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New Construction AutoZone Automotive Property
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23200 E Smoky Hill Rd, Aurora, CO 80016

Single-tenant asset with an absolute NNN ground lease and renewal options.

Property Size6,000 SF
Days on Market144

Property Features for 23200 E Smoky Hill Rd

General Information

Standard status Active
Size 6,000 SF
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: CBRE - Denver Downtown
Listed By: Matthew Henrichs · License #CO FA.100007009
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 9:55AM

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 CBRE - Denver Downtown

Investment Insights

Based on property information with market context.

This automotive property at 23200 E Smoky Hill Rd in Aurora, Colorado, is a newly constructed, single-tenant AutoZone facility containing 6,000 square feet. The asset is structured with a brand-new absolute NNN ground lease, providing a defined contractual framework for the tenancy.

The lease includes fifteen years of remaining term and four additional five-year renewal options. AutoZone Corporation provides a lease guarantee, adding corporate support to the contractual arrangement. The property is located within the Denver Metro area.

Key Highlights

  • 6,000‑square‑foot single‑tenant AutoZone facility
  • New construction in Aurora, Colorado
  • Brand‑new absolute NNN ground lease

Property Analytics

Current Use

Automotive properties

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Auto Parts Store HVAC Service

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,000
Businesses Nearby
225k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 36% Shops & Services 33% Groceries 15% Home Improvements & Furnishings 15%
Safeway Groceries
33,423 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
33,357 visits/mo 0.4 miles
Olive Garden Dining
23,185 visits/mo 0.5 miles
Wendy's Dining
19,582 visits/mo 0.2 miles
Panda Express Dining
14,567 visits/mo 0.0 miles

Demographics for 80016, CO

65,406
Population
24,227
Households
2.7
Avg Household Size
38
Median Age
58%
College-Educated
97%
High-School Grad
32.3 sq mi
ZIP Area
2,025
Density / Sq Mi
$148,421
Median Household Income
$72,518
Median Earnings
$2,140
Median Rent
$707,700
Median Home Value

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
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Similar Off Market Nearby

  • Tool & Truck Rental Center at The Home Depot 6000 S Gun Club Rd, Aurora, CO 80016

Frequently Asked Questions

What type of property is this?
Automotive property - Single-tenant asset with an absolute NNN ground lease and renewal options.
Where is this automotive property located?
The property is located at 23200 E Smoky Hill Rd Aurora, CO.
What are key features of this property?
This property features: 6,000‑square‑foot single‑tenant AutoZone facility; New construction in Aurora, Colorado; Brand‑new absolute NNN ground lease
More about this property
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