Three-Level Office Unit
For Sale
Contact for pricing
12351-12375 E Cornell Ave, Aurora, CO 80014
Distinct floor-by-floor suites and a 2024 HVAC replacement define the office configuration.
Property Size2,560 SF
Price / SF$146.48
Days on Market62
Property Features for 12351-12375 E Cornell Ave
General Information
Standard status
Active
Size
2,560 SF
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Office Units
3
Building Details
Buildings
1
Stories
3
Listing Agency:
Trevey Commercial Real Estate
(303) 841-1400
Listed By:
Landon Michael · License #FA100105520
(720) 636-4607
Source:
Moodyscre
Added: Aug 10
Changed: Oct 7
Last Checked: Oct 7 at 1:06PM
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 Trevey Commercial Real Estate
Investment Insights
Based on property information with market context.
This 2,560-square-foot office property is arranged across three levels, with a separate suite on each floor. The HVAC system was replaced in 2024. Recent common-area improvements include roof and sidewalk replacement, refreshed stucco, and work on the parking lot. Monthly HOA dues cover exterior maintenance, trash, snow removal, and landscaping.
Located at 12351-12375 E Cornell Ave in Aurora, CO 80014, the property sits directly off I-225 and Parker Road. Nine Mile Station is within walking distance and provides access to RTD’s R-Line. Cherry Creek State Park and The Point at Nine Mile Station retail are minutes from the office.
Located at 12351-12375 E Cornell Ave in Aurora, CO 80014, the property sits directly off I-225 and Parker Road. Nine Mile Station is within walking distance and provides access to RTD’s R-Line. Cherry Creek State Park and The Point at Nine Mile Station retail are minutes from the office.
Key Highlights
- 2,560‑square‑foot office property arranged across 3 levels
- Separate suite designated for each floor
- HVAC system replaced in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,348
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,960
$647.0K
Cap Rate 7%
$462,114
$462.1K
Cap Rate 9%
$359,422
$359.4K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$55.3K $21.60/SF
− Vacancy
−$12.2K −$4.75/SF
EGI
$43.1K $16.85/SF
− OpEx
−$10.8K −$4.21/SF
NOI
$32.3K $12.64/SF
Area
Aurora, CO
Vacancy
22.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,960
Cap Rate 7%
$462,114
Cap Rate 9%
$359,422
Alternative Uses
Best Use
Office B
$462.1K
$404.4K – $539.1K
NOI $32,348 @ 7.0% cap · market cap 8.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$715.3K
$625.9K – $834.6K
NOI $50,074 @ 7.0% cap · market cap 13.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,160
Businesses Nearby
Explore this area
Business Placement
Demographics for 80014, CO
41,711
Population
19,903
Households
2.1
Avg Household Size
40
Median Age
44%
College-Educated
93%
High-School Grad
7.2 sq mi
ZIP Area
5,793
Density / Sq Mi
$72,561
Median Household Income
$47,950
Median Earnings
$1,800
Median Rent
$386,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Distinct floor-by-floor suites and a 2024 HVAC replacement define the office configuration.
Where is this office units located?
The property is located at 12351-12375 E Cornell Ave Aurora, CO.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2,560‑square‑foot office property arranged across 3 levels; Separate suite designated for each floor; HVAC system replaced in 2024
