Brick Office Building with
For Sale
$1,250,000
14120 East Evans Avenue, Aurora, CO 80014
Efficient 1981-built brick office building offers surface parking and available building signage.
Property Size4,340 SF
Price / SF$288.02
Days on Market97
Property Features for 14120 East Evans Avenue
General Information
Standard status
Active
Size
4,340 SF
Property subtype
Office
Building Details
Year Built
1981
Listing Agency:
CBRE | Denver
Listed By:
John Marold
(720) 528-6355
Source:
Cbre
Added: Jul 3
Changed: Oct 5
Last Checked: Oct 5 at 5:43PM
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
Estimated NOI and Cap Rate
NOI / Yr
$54,840
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,096,800
$1.1M
Cap Rate 7%
$783,429
$783.4K
Cap Rate 9%
$609,333
$609.3K
Market Conditions
NOI Build-Up for 4,340 SF
Gross rent
$93.7K $21.60/SF
− Vacancy
−$20.6K −$4.75/SF
EGI
$73.1K $16.85/SF
− OpEx
−$18.3K −$4.21/SF
NOI
$54.8K $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%
$1,096,800
Cap Rate 7%
$783,429
Cap Rate 9%
$609,333
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 authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
983
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
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
