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Single-Tenant Walgreens with Drive-Through
For Sale
$5,588,000

12011 E Iliff Ave, Aurora, CO 80014

Standalone Walgreens pharmacy with drive-through on a 1.23-acre parcel, built in 2007 and leased under absolute NNN terms.

Property Size11,635 SF
Lot Size1.23 Acres
Price / SF$506.43
Days on Market33

Property Features for 12011 E Iliff Ave

General Information

Standard status Active
Size 11,635 SF
Lot size 1.23 Acres
Property subtype Retail

Building Details

Building Size 11,635 SF
Year Built 2007
Buildings 1
Tenancy Single
Abandoned No
Listing Agency: Lee & Associates San Diego - Carlsbad
Listed By: Ryan Bennett · License #CalDRE #01826517
Source: Lee-associates
Added: Jul 28 Changed: Aug 26 Last Checked: Aug 29 at 8:06AM

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 Lee & Associates San Diego - Carlsbad

Investment Insights

Based on property information with market context.

This fee-simple sale opportunity features a single-tenant Walgreens pharmacy with drive-through service. The standalone asset is approximately 11,034 square feet and was built in 2007, set on a 1.23-acre parcel. The property is currently leased to Walgreens Co. under an absolute NNN lease structure described as providing zero landlord responsibilities.

The lease is in place through November 2032 and includes multiple extension options. The property is also described as being backed by a corporate guaranty.

From an income standpoint, the offering is presented as stable, with nearly two decades of occupancy and reported strong sales performance at the location, alongside a stated favorable rent-to-sales ratio.

Key Highlights

  • Single‑tenant Walgreens in Aurora, CO (Denver MSA) on a 1.23‑acre parcel at 12011 E Iliff Avenue
  • Approximately 11,034 SF standalone pharmacy with drive‑thru; built in 2007
  • Leased to Walgreens Co. under an absolute NNN structure with zero landlord responsibilities

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Parking Lot & Garage Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Pet Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

841
Businesses Nearby
46k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 56% Dining 37% Beauty & Spa 6% Electronics 1%
7-Eleven Shops & Services
8,651 visits/mo 0.1 miles
Panera Bread Dining
8,534 visits/mo 0.2 miles
Circle K Shops & Services
8,434 visits/mo 0.1 miles
Family Dollar Shops & Services
8,359 visits/mo 0.2 miles
Qdoba Mexican Grill Dining
6,281 visits/mo 0.0 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Drug store - Standalone Walgreens pharmacy with drive-through on a 1.23-acre parcel, built in 2007 and leased under absolute NNN terms.
Where is this drug store located?
The property is located at 12011 E Iliff Ave Aurora, CO.
What is the asking price?
The asking price for this property is $5,588,000.
What are key features of this property?
This property features: Single‑tenant Walgreens in Aurora, CO (Denver MSA) on a 1.23‑acre parcel at 12011 E Iliff Avenue; Approximately 11,034 SF standalone pharmacy with drive‑thru; built in 2007; Leased to Walgreens Co. under an absolute NNN structure with zero landlord responsibilities
More about this property
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