Two-Story Office Building with
12369 East Cornell Ave Aurora, CO 80014
12369 East Cornell Ave, Aurora, CO, 80014
Contact for pricing
For Sale
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Updated two-story office building with four offices, waiting area, and basement workspace plus two restrooms.
Property Size2,514 SF
Price / SF$159.11
Days on Market97
Property Features for 12369 East Cornell Ave
General Information
- Standard status
- Active
- Size
- 2,514 SF
- Property subtype
- Office
Listing agency
Weststar Commercial
(720) 232-4118
Listed by
Lev Cohen · License #FA.100032893
Source
Crexi
Added: Apr 16 Updated: Jul 21 at 3:19AM Checked: Jul 21 at 3:19AM
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 Weststar Commercial
Investment Insights
Based on property information with market context.
12369 E Cornell Ave is a 2,514-square-foot two-story commercial office building with a basement. The property features stucco and brick exterior finishes and has been updated with new lighting, flooring, and decor. Upstairs includes a conference room with high exterior-facing windows for natural light, along with lower interior windows looking toward the lower level. The main floor offers four offices, a waiting area, a fireplace, and one restroom.
The basement includes two additional offices, an open area suitable for multiple cubicles, a kitchen, storage, and another restroom with a shower. The building provides one covered parking space and additional onsite parking. Owner-carry options are available.
The office townhome complex at Stonehenge at the Dam is directly across from a King Soopers-anchored retail center, with additional adjacent development including nearby high-rise apartment construction. Please call for more detailed information.
The basement includes two additional offices, an open area suitable for multiple cubicles, a kitchen, storage, and another restroom with a shower. The building provides one covered parking space and additional onsite parking. Owner-carry options are available.
The office townhome complex at Stonehenge at the Dam is directly across from a King Soopers-anchored retail center, with additional adjacent development including nearby high-rise apartment construction. Please call for more detailed information.
Key Highlights
- 2,514 SF two‑story commercial office building with basement, in the Stonehenge at the Dam offices complex
- Updated with new lighting, flooring, and decor
- Main level includes four offices, waiting area, fireplace, and one restroom
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.3k | $21.60 |
| − Vacancy | −$11.9k | −$4.75 |
| EGI | $42.4k | $16.85 |
| − OpEx | −$10.6k | −$4.21 |
| NOI | $31.8k | $12.64 |
2,514 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$453.8K
$397.1K – $529.5K
NOI $31,767 @ 7.0% cap · market cap 7.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$702.5K
$614.7K – $819.6K
NOI $49,174 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Updated two-story office building with four offices, waiting area, and basement workspace plus two restrooms.
Where is this office building located?
The property is located at 12369 East Cornell Ave Aurora, CO.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 2,514 SF two‑story commercial office building with basement, in the Stonehenge at the Dam offices complex; Updated with new lighting, flooring, and decor; Main level includes four offices, waiting area, fireplace, and one restroom