13900 Mississippi Ave Aurora, CO 80012
- Retail space
- 15,376 SF
- 1.39 lot acres
Jan 11, 2025
Current Use by Public Records
- Retail space
Property Details for 13900 Mississippi Ave
- Year built
- 1987
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.39 lot acres
- Property size
- 15,376 SF
- Property type
- Retail space
- APN
- 1975-19-2-34-002
- APU
- 197519234002
Description
This exceptional investment opportunity presents a ±20,000 square foot, single-tenant retail property located at 13900 East Mississippi Avenue in Aurora, Colorado. The property boasts a 7.25% cap rate and a strong NOI of $210,000. Currently 100% occupied by BioLife Plasma Services, a leading provider of plasma collection services, the lease agreement features a 10-year term with six years remaining until the base lease expires on August 31, 2030, and includes two five-year renewal options. The lease is guaranteed by Takeda Pharmaceutical Company Limited, a publicly traded company, providing significant financial security. The property is situated within a high-traffic retail center in Aurora, offering ample parking and a synergistic mix of neighboring retailers, including Subway, The UPS Store, Burger King, and Burlington. Built in 1987, this single-story building sits on a 20,000 square foot lot and is zoned MU-C. The asking price is $2,895,000, translating to a price per square foot of $144.75. This core investment offers a compelling combination of strong tenancy, favorable lease terms, and a prime location in a thriving retail corridor. The property's APN is 1975-19-2-34-001. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term potential.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.824
- Latitude
- 39.6951
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
