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Value-Add Retail Strip Center

10660 E Colfax Ave Aurora, CO 80010

10660 E Colfax Ave, Aurora, CO, 80010

$1,965,000

For Sale

$1,965,000

Fully leased retail strip center with value-add opportunity.

Property Size9,197 SF

Price / SF$213.66

AddedNov 21, 2025

Days on Market236

Last RefreshMay 19 at 8:01 pm

Property Features for 10660 E Colfax Ave

General Information

Standard status: Active
Size: 9,197 SF
Property subtype: Retail

Building Details

Year Built: 1956

Listing office Pinnacle Real Estate Advisors

Listing date Nov 21, 2025

Source Pinnaclerea

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Real Estate Advisors

Investment Insights

Based on property information with market context.

This 9,197 square foot multi-tenant retail strip center is located in the heart of the East Colfax retail corridor, just west of Anschutz Medical Campus. The property is currently 100% occupied with 10 specialty and service-based tenants, all of whom are on gross leases at well below market rates. It offers a value-add opportunity in a redeveloping area. The property features high visibility on the Colfax retail corridor and a dedicated onsite parking lot. The tenant mix is service-oriented, providing an easy value-add opportunity through bringing leases to market. It is situated next to the City Wide Bank building.

Key Highlights

Value‑add opportunity through bringing below‑market leases up to market rates.
Located in the heart of the East Colfax retail corridor, near Anschutz Medical Campus.
High visibility on Colfax retail corridor.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$182.1k	$19.80
− Vacancy	−$15.5k	−$1.68
EGI	$166.6k	$18.12
− OpEx	−$50.0k	−$5.44
NOI	$116.6k	$12.68

9,197 SF · lease $19.80/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.67M

$1.46M – $1.94M (±1% cap)

NOI $116,635 @ 7.0% cap · market cap 5.94%

Second Best

—

no second resolved use

Theoretical Best

Office A

$2.57M

$2.25M – $3.00M (±1% cap)

NOI $179,893 @ 7.0% cap · market cap 9.15%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

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For sale
Strip malls
CO
Aurora
80010
10660 E Colfax Ave

What type of property is this?

Strip mall - Fully leased retail strip center with value-add opportunity.

Where is this strip mall located?

The property is located at 10660 E Colfax Ave Aurora, CO.

What is the asking price?

The asking price for this property is $1,965,000.

What are key features of this property?

This property features: Value‑add opportunity through bringing below‑market leases up to market rates.; Located in the heart of the East Colfax retail corridor, near Anschutz Medical Campus.; High visibility on Colfax retail corridor.