12100 Iliff Ave Aurora, CO 80014
Aurora Corporate Plaza presents a compelling value-add investment opportunity. This three-building office campus, totaling 219,268 square feet, sits on a 17.15-acre lot in Aurora, Colorado (80014), at 12100, 12200 & 15250 East Iliff Avenue. Currently 58.41% occupied with 21 tenants, the property offers significant upside potential through lease-up of vacant space. The Class B, multi-tenant property features flexible floor plans and boasts magnificent mountain views. Built in 1983, the four-story buildings are zoned for Mixed-Use Office/Institutional (MU-OI) use, allowing for diverse redevelopment possibilities. The property provides ample parking (3.82 spaces per 1,000 sq ft) and benefits from its strategic location, offering exceptional access to Interstates 225 and 25, providing quick connections to the greater Denver Metro Area. Public transportation is readily available, with the Nine Mile RTD Light Rail Station and Park-n-Ride less than a mile away, as well as the Iliff Light Rail Station and two RTD bus routes. Denver International Airport is a convenient 20-minute drive. The property also enjoys proximity to numerous restaurants, retail amenities, and the Town Center at Aurora. Outdoor recreation is easily accessible, with Westerly Creek Trail and Cherry Creek State Park nearby. The current Net Operating Income (NOI) is $636,668, with a pro-forma NOI of $2,157,975. This presents multiple exit strategies, including the potential sale of individual buildings or a covered land play for future redevelopment. The property's location near the Fitzsimons Medical Campus, Buckley Space Force Base, and numerous master-planned communities further enhances its investment appeal.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.