Aurora Retail Investment
For Sale
$875,000
1417 Havana Street, Aurora, CO 80010
Multi-tenant retail building in a high-traffic Aurora location.
Property Size3,313 SF
Lot Size0.15 Acres
Price / SF$264.11
Days on Market215
Property Features for 1417 Havana Street
General Information
Standard status
Active
Size
3,313 SF
Lot size
0.15 Acres
Property subtype
Retail
Building Details
Building Size
3,313 SF
Year Built
1966
Listing Agency:
Unique Properties, Inc
Listed By:
Brian McKernan · License #FA.040033318
(720) 530-9070
Source:
Uniqueprop
Added: Mar 6
Changed: Sep 13
Last Checked: Oct 5 at 4:18PM
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 Unique Properties, Inc
Investment Insights
Based on property information with market context.
The property at 1417 Havana Street in Aurora, Colorado, is a multi-tenant retail building with 3,313 square feet of space, situated on a 6,350-square-foot parcel. Constructed in 1966, the building is zoned OA-G (Original Aurora General), which allows for a variety of retail, office, and mixed uses. The property features two tenants on term leases, providing cash flow for a buyer. The location offers tenant signage and parking. Situated just off East Colfax Avenue in a busy commercial area, the property is near major transportation routes and points of interest, including the Anschutz Medical Campus and the 'Old Aurora' Downtown area, home to the Aurora Cultural Arts District (ACAD), the Martin Luther King Library/Fletcher Plaza, and the Aurora People's Building. The surrounding neighborhood provides access to amenities, restaurants, banking, and personal service options. The versatile layout and high-visibility location make it suitable for retailers seeking a presence in the Aurora area.
Key Highlights
- Strong cash flow from two tenants on term leases.
- High‑visibility location in a busy commercial area near Colfax Avenue.
- Versatile OA‑G zoning permitting a wide variety of retail, office, and mixed uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,015
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$840,300
$840.3K
Cap Rate 7%
$600,214
$600.2K
Cap Rate 9%
$466,833
$466.8K
Market Conditions
NOI Build-Up for 3,313 SF
Gross rent
$65.6K $19.80/SF
− Vacancy
−$5.6K −$1.68/SF
EGI
$60.0K $18.12/SF
− OpEx
−$18.0K −$5.44/SF
NOI
$42.0K $12.68/SF
Area
Aurora, CO
Vacancy
8.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$840,300
Cap Rate 7%
$600,214
Cap Rate 9%
$466,833
Alternative Uses
Best Use
Retail
$600.2K
$525.2K – $700.3K
NOI $42,015 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$925.7K
$810.0K – $1.08M
NOI $64,802 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,135
Businesses Nearby
139k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Groceries 23%
Shops & Services 20%
Apparel 3%
Lowe's Market
Groceries
32,436 visits/mo
0.1 miles
McDonald's
Dining
26,568 visits/mo
0.1 miles
Little Caesars Pizza
Dining
12,399 visits/mo
0.3 miles
Guadalajara
Dining
9,252 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
8,017 visits/mo
0.1 miles
Demographics for 80010, CO
42,303
Population
15,394
Households
2.7
Avg Household Size
32
Median Age
19%
College-Educated
73%
High-School Grad
5.1 sq mi
ZIP Area
8,295
Density / Sq Mi
$60,755
Median Household Income
$36,349
Median Earnings
$1,400
Median Rent
$385,700
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 Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Multi-tenant retail building in a high-traffic Aurora location.
Where is this retail space located?
The property is located at 1417 Havana Street Aurora, CO.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Strong cash flow from two tenants on term leases.; High‑visibility location in a busy commercial area near Colfax Avenue.; Versatile OA‑G zoning permitting a wide variety of retail, office, and mixed uses.
