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754 Peoria St Aurora, CO 80011

Sponsored
For Sale
$775,000

High-Traffic NNN Gas Station, 7% Cap Rate

Property size:
1,593 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a 1,593 square foot gas station situated on a 0.34-acre lot at 754 Peoria St, Aurora, CO 80011. Built in 1954 and renovated in 2001, this six-pump station benefits from a new 10-year lease with a favorable 4% annual rent increase. The property boasts a strong 7.00% cap rate and a net operating income (NOI) of $54,000, making it an attractive addition to any portfolio. Located within the Hoffman Heights Shopping Center, this location enjoys high visibility and traffic counts of 17,553 vehicles per day on Peoria and 6th Avenue, providing excellent access to major thoroughfares including I-225, 6th Avenue, and E Colfax Avenue. The property is zoned MU-C and offers bonus depreciation advantages for the new owner. The asking price is $775,000, representing a price per square foot of $486.50. This NNN lease structure minimizes landlord responsibilities, offering a passive income stream with significant upside potential. The property's prime location and strong lease terms make it an ideal investment for those seeking a stable, high-return asset in a thriving Colorado market.

Property Features for 754 Peoria St

General Information

Property type
Automotive properties
Square Feet
1,593 SF
Lot Size
14,810 SF

Building Details

Year Built/Renovated
1954/2001
Buildings
1

HighLights

  • $775,000 asking price for this net‑leased gas station.
  • 1,593 square foot building on a 0.34‑acre lot in Aurora, CO.
  • 7.00% cap rate with a $54,000 NOI.
  • New 10‑year lease with 4% annual rent increases.
  • Six‑pump gas station in the Hoffman Heights Shopping Center.
Property Profile Location Intelligence

Current Use by Public Records

Gas stations

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Aurora
County
Arapahoe
State
Colorado
Longitude
-104.84688663681
Latitude
39.72770440154

FAQs

What type of property is this?
Automotive property - High-Traffic NNN Gas Station, 7% Cap Rate
Where is this automotive property located?
The property is located at 754 Peoria St Aurora, CO.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: $775,000 asking price for this net-leased gas station.; 1,593 square foot building on a 0.34-acre lot in Aurora, CO.; 7.00% cap rate with a $54,000 NOI.
More about this property
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