401 Sable Blvd Aurora, CO 80011

This exceptional investment opportunity presents a stabilized shopping center in Aurora, Colorado, within the Denver MSA. The 146,518 square foot property sits on a 14.11-acre lot and boasts 28 tenants, achieving a 92% occupancy rate. The center features four single-story buildings with 723 parking spaces, built in 1987 and zoned MU-C (Mixed Use Corridor). The asking price is $28,950,000, representing an attractive 8.30% cap rate. Anchored by strong national and regional tenants, including Davita Dialysis, the Department of Motor Vehicles, Biomat USA, and Third Future Schools, many with long-term leases. The property benefits from a prime location, just two blocks from the 2nd and Abilene light rail station and adjacent to the I-225 and Sixth Avenue interchange, experiencing combined daily traffic counts of 56,700 vehicles. Nearby, the Griffis Fitzsimons South and Revel apartment complexes provide a substantial residential base. The property offers potential for future development, with two available pad sites and additional expansion opportunities, given its MU-C zoning. A significant $100,000+ remodel and extension was completed at the DMV location in 2018. This is a rare chance to acquire a below-replacement-cost, high-performing retail center in a thriving Denver market. The net lease structure provides a stable income stream.