Property summary
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
VerifiedCap rate & NOI
Current use
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Moving Company Logistics Company
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Grocery & Convenience Store
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Car Rental Facility
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Bank Credit Union
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Atm
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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