Property profile

17050 Smith Rd Aurora, CO 80011

OFF-MARKET
Grocery and convenience stores
Property ID
US13-2312672
2,980 SF 0.69 ac lot Built 2017
Entity Owned 16-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple 7-Eleven convenience store and gas station in Aurora, Colorado. Located at the hard corner of Airport Blvd. and Smith Rd., this 2,980 square foot property boasts a prime location with over 50,000 vehicles passing daily. The property features 10 gas pumps and benefits from a 15-year triple-net lease (NNN) with a corporate guarantee from 7-Eleven, a credit-rated, investment-grade tenant (S&P: A). The lease commenced October 30, 2017, and has 7.9 years remaining, with four 5-year options at fixed rent. The property sits on a 0.69-acre lot and was built in 2017. The current net operating income (NOI) is $162,138, resulting in a 5.75% cap rate and a price per square foot of $946.24. The asking price is $2,819,791. This is a strong, stable investment in a high-growth area, offering excellent visibility and access. The lease includes rent bumps and a structural carve-out in the NNN lease, with the landlord responsible for foundation and structure, and 7-Eleven responsible for roof repairs and replacement. The property's location within Denver's Airport industrial submarket, near substantial residential areas, ensures continued strong performance. This is a rare opportunity to acquire a well-performing, nationally branded, net-leased property with significant upside potential.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2017
Total area 2,980 SF
Lot 0.69 ac (30,100 SF)
APN R0192455
UPID US13-2312672

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Credit Union
  • Gas Station
  • Grocery & Convenience Store

Location

17050 Smith Rd Aurora, CO 80011-3500
Aurora metro Census 8309 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2024
Last sale
$2.8M
1 recorded transaction
2024
$2.8M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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