16255 E FOURTH AVE Aurora, CO
Leased Carstar Alpine Auto Body collision repair space with remaining term and 2.5% annual rental increases.
Property Features for 16255 E FOURTH AVE
General Information
- Standard status
- Active
- Size
- 13,392 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1985
Listing office Equity Commercial Real Estate Group
Listing date May 29, 2026
Source Crexi
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 Equity Commercial Real Estate Group
Investment Insights
Based on property information with market context.
The property is situated within the Aurora/Denver metro area, with convenient access to major transportation corridors and a dense surrounding population. The automotive collision repair industry is described as having consistent consumer demand and high barriers to entry, which supports the tenant’s long-term operating presence.
For investors and buyers seeking a stable, long-term NNN structure, the key factors here are the operationally oriented auto body use, the existing tenant relationship, and the contractual rental growth built into the current lease. Tenants and operators benefit from a purpose-fit collision repair setting under an in-place lease, with the site designed to continue supporting the tenant’s established business.
Key Highlights
- 13,392 SF leased automotive collision repair facility operating as Carstar Alpine Auto Body (Puget Collision)
- 1985 construction with an existing long‑term NNN lease in place
- Approximately 9.5 years remaining on the current lease term
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $265.2k | $19.80 |
| − Vacancy | −$22.5k | −$1.68 |
| EGI | $242.6k | $18.12 |
| − OpEx | −$72.8k | −$5.44 |
| NOI | $169.8k | $12.68 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- Hudson Tow Truck Aurora CO — 14261 E Cedar Ave, Aurora, CO 80012
- South Aurora Auto Glass Repair — 14130 E Cedar Ave, Aurora, CO 80012
- Trailblazer Tow Truck Service Aurora — 14262 E Cedar Ave, Aurora, CO 80012
- #1 Roadside Assistance — Aurora, CO 80012
- Way’s towing/Cash for Unwanted and Junk vehicles — 983 S Kittredge Way, Aurora, CO 80017
