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14211 E 6TH AVE, Aurora, CO 80011
Retail center with shared McDonald’s access and a double drive-through.
Property Size12,665 SF
Price / SF$313.86
Days on Market15
Property Features for 14211 E 6TH AVE
General Information
Standard status
Active
Size
12,665 SF
Property subtype
RETAIL
Listing Agency:
John Propp Commercial Group
(303) 692-1816
Listed By:
John V. Propp, CCIM · License #ER.001004025
(303) 692-1816
Source:
Moodyscre
Added: Aug 10
Changed: Aug 23
Last Checked: Aug 23 at 4:54AM
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 John Propp Commercial Group
Investment Insights
Based on property information with market context.
Pride Plaza is a 12,665-square-foot shopping center at the northeast corner of East 6th Avenue and Interstate 225 in Aurora, Colorado. The property is occupied by Aurora Youth Dentistry and BK Liquors, with both described as long-term tenants. A pending lease would add four Tesla Superchargers to the site.
The center shares access with McDonald’s and its double drive-through. The property is approximately half a mile from the 2nd and Abilene Light Rail Station and 2.6 miles from the Anschutz Health & Wellness Center. Capital improvements include a new roof, a new electrical system, and three HVAC units installed at the liquor store in 12/2021. The offering reflects a 6.80% cap rate.
The center shares access with McDonald’s and its double drive-through. The property is approximately half a mile from the 2nd and Abilene Light Rail Station and 2.6 miles from the Anschutz Health & Wellness Center. Capital improvements include a new roof, a new electrical system, and three HVAC units installed at the liquor store in 12/2021. The offering reflects a 6.80% cap rate.
Key Highlights
- 12,665‑square‑foot shopping center at East 6th Avenue and Interstate 225
- Two established occupants: Aurora Youth Dentistry and BK Liquors
- Shared access with McDonald’s and double drive‑through
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$170,328
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,406,560
$3.4M
Cap Rate 7%
$2,433,257
$2.4M
Cap Rate 9%
$1,892,533
$1.9M
Market Conditions
NOI Build-Up for 12,665 SF
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.
Gross rent
$255.3K $20.16/SF
− Vacancy
−$12.0K −$0.95/SF
EGI
$243.3K $19.21/SF
− OpEx
−$73.0K −$5.76/SF
NOI
$170.3K $13.45/SF
Area
ZIP 80011
Vacancy
4.70%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,406,560
Cap Rate 7%
$2,433,257
Cap Rate 9%
$1,892,533
Alternative Uses
Best Use
Retail
$2.43M
$2.13M – $2.84M
NOI $170,328 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.92M
$2.56M – $3.41M
NOI $204,474 @ 7.0% cap · market cap 5.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
7,836 visits/mo
0.5 miles
Demographics for 80011, CO
54,254
Population
19,108
Households
2.8
Avg Household Size
32
Median Age
19%
College-Educated
76%
High-School Grad
20.4 sq mi
ZIP Area
2,660
Density / Sq Mi
$69,719
Median Household Income
$36,853
Median Earnings
$1,607
Median Rent
$367,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Shopping center - Retail center with shared McDonald’s access and a double drive-through.
Where is this shopping center located?
The property is located at 14211 E 6TH AVE Aurora, CO.
What is the asking price?
The asking price for this property is $3,975,000.
What are key features of this property?
This property features: 12,665‑square‑foot shopping center at East 6th Avenue and Interstate 225; Two established occupants: Aurora Youth Dentistry and BK Liquors; Shared access with McDonald’s and double drive‑through
