one of the listed subareas.

COREThe core is the central area of the City Center where the greatest intensity of development shall occur. Major centers of employment and public facilities shall be functionally integrated with high density and commercial areas.

Ambulance ServiceCultural FacilitiesDwellings, Multi-FamilyHotel/ MotelMedical ClinicMeeting Facilities/ Conference CenterOfficeParking FacilityPlace Of WorshipPublic & Private School, Training CenterPublic UsesRestaurantRetailDay Care/ Child CareIndoor Recreation/ GymPersonal Services

PermittedPermittedPermittedPermittedPermittedPermittedPermittedPermittedPermittedPermittedPermitted

Permitted / ConditionalPermitted / ConditionalPermitted / ConditionalPermitted / ConditionalPermitted / Conditional

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Page 5: 14100 E. EXPOSITION AVE. AURORA, CO...Jun 25, 2020  · 303.299.8643 DavidMakersRE.com MAERS COMMERCIAL (303) 229-8643 InfoMakersRE.com PROPERTY OVERVIEW 14100 E. EXPOSITION AVENUE

For more information:DAVID FOLEY, Principal | Managing Broker303.299.8643 | [email protected]

MAKERS COMMERCIAL(303) 229-8643

[email protected]

FLOOR PLAN

14100 E. EXPOSITION AVE. Investment Sale

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Page 6: 14100 E. EXPOSITION AVE. AURORA, CO...Jun 25, 2020  · 303.299.8643 DavidMakersRE.com MAERS COMMERCIAL (303) 229-8643 InfoMakersRE.com PROPERTY OVERVIEW 14100 E. EXPOSITION AVENUE

For more information:DAVID FOLEY, Principal | Managing Broker303.299.8643 | [email protected]

MAKERS COMMERCIAL(303) 229-8643

[email protected]

5 MILE

3 MILE

1 MILE

LOCATION

2020 Summary 1 Mile 3 Miles 5 Miles

Population 20,500 185,800 422,400

Households 8,200 73,600 176,800

Traffic Counts 162,600

AverageHousehold Size 2.5 2.5 2.5

Median Age 33 34.5 35

Median Household Income $ 0,000 $ 0,000 $ 0,000

Average Household Income $ 54,900 $ 65,100 $ 75,550

14100 E. EXPOSITION AVE. Investment Sale

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Page 7: 14100 E. EXPOSITION AVE. AURORA, CO...Jun 25, 2020  · 303.299.8643 DavidMakersRE.com MAERS COMMERCIAL (303) 229-8643 InfoMakersRE.com PROPERTY OVERVIEW 14100 E. EXPOSITION AVENUE

For more information:DAVID FOLEY, Principal | Managing Broker303.299.8643 | [email protected]

MAKERS COMMERCIAL(303) 229-8643

[email protected]

14100 E. EXPOSITION AVE. Investment Sale

Aurora MallThe Aurora Mall is truly a place where locals come to eat, shop and play. With the recent addition of In-n-Out Burger and over 130 stores and restaurants, the Aurora Mall is a regional shopping destination. Located near Buckley Air Force Base, The Anschutz medical Campus, the Lowry neighborhood and dowtown development. The Mall sits directly off I-225, which is the main path of travel for visitors flying into Denver from Denver International Airport.

MAJOR RETAILERS NEARBY• In-N-Out• Sam’s Club• Walmart Supercenter• Starbucks• Hobby Lobby• Petsmart• Chick-Fil-A• Home Depot• Best Buy• Dillards• Target• Macy’s

BUSINESSES IN AURORA• UC Health• Raytheon Company• HealthONE• Children’s Hospital• Amazon• Tyco

NEARBY AMENITIES• Cherry Creek Reservior• The Gaylord Hotel• Denver International Airport• Buckley Air Force Base

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Page 8: 14100 E. EXPOSITION AVE. AURORA, CO...Jun 25, 2020  · 303.299.8643 DavidMakersRE.com MAERS COMMERCIAL (303) 229-8643 InfoMakersRE.com PROPERTY OVERVIEW 14100 E. EXPOSITION AVENUE

For more information:DAVID FOLEY, Principal | Managing Broker303.299.8643 | [email protected]

MAKERS COMMERCIAL(303) 229-8643

[email protected]

LOCATION

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COMPARABLES

BRAKES PLUS16770 E Iliff Ave

Date Sold: 6/25/2020

Sale Price: $2.34MM

CAP Rate: 5.2%

$/SF: $449.09/ SF

Occupancy: 100%

CALIBER COLLISION5050 Smith Rd.

Date Sold: 03/13/2020

Sale Price: $6MM

CAP Rate: 5.5%

$/SF: $356.59/ SF

Occupancy: 100%

JIFFY LUBE4555 Tower Rd.

Date Sold: 12/11/2020

Sale Price: $2.74MM

CAP Rate: 5.4%

$/SF: $887.63/ SF

Occupancy: 100%

DENVER ENDOSCOPY CENTER

8155 E 1st AveDate Sold: 1/15/2021

Sale Price: $3.3MM

CAP Rate: 5.6%

$/SF: $502.05/ SF

Occupancy: 100%

14100 E. EXPOSITION AVE. Investment Sale

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