Aurora Retail Opportunity For
490 S Chambers Rd, Aurora, CO 80017
Call to check price and availability
Well-located commercial space in Aurora's retail corridor.
Type:Retail
Property size:
16,438 SFPrice / SF:
$200/SF- Added:
- Mar 13, 2026
- Days on Market:
- 72
- Last Refresh:
- Mar 19 at 10:40 pm
Property Features for 490 S Chambers Rd
General Information
- Standard status
- Active
- Size
- 16,438 SF
- Property subtype
- Retail
Listing agent Mark Pyms License #CO er314551
Listing office Panorama Commercial Group (303) 420-5352
Listing date Mar 13, 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 Panorama Commercial Group
HighLights
- High‑traffic location in the heart of Aurora.
- Excellent visibility and convenient access.
- Direct connectivity to major thoroughfares serving the Denver metro area.
- Located near the signalized intersection of South Chambers Road and East Alameda Avenue.
- Surrounded by dense residential neighborhoods, national retailers, and local businesses.
- Recently Condominimized Street Level portion of City Center Marketplace
Overview
The property at 490 S. Chambers Road is a commercial opportunity in Aurora, situated along a retail and service corridor. The street-level portion of City Center Marketplace has been recently condiminimized. The location benefits from visibility and access, with connectivity to thoroughfares serving the Denver metropolitan area. Located near the intersection of South Chambers Road and East Alameda Avenue, the site is surrounded by residential neighborhoods, retailers, and service-oriented businesses. This location drives daily activity and exposure for tenants and visitors. Parking is shared with City Center Marketplace. The property size is 16,438 square feet.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$2.32M
NOI $208,465 @ 9.00% cap · cautious / downside scenario
Moderate
$2.98M
NOI $208,465 @ 7.00% cap · market / base-case scenario
Aggressive
$4.17M
NOI $208,465 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $325.5k | $19.80 |
| − Vacancy | −$27.7k | −$1.68 |
| EGI | $297.8k | $18.12 |
| − OpEx | −$89.3k | −$5.44 |
| NOI | $208.5k | $12.68 |
16,438 SF · lease $19.80/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$2.98M
$2.61M – $3.47M
NOI $208,465 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.59M
$4.02M – $5.36M
NOI $321,527 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.786
- Latitude
- 39.6959
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Well-located commercial space in Aurora's retail corridor.
Where is this retail space located?
The property is located at 490 S Chambers Rd Aurora, CO.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: High‑traffic location in the heart of Aurora.; Excellent visibility and convenient access.; Direct connectivity to major thoroughfares serving the Denver metro area.
