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Multi-Tenant Shopping Center
New
For Sale
$6,750,000

18511 E Hampden Ave, Aurora, CO 80013

The center includes small-shop space, a large anchor box, and outparcels occupied by established retailers and service businesses.

Property Size135,751 SF
Price / SF$49.72
Days on Market3

Property Features for 18511 E Hampden Ave

General Information

Standard status Active
Size 135,751 SF
Total Parking Spaces 835
Property subtype Shopping Strip
Zoning MU-C
Occupancy 82%
Net Operating Income $1,796,916

Site & Location

Neighborhood Seven Hills
Anchor Co-Tenants Movie Tavern
Traffic Count 56,900 vehicles/day

Additional Details

Tenant in Place Yes

Amenities

Auction - November 17-19 | Starting Bid: $6,750,000
24,810 SF of Small Shop Lease-Up Potential
Shop Rents of $18.17/SF vs $27.30/SF Recent
National Brands Including 7-Eleven, MyEyeDr
Aurora Population Up 6% Since the 2020 Census
Aurora Retail Vacancy of 4.1%, 2.1% General
14.64-Acre Site With 835 Parking Spaces

Building Details

Building Size 135,751 SF
Year Built 1984
Tenancy Multi
Listing Agency: Denver Office
Listed By: Drew Isaac · License #License(s): CO: FA100023779
Source: Marcusmillichap
Added: Oct 23 Last Checked: Oct 24 at 1:32PM

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 Denver Office

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Investment Insights

Based on property information with market context.

Built in 1984, this 135,751-square-foot shopping center is 81.72% occupied by 22 tenants. The property includes 24,810 square feet of vacant small-shop space and a 35,974-square-foot Movie Tavern anchor. The anchor tenant is negotiating an early lease termination or may remain through its lease expiration on 12/31/2029. Ten of the 22 tenants are month-to-month or have no remaining renewal options, while recent extensions and new leases have achieved rents above the in-place shop average.

The site has 835 parking spaces and MU-C zoning. Combined traffic is reported at 56,900+ VPD. Outparcels are occupied by Natural Grocers, Sonic, Village Inn, Ent Credit Union, and Meineke. Aurora’s retail market is reported at 4.1% vacancy, with average annual rent growth of 3.6% over the past decade.

Key Highlights

  • 135,751‑square‑foot shopping center built in 1984
  • 81.72% occupied by 22 tenants
  • 24,810 SF of vacant small‑shop space and a 35,974 SF Movie Tavern anchor

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

56,900 VPD
Traffic count
81.7%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

641
Businesses Nearby
317k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 31% Dining 31% Shops & Services 19% Apparel 14%
King Soopers Groceries
54,474 visits/mo 0.3 miles
Kohl's Apparel
41,431 visits/mo 0.2 miles
Safeway Groceries
34,204 visits/mo 0.2 miles
Wendy's Dining
20,520 visits/mo 0.1 miles
SONIC Drive In Dining
18,635 visits/mo 0.1 miles

Demographics for 80013, CO

75,099
Population
26,692
Households
2.8
Avg Household Size
36
Median Age
33%
College-Educated
90%
High-School Grad
13.9 sq mi
ZIP Area
5,403
Density / Sq Mi
$97,167
Median Household Income
$48,995
Median Earnings
$1,978
Median Rent
$453,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM — 18730 E Hampden Ave Safeway, Aurora, CO 80013
  • Coinstar Kiosk | Bitcoin ATM — Kroger - King Soopers, 18211 E Hampden Ave, Aurora, CO 80013
  • Colorado MV Express Kiosk — 18211 E Hampden Ave, Aurora, CO 80013

Frequently Asked Questions

What type of property is this?
Shopping center - The center includes small-shop space, a large anchor box, and outparcels occupied by established retailers and service businesses.
Where is this shopping center located?
The property is located at 18511 E Hampden Ave Aurora, CO.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: 135,751‑square‑foot shopping center built in 1984; 81.72% occupied by 22 tenants; 24,810 SF of vacant small‑shop space and a 35,974 SF Movie Tavern anchor
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