1491 Havana St Aurora, CO 80012-4013
Property profile & analytics
1491 Havana St, Aurora, CO 80012-4013
- Turn key restaurants
- 7,425 SF
- 0.83 lot acres
Property ID
US13-0235953
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 1491 Havana St
- Year built
- 1993
- Construction
- FRAME
- Lot size
- 0.83 lot acres
- Property type
- Turn key restaurants
- APN
- 1973-22-1-22-002
- APU
- 197322122002
Description
This exceptional investment opportunity presents a fee-simple, 7,300 square foot Red Robin restaurant located on a 0.83-acre lot in Aurora, Colorado. The property boasts a prime location as a Costco outparcel, benefiting from significant traffic generated by the adjacent Costco Wholesale (~2.5 million annual visits). Situated in Aurora's strongest retail corridor, the Havana Retail District, this single-tenant, Class A property enjoys a high-traffic signalized corner location with over 53,000 vehicles passing daily. The area features numerous national retailers including Target, Kohl's, Dick's Sporting Goods, and more, along with the Fitzsimons Medical Campus and Town Center at Aurora mall. The Absolute NNN ground lease with Red Robin (NASDAQ: RRGB) includes a corporate guarantee and features three, 5-year lease options with 10% rent bumps in each option period. The current lease term extends until November 30, 2029, providing a remaining term of 5 years. Built in 2005, this one-story building offers a strong NOI of $250,025 and a 6.30% cap rate, with an asking price of $3,968,650 ($543.65/sq ft). The property's proximity to Buckley Space Force Base (7 miles) further enhances its value, given the base's significant economic impact on Aurora. The low vacancy rate of 3.7% in the Central Aurora submarket underscores the strength of this investment. This is a rare opportunity to acquire a well-positioned, passively managed, and highly profitable retail investment.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.867
- Latitude
- 39.6898
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$44,649
$0.00
$0.00
$614,358
-
$542,325
$1,659,675
$2,202,000
