12011 Iliff Ave Aurora, CO 80014-1135

This exceptional investment opportunity presents a 11,034 square-foot Walgreens pharmacy in Aurora, Colorado. Located at a high-traffic intersection (69,000+ VPD) on E. Iliff Ave and S. Peoria St, this single-story, 2007-built property boasts an absolute NNN lease with a corporate guarantee from Walgreens (NASDAQ: WBA). The 25-year lease, commencing December 2007, has approximately 8 years remaining. The property benefits from its proximity to the Medical Center of Aurora, a major healthcare system, and is situated within a densely populated area with over 169,200 residents within a 3-mile radius. The property's location within Aurora's strong retail corridor, near other major retailers like Target and Costco, ensures high visibility and consistent traffic. The Walgreens store is a top performer, reporting sales exceeding $3 million annually. The 1.23-acre lot offers excellent ingress and egress, and the property features a drive-thru for added convenience. This investment offers a 6.50% cap rate and a price per square foot of $584.38. The property's strong tenant, prime location, and long-term lease make it an attractive investment opportunity. The current occupancy is 100%, with an occupancy date of December 12, 2007.