Brick Office Building with
14120 East Evans Avenue Aurora, CO 80014
For Sale
$1,250,000
Efficient 1981-built brick office building offers surface parking and available building signage.
Property Size4,340 SF
Price / SF$288.02
Days on Market25
Property Features for 14120 East Evans Avenue
General Information
- Standard status
- Active
- Size
- 4,340 SF
- Property subtype
- Office
Listing Agency:
CBRE - Denver
(720) 528-6355
Listed By:
John Marold
(720) 528-6355
Source:
Cbre
Added: Jul 3
Changed: Jul 10
Last Checked: Jul 26 at 3:36AM
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 CBRE - Denver
Investment Insights
Based on property information with market context.
Built in 1981, this efficient brick office building totals 4,340 SF. The property includes exterior brick construction and building signage availability, along with ample free surface parking at a 3.6:1,000 SF ratio.
The building is located at 14120 East Evans Avenue in Aurora, CO 80014, with convenient access described as minutes to I-225. Local dining options are available within minutes.
This property is well suited for office users seeking a straightforward, parking-forward building with branding support via available signage. For buyers and brokers, its compact, purpose-built configuration can simplify space planning and operations for a range of professional office tenants, subject to final use and leasing terms.
The building is located at 14120 East Evans Avenue in Aurora, CO 80014, with convenient access described as minutes to I-225. Local dining options are available within minutes.
This property is well suited for office users seeking a straightforward, parking-forward building with branding support via available signage. For buyers and brokers, its compact, purpose-built configuration can simplify space planning and operations for a range of professional office tenants, subject to final use and leasing terms.
Key Highlights
- Brick office building built in 1981
- 4,340 SF building with efficient layout
- Ample surface parking ratio of 3.6 spaces per 1,000 SF
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 | $93.7k | $21.60 |
| − Vacancy | −$20.6k | −$4.75 |
| EGI | $73.1k | $16.85 |
| − OpEx | −$18.3k | −$4.21 |
| NOI | $54.8k | $12.64 |
4,340 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$783.4K
$685.5K – $914.0K
NOI $54,840 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,890 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Efficient 1981-built brick office building offers surface parking and available building signage.
Where is this office building located?
The property is located at 14120 East Evans Avenue Aurora, CO.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Brick office building built in 1981; 4,340 SF building with efficient layout; Ample surface parking ratio of 3.6 spaces per 1,000 SF
