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Investment Highlights

  • Exceptional investment opportunity offering a versatile mid-rise multi-tenant office complex with extensive recent renovations completed.
  • Diverse in-place tenant mix that includes dental, medical, professional, and financial services, and coworking businesses.
  • Surrounded by walkable dining, retail, and hotel options, creating an amenity rich destination that enhances appeal for tenants.
  • Currently 33% occupied, offering robust value-add potential to lease or occupy the remaining vacancies and capture increased returns.
  • Prime location offering great visibility to over 225,000 daily vehicles, with seamless access to Interstate 225 and an adjacent light rail terminal.
  • Favorable submarket trends, with limited office vacancies, stable rent growth, and high liquidity, support successful investment strategies.

Executive Summary

Sierra Commercial Real Estate is pleased to present The Forum, a 168,667 square foot suburban office buildings in Aurora, Colorado.
Developed by Vantex Properties in the early 1980’s and extensively renovated in 2025, The Forum offers a unique opportunity with
Best in Market Access and Visibility Value-Add opportunity with major recent capital upgrades and multiple pathways for success including lease up, redevelopment, or an owner-user sale. Efficient +-25,000 SF floorplates that can accommodate full floor users or easily be demised for smaller suites. Expansive on-site parking to accommodate a variety of uses including medical office. Compelling cost basis that is far below replacement costs.
Ideally located at I-225 & Iliff with unmatched visibility, light rail access, and easy access to the Denver Tech Center, Downtown, and DIA.
Major recent capex includes new parking lot, upgraded two story lobby, elevator cabs, and common areas. Future capital spend will be focused on leasing activity and increasing NOI. The city of Aurora is Colorado’s third largest city with a diverse population
of more than 414,000. Aurora is home to a vibrant business environment, including major industries such as aerospace and defense, renewable energy, bioscience and health care, and transportation and logistics. Tree-lined streets, open prairie, majestic views of the mountains and ample neighborhood parks make Aurora neighborhoods a comfortable place to call home.
With nearly 19,000 SF of new occupancy in the last 18 months and 22,000 SF of recent lease renewals, The Forum has track record for attracting and retaining tenants above the market norms and represents an advantageous opportunity in the market.

Property tours are by appointment only. Please contact the listing broker to schedule.

Matterport 3D Tours

Lobby Matterport Tour

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Offering Memorandum Click Here to Access

Data Room Click Here to Access

Market Analytics Click Here to Access

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Market Sale Price per SF

Denver - CO USA

Market Cap Rate

Denver - CO USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
168,720 SF
Building Class
B
Year Built
1981
Percent Leased
33%
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
24,103 SF
Slab To Slab
11’
Building FAR
0.50
Lot Size
7.77 AC
Parcel Numbers
1975-30-2-20-005
Zoning
B-3, Aurora
Parking
600 Spaces (3.56 Spaces per 1,000 SF Leased)

Amenities

  • Commuter Rail
  • Conferencing Facility
  • Food Service
  • Property Manager on Site
  • Security System
  • Outdoor Seating

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 118
  • 5,077 SF
  • Office
  • Full Build-Out
  • Now

4 offices, reception, conference, storage, open area

  • 2nd Fl-Ste 206
  • 2,940 SF
  • Office
  • Full Build-Out
  • Now

Mostly open office plan with a full standard office build-out offering various amenities.

  • 3rd Fl-Ste 300
  • 22,421 SF
  • Office
  • Shell Space
  • Now

White Box, ready for build-out (divisible)

  • 4th Fl-Ste 418
  • 4,098 SF
  • Office
  • Full Build-Out
  • Now

Second generation office with internal restrooms.

  • 5th Fl-Ste 500
  • 25,189 SF
  • Office
  • Full Build-Out
  • Now

Full floor, former call center space, primarily open area.

  • 6th Fl-Ste 600
  • 24,758 SF
  • Office
  • Full Build-Out
  • Now

Mostly open 4th floor office space with a full standard office build out offering various amenities.

