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Property profile & analytics
OFF-MARKET Estimated value $4,965,000
Drug stores

15320 Hampden Ave Aurora, CO 80013-2402

14,505 SF 1.45 ac lot Built 2011
Entity Owned 13-yr Hold Free & Clear
Property ID
US13-1272303
Property summary
AI-generated overview

This exceptional 14,820-square-foot single-tenant property, formerly a Walgreens, presents a unique investment opportunity in Aurora, Arapahoe County. Located at 15320 E Hampden Avenue, this building boasts a prime location at a hard corner outparcel of the Mission Viejo Shopping Center, benefiting from high traffic counts of approximately 78,000 vehicles per day and a dense population of roughly 71,000 within a two-mile radius. The property features convenient right-in/right-out access from East Hampden and South Chambers Roads, and ample parking with 29 spaces plus shared parking. Built in 2011, the building is zoned Mixed-Use Corridor MU-C, offering flexibility for various uses (excluding pharmacies, as per permitted use table). The suggested annual rent is $195,000, modified gross (Real Estate Taxes included; repairs and maintenance, insurance, and utilities are separate). The sublease term is co-terminus with the master lease, expiring October 31, 2036. The property is offered "as-is," and all offers are subject to the approval of Walgreens Co.'s Real Estate Committee. Building signage includes both building and shared monument signage. Nearby national retailers include Big Lots, Dollar Tree, Burger King, 7-Eleven, and Wells Fargo, further enhancing the property's visibility and appeal.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2011
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,505 SF
Lot 1.45 ac (63,162 SF)
Zoning code PUD
APN 2073-05-2-20-001
UPID US13-1272303
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.97M
Blend (final) Blend
$4.97M
Owner & transaction history
Ham-15 LLC · 13 yrs held
Ham-15 LLC
since 2012
6 recorded transactions
2012
Price N/A
2011
$8.2M
2011
Price N/A
2009
$800,000
2007
Price N/A
1969
Price N/A
Zoning & alternative use
PUD · Aurora, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $7.1M +39.3%
Auto repair, garage $6.0M +18.9%
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