Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    15700 E Briarwood Cir Aurora, CO 80016
    Back to Search
    Property profile & analytics

    15700 E Briarwood Cir Aurora, CO 80016

    View on Map
    • Outlet malls
    • 127,732 SF
    • 9.52 lot acres
    For Lease
    $14,850,000
    View Listing →
    Cornerstar Shopping Center Retail Space For Lease
    $14,850,000

    Cornerstar Shopping Center Retail Space

    Retail and restaurant spaces available in busy shopping center.

    15700 E Briarwood Cir, Aurora, CO
    View Listing
    Property ID
    US13-1151096
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Outlet malls

    Property Details for 15700 E Briarwood Cir

    Year built
    2008
    Construction
    CONCRETE
    Lot size
    9.52 lot acres
    Property size
    127,732 SF
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    2073-29-2-08-004
    APU
    207329208004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.804
    Latitude
    39.592
    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
    2021
    $518,516
    $0.00
    $0.00
    $2,931,701
    -
    $4,976,688
    $5,561,202
    $10,537,890

    Comparable in this City

    • Value Estimation
      $14,590,000
      125,528 SF

      24505 Wheatlands Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 125,528 SF
      24505 Wheatlands Pkwy, Aurora, CO 80016-5443
      View Details
    • Value Estimation
      $15,535,000
      133,624 SF

      6201 Aurora Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 133,624 SF
      6201 Aurora Pkwy, Aurora, CO 80016-5849
      View Details
    • Value Estimation
      $23,960,000
      206,122 SF

      6101 Aurora Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 206,122 SF
      6101 Aurora Pkwy, Aurora, CO 80016-5801
      View Details
    • Value Estimation
      $4,015,000
      30,066 SF

      5999 Southlands Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 30,066 SF
      5999 Southlands Pkwy, Aurora, CO 80016-5315
      View Details
    • Value Estimation
      $3,465,000
      29,810 SF

      Aurora, CO 80016

      WHOLESALE OUTLET, DISCOUNT STORE • 29,810 SF
      Aurora, CO 80016
      View Details
    • Value Estimation
      $13,795,000
      118,673 SF

      6000 Gun Clb Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 118,673 SF
      6000 Gun Clb Rd, Aurora, CO 80016-5261
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      29,713 SF

      Value-Add Retail Opportunity

      Retail property with high vacancy and strong visitor traffic.
      2253 E Briarwood Ave, Centennial, CO 80016
      View Details
    • $4,100,000

      Freestanding Retail Investment Opportunity

      Single-tenant retail property with long-term lease and high visibility.
      15725 East Briarwood Cir, Aurora, CO 80016
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      S Galena St, Centennial, CO 80016
      View Details
    • $9,998,000

      16.2 Acres in Foxfield, CO

      Rare 16.2-acre land parcel in Foxfield, Arapahoe County.
      7400 S Parker Rd, Foxfield, CO 80016
      View Details
    • $350,000

      40 Acres in Elbert, Colorado

      40-acre parcel near Elbert, CO, with mountain views.
      000 County Road 33, Elbert, CO 80016
      View Details
    • $348,000
      Pending

      Comfortable Condo with Patio Access

      Main level condo with 2 bedrooms, 2 bathrooms, and patio.
      22580 E Ontario Dr, Aurora, CO 80016
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,705 SF

      Aurora Retail Space For Lease

      Retail spaces available in Southeast Aurora's lifestyle shopping center.
      23955 E Plaza Ave, Aurora, CO 80016
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Aurora Center

      Retail spaces available in well-established neighborhood shopping center.
      22351-22691 E Aurora Pkwy, Aurora, CO 80016
      View Details
    • Contact for pricing
      5,138 SF

      Aurora Retail Space For Lease

      Retail spaces available in Southeast Aurora's lifestyle shopping center.
      23901 E Orchard Rd, Aurora, CO 80016
      View Details
    • Contact for pricing
      3,826 SF

      Retail Space in Cornerstar Center

      Retail and restaurant spaces available in busy Aurora shopping center.
      6755 E Briarwood Cir, Aurora, CO 80016
      View Details
    • Contact for pricing
      1,259 SF

      Retail Space in Cornerstar Center

      Retail and restaurant spaces available in busy shopping center.
      15405 E Briarwood Cir, Aurora, CO 80016
      View Details
    • Contact for pricing

      Cornerstar Shopping Center Retail Space

      Retail and restaurant spaces available in busy shopping center.
      15700 E Briarwood Cir, Aurora, CO 80016
      View Details

    Property Visit Statistics

    • Visits by month
      118.8k
    • Visitors by month
      82.7k
    • Avg Time on site
      28 min
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15700 E Briarwood Cir
    Aurora, CO 80016
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    15700 E Briarwood Cir, Aurora, CO, 80016
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!