Property profile

754 Peoria St Aurora, CO 80011

OFF-MARKET
Grocery and convenience stores
Property ID
US13-0235958
1,593 SF 0.34 ac lot Built 1954
Individually Owned 14-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 1,593 square foot gas station situated on a 0.34-acre lot at 754 Peoria St, Aurora, CO 80011. Built in 1954 and renovated in 2001, this six-pump station benefits from a new 10-year lease with a favorable 4% annual rent increase. The property boasts a strong 7.00% cap rate and a net operating income (NOI) of $54,000, making it an attractive addition to any portfolio. Located within the Hoffman Heights Shopping Center, this location enjoys high visibility and traffic counts of 17,553 vehicles per day on Peoria and 6th Avenue, providing excellent access to major thoroughfares including I-225, 6th Avenue, and E Colfax Avenue. The property is zoned MU-C and offers bonus depreciation advantages for the new owner. The asking price is $775,000, representing a price per square foot of $486.50. This NNN lease structure minimizes landlord responsibilities, offering a passive income stream with significant upside potential. The property's prime location and strong lease terms make it an ideal investment for those seeking a stable, high-return asset in a thriving Colorado market.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1954
Construction CONCRETE BLOCKS
Total area 1,593 SF
Lot 0.34 ac (14,810 SF)
APN 1973-01-3-23-001
UPID US13-0235958

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
  • Moving Company Logistics Company
  • Grocery & Convenience Store
  • Car Rental Facility
  • Bank Credit Union
  • Atm

Location

754 Peoria St Aurora, CO 80011-8231
Aurora metro Census 7600 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
$555k

Owner & transaction history

since 2012
3 recorded transactions
2012
$600,000
2010
Price N/A
2009
$200,000

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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