14651 Colfax Ave, Aurora, CO 80011-5711
- Retail space
- 6,742 SF
- 0.95 lot acres
Current Use by Public Records
- Retail space
Property Details for 14651 Colfax Ave
- Year built
- 2004
- Lot size
- 0.95 lot acres
- Property type
- Retail space
- APN
- R0160167
- APU
- R0160167
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 8, 2022 | $2,400,000 | Deems Legacy LLC | Astro Realty LLC | Special Warranty Deed | $265k · Tbk Bank Ssb |
| Apr 22, 2021 | $719,000 | Sre Livwell Colfax LLC | Kai Iwi Rua LLC | Special Warranty Deed | $856k · Independent Bank |
| Jan 25, 2005 | $1,785,000 | Astro Realty LLC | Cci Colfax Sable LLC | Grant Deed | $1.2M · Liberty Bank For Savings |
| — | — | Astro Realty LLC | — | Deed Of Trust · related | $968k · Wells Fargo Bk |
| — | — | Astro Realty LLC | — | Deed Of Trust · related | $1.1M · Bank Of The West |
Description
This exceptional investment opportunity presents a 6,742-square-foot free-standing retail building located at 14651 E Colfax Avenue in Aurora, Colorado, 80011. The property, built in 2005, sits on a 0.95-acre lot and boasts 60 parking spaces, providing an ample 8.90 spaces per 1,000 square feet. Currently occupied by a single, national tenant – Advanced Auto Parts – under a triple-net (NNN) lease, this property offers a secure and stable income stream. The building's strong financial performance is highlighted by a Net Operating Income (NOI) of $130,200 and an attractive cap rate of 5.12%. The asking price is $2,544,000. The property's strategic location near I-225 on Colfax Avenue ensures high visibility and accessibility. This is a rare opportunity to acquire a well-maintained, single-tenant retail building leased to a publicly traded company, offering a compelling return on investment with minimal management responsibilities. The property's strong tenant, favorable lease terms, and prime location make it an ideal addition to any investment portfolio. Note that an adjacent multi-tenant building is also available for purchase.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,250,000
- ML approach
- $2,245,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,399,000
Market price range: $1.08M - $2.80M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,980,000 Current use
- RESTAURANT
- $2,955,000 Change: +49% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,365,000 Change: +19% Conversion: Difficult
- OFFICE BUILDING
- $1,865,000 Change: -6% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Adams
- State
- Colorado
- Longitude
- -104.817
- Latitude
- 39.7407
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
