15601 6 Ave Aurora, CO 80011
Call to check price and availability
High-yield, multi-tenant NNN retail property.
Property size:
21,001 SFProperty Features for 15601 6 Ave
General Information
- Property type
- Automotive properties
- Square Feet
- 21,001 SF
- Class
- C
- Lot Size
- 94,961 SF
Building Details
- Year Built
- 1986
- Buildings
- 1
- Stories
- 1
Listing Agency: Pinnacle Real Estate Advisors Listing Agent: Corey Sandberg
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a fully occupied, two-tenant net-lease retail property located at 15601 E 6th Avenue in Aurora, Colorado. The property encompasses 21,001 square feet on a 2.18-acre lot, offering ample parking (50 spaces) for tenants and customers. Currently housing Front Range Diesel and Next Stop Automotive, this Class C building boasts 100% occupancy and a strong net operating income (NOI) of $250,527, with a pro-forma NOI of $260,301. The asking price is $4,200,000, representing a 5.96% cap rate and a pro-forma cap rate of 6.20%. Built in 1986, the single-story building benefits from recent capital improvements, including roof upgrades (2021 with a 10-year transferable warranty), RTUs (2020), and flatwork (2020). Leases feature 3% annual rent bumps, providing consistent income growth. The property is zoned B-1 and enjoys a prime location at a signalized intersection with high traffic counts on E 6th Avenue and convenient access to major highways (I-225, I-25, and I-70). The area boasts a population exceeding 370,000 within a 5-mile radius. This is a rare opportunity to acquire a stable, high-performing investment with significant upside potential.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Auto shops
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.8059287
- Latitude
- 39.7261514
Nearby Similar for Sale
FAQs
What type of property is this?
Automotive property - High-yield, multi-tenant NNN retail property.
Where is this automotive property located?
The property is located at 15601 6 Ave Aurora, CO.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: NNN lease with ~10-year terms.; 2.18-acre lot.; Recent capital improvements: roof (2021), HVAC (2020), and parking lot (2020).
