1151 S Chambers Rd, Aurora, CO 80012
Ground lease within a King Soopers-anchored center, with scheduled rent increases and renewal options.
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The agreement carries an initial 15-year term, with 10% rent increases scheduled every five years. Five additional five-year renewal periods are available after the initial term. The property is along E Mississippi Avenue, which records over 38,000 vehicles per day, and the surrounding five-mile area has a population of 383,309.
Key Highlights
- Take 5 ground lease in a King Soopers‑anchored center
- Initial 15‑year lease term
- 10% rent increases every 5 years
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Vacancy Rate% for Retail in West region