Aurora Gas Station For
For Sale
Contact for pricing
754 Peoria St, Aurora, CO 80011
Gas station with a 10-year NNN lease in place.
Property Size1,593 SF
Price / SF$439.42
Days on Market663
Property Features for 754 Peoria St
General Information
Standard status
Active
Size
1,593 SF
Property subtype
Retail
Zoning
MU-C
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$56,200
Building Details
Year Built
1954
Year Renovated
2001
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Unique Properties, Inc
(303) 900-5742
Listed By:
Michael DeSantis · License #CO FA.100053000
Source:
Crexi
Added: Oct 30, 2024
Changed: Aug 8
Last Checked: Aug 23 at 4:34AM
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 property is a service station with 6 pumps situated in a high-traffic area. The property is currently under a 10-year NNN lease. The building size is 1593 square feet. It can be classified as gas station, automotive, retail, and general commercial real estate.
Key Highlights
- 6 pump service station
- High traffic area
- 10 year NNN lease in place
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,961
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$479,220
$479.2K
Cap Rate 7%
$342,300
$342.3K
Cap Rate 9%
$266,233
$266.2K
Market Conditions
NOI Build-Up for 1,593 SF
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.
Gross rent
$33.5K $21.00/SF
− Vacancy
−$1.5K −$0.95/SF
EGI
$31.9K $20.06/SF
− OpEx
−$8.0K −$5.01/SF
NOI
$24.0K $15.04/SF
Area
ZIP 80011
Vacancy
4.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$479,220
Cap Rate 7%
$342,300
Cap Rate 9%
$266,233
Alternative Uses
Best Use
Specialty Retail
$342.3K
$299.5K – $399.4K
NOI $23,961 @ 7.0% cap · market cap 3.42%
Second Best
Retail
$306.1K
$267.8K – $357.1K
NOI $21,424 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$367.4K
$321.5K – $428.7K
NOI $25,719 @ 7.0% cap · market cap 3.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
7,836 visits/mo
0.5 miles
Demographics for 80011, CO
54,254
Population
19,108
Households
2.8
Avg Household Size
32
Median Age
19%
College-Educated
76%
High-School Grad
20.4 sq mi
ZIP Area
2,660
Density / Sq Mi
$69,719
Median Household Income
$36,853
Median Earnings
$1,607
Median Rent
$367,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Gas station - Gas station with a 10-year NNN lease in place.
Where is this gas station located?
The property is located at 754 Peoria St Aurora, CO.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 6 pump service station; High traffic area; 10 year NNN lease in place