  • 7th Fl-Ste 700
  • 25,071 SF
  • Office
  • Full Build-Out
  • 60 Days

Contiguous with the 5th and 6th Floors for 75,018 RSF.

Space Size Space Use Build-Out Available
1st Fl-Ste 118 5,077 SF Office Full Build-Out Now
2nd Fl-Ste 206 2,940 SF Office Full Build-Out Now
3rd Fl-Ste 300 22,421 SF Office Shell Space Now
4th Fl-Ste 418 4,098 SF Office Full Build-Out Now
5th Fl-Ste 500 25,189 SF Office Full Build-Out Now
6th Fl-Ste 600 24,758 SF Office Full Build-Out Now
7th Fl-Ste 700 25,071 SF Office Full Build-Out 60 Days

1st Fl-Ste 118

Size
5,077 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 206

Size
2,940 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

3rd Fl-Ste 300

Size
22,421 SF
Space Use
Office
Build-Out
Shell Space
Available
Now

4th Fl-Ste 418

Size
4,098 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

5th Fl-Ste 500

Size
25,189 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

6th Fl-Ste 600

Size
24,758 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

7th Fl-Ste 700

Size
25,071 SF
Space Use
Office
Build-Out
Full Build-Out
Available
60 Days

1st Fl-Ste 118

Size 5,077 SF
Space Use Office
Build-Out Full Build-Out
Available Now

4 offices, reception, conference, storage, open area

2nd Fl-Ste 206

Size 2,940 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Mostly open office plan with a full standard office build-out offering various amenities.

3rd Fl-Ste 300

Size 22,421 SF
Space Use Office
Build-Out Shell Space
Available Now

White Box, ready for build-out (divisible)

4th Fl-Ste 418

Size 4,098 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Second generation office with internal restrooms.

5th Fl-Ste 500

Size 25,189 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Full floor, former call center space, primarily open area.

6th Fl-Ste 600

Size 24,758 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Mostly open 4th floor office space with a full standard office build out offering various amenities.

7th Fl-Ste 700

Size 25,071 SF
Space Use Office
Build-Out Full Build-Out
Available 60 Days

Contiguous with the 5th and 6th Floors for 75,018 RSF.

Fairly walkable
40/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
21,800
177,124
423,899
2020 Population
21,500
174,417
417,505
2030 Population
22,145
180,055
431,383
2025-2030 Projected Population Growth
1.6%
1.6%
1.8%
Daytime Employees
8,226
60,803
148,862
Total Businesses
1,017
7,530
23,491
Average Household Income
$89,064
$97,714
$102,604
Median Household Income
$71,574
$77,428
$80,131
Total Consumer Spending
$289.2M
$2.2B
$5.4B
Median Age
42.9
37.8
37.7
2025 Households
9,865
71,161
168,352
Percent College Degree or Above
21%
20%
22%
Average Home Value
$429,379
$488,567
$530,733
$ values in USD

Sale Advisor

Sale Advisor

Brian Wagner, Principal
Brian L. Wagner provides specialized brokerage advisory services to institutional property owners and entrepreneurial business owners, focusing on office and medical office properties in Colorado Springs. Working with a team of highly experienced brokerage professionals, he offers a full range of consulting and marketing services including lease review, property analysis, market positioning, tenant representation and transaction management. He is particularly known for his client-centered focus and diligence at guiding clients to achieve their goals.

Brian joined the Newmark in 2014. Previously, he was with Sierra Commercial Real Estate, where he handled approximately 2 million square feet of office and medical properties. His dedication and tenacity drove his achievements, and he was consistently recognized as a Top Producer within both his firm and the greater Colorado Springs community.

About the Auction Technology

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact

Keisha Hartshorn
Auctioneer License: Ten-X Arlene Richardson RE Brkr EC.100067651
  • Listing ID: 39847815

  • Date on Market: 2026-04-03

  • Last Updated:

  • Address: 14001 E Iliff Ave, Aurora, CO 80014

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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