Retail Space with Monument
For Sale
Contact for pricing
16800 E Mississippi Ave, Aurora, CO 80017
Retail space zoned MU-C with a roof replaced in 2018 and a long-term NNN tenant through 12/31/2027.
Property Size16,165 SF
Price / SF$201.05
Days on Market166
Property Features for 16800 E Mississippi Ave
General Information
Standard status
Active
Size
16,165 SF
Property subtype
RETAIL
Zoning
MU-C
Amenities
monument signage
Building Details
Parking Ratio
5.25 per 1,000 SF
Listing Agency:
Unique Properties, Inc.
(303) 619-3603
Listed By:
Phil Yeddis
(303) 619-3603
Source:
Moodyscre
Added: Feb 17
Changed: Jul 30
Last Checked: Jul 30 at 6:44AM
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.
This retail space offers MU-C (Mixed-Use Corridor) zoning and a leasing setup currently structured on an NNN (Triple Net) basis with a long-term tenant. The property is currently leased through 12/31/2027, supporting ongoing operating continuity for an owner-user or investor. With a roof replacement completed in 2018, the building’s exterior component has been addressed. The property also features monument signage availability to support visibility and advertising.
The site covers 16,165 square feet and includes a parking ratio of 5.25 per 1,000 SF. It is located at 16800 E Mississippi Ave in Aurora, Colorado, with convenient access to nearby retail, restaurants, and entertainment.
Overall, this is a retail-oriented property with defined zoning flexibility through MU-C and an existing NNN tenant in place through the 2027 lease end date.
The site covers 16,165 square feet and includes a parking ratio of 5.25 per 1,000 SF. It is located at 16800 E Mississippi Ave in Aurora, Colorado, with convenient access to nearby retail, restaurants, and entertainment.
Overall, this is a retail-oriented property with defined zoning flexibility through MU-C and an existing NNN tenant in place through the 2027 lease end date.
Key Highlights
- 16,165 SF retail space
- MU‑C (Mixed‑Use Corridor) zoning
- Long‑term NNN lease in place through 12/31/2027
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 | $320.1k | $19.80 |
| − Vacancy | −$27.2k | −$1.68 |
| EGI | $292.9k | $18.12 |
| − OpEx | −$87.9k | −$5.44 |
| NOI | $205.0k | $12.68 |
16,165 SF · lease $19.80/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.93M
$2.56M – $3.42M
NOI $205,003 @ 7.0% cap · market cap 6.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.52M
$3.95M – $5.27M
NOI $316,187 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
109k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 36%
Dining 32%
Shops & Services 29%
Beauty & Spa 2%
Safeway
Groceries
39,665 visits/mo
0.2 miles
Starbucks
Dining
14,944 visits/mo
0.2 miles
Chase Bank
Shops & Services
8,560 visits/mo
0.1 miles
Qdoba Mexican Grill
Dining
8,452 visits/mo
0.2 miles
Conoco
Shops & Services
7,072 visits/mo
0.4 miles
Demographics for 80017, CO
37,637
Population
14,810
Households
2.5
Avg Household Size
33
Median Age
24%
College-Educated
84%
High-School Grad
9.2 sq mi
ZIP Area
4,091
Density / Sq Mi
$76,458
Median Household Income
$42,126
Median Earnings
$1,755
Median Rent
$383,700
Median Home Value
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 - Retail space zoned MU-C with a roof replaced in 2018 and a long-term NNN tenant through 12/31/2027.
Where is this retail space located?
The property is located at 16800 E Mississippi Ave Aurora, CO.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: 16,165 SF retail space; MU‑C (Mixed‑Use Corridor) zoning; Long‑term NNN lease in place through 12/31/2027
