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Property profile & analytics
OFF-MARKET Estimated value $2,340,000
Retail space

14651 Colfax Ave Aurora, CO 80011-5711

6,742 SF 0.95 ac lot Built 2004
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US13-2841389
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2004
Total area 6,742 SF
Lot 0.95 ac (41,556 SF)
APN R0160167
UPID US13-2841389
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.40M
Blend (final) Blend
$2.34M
Owner & transaction history
Deems Legacy LLC · 3 yrs held
Deems Legacy LLC
since 2022
Last sale
$2.4M
5 recorded transactions
2022
$2.4M
2021
$719,000
2005
$1.8M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.0M +49.2%
Auto repair, garage $2.4M +19.3%
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