Aurora Office Building Investment
For Sale
$2,404,000
13791 E Rice Place, Aurora, CO 80015
Stabilized, technology-enhanced office building with value-add potential in Aurora.
Property SizeContact for details
Days on Market306
Property Features for 13791 E Rice Place
General Information
Standard status
Active
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$36,757
Building Details
Year Built
1984
Listing Agency:
Falko Realty
(707) 696-5380
Listed By:
Jeff Milligan · License #100084278
(707) 696-5380
Source:
Exitrealty
Added: Oct 22, 2025
Changed: Aug 23
Last Checked: Aug 23 at 4:52AM
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 Falko Realty
Investment Insights
Based on property information with market context.
This multi-tenant professional office building in Aurora, Colorado, offers investors stable income with upside potential. The property is located directly off Parker Road, across from Cherry Creek Reservoir, providing high visibility. The building is 97% occupied with long-term tenants, with leases averaging two to three years. The current CAP rate is 6.7%, with potential to exceed 8%. A rentable classroom/training room and a large outdoor patio offer plug-and-play value-add opportunities. The property features upgraded infrastructure, including a Ubiquiti UniFi Dream Machine Pro Max + 24-port managed network, private Wi-Fi login with dedicated network profiles per tenant, remote smart management of IT and Ecobee climate systems, and LED lighting throughout. Security features include full interior and exterior camera surveillance and an automated maglock system with personal key-fobs and entry tracking. Interior features include solid-surface restroom finishes and 11 heat pumps for climate control. The landscaping was fully replaced approximately four years ago. The building also features double-pane tinted windows on the main level. The property is suitable for professional services, medical, tech, wellness, and hybrid-delivery tenants. This property delivers recurring income with upside through value-add execution.
Key Highlights
- Prime Parker Road Frontage directly across from Cherry Creek Reservoir provides high visibility and a desirable location.
- 97% Occupancy with long‑term tenants ensures stable in‑place income.
- 8.1% total pro forma CAP rate presents a significant value‑add opportunity.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
Explore this area
Business Placement
Demographics for 80015, CO
71,466
Population
25,482
Households
2.8
Avg Household Size
37
Median Age
49%
College-Educated
94%
High-School Grad
16.3 sq mi
ZIP Area
4,384
Density / Sq Mi
$121,640
Median Household Income
$57,827
Median Earnings
$2,190
Median Rent
$558,900
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Stabilized, technology-enhanced office building with value-add potential in Aurora.
Where is this office building located?
The property is located at 13791 E Rice Place Aurora, CO.
What is the asking price?
The asking price for this property is $2,404,000.
What are key features of this property?
This property features: Prime Parker Road Frontage directly across from Cherry Creek Reservoir provides high visibility and a desirable location.; 97% Occupancy with long‑term tenants ensures stable in‑place income.; 8.1% total pro forma CAP rate presents a significant value‑add opportunity.
