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16800 E Mississippi Ave 16,165 SF Retail Building Aurora, CO 80017 $4,521,692 CAD ($279.72 CAD/SF) 6.90% Cap Rate
Investment Highlights
- Long Term Tenant - Currently leased as an (NNN) Triple Net basis through 12/31/2027
- Parking Ratio of 5.25/1,000 SF
- Roof was replaced in 2018
Executive Summary
Excellent opportunity for an owner-user/ investor looking for a property with a diverse range of permitted uses with the versatile MU-C zoning. Priced below replacement cost. The availability of monument signage enhances visibility and advertising opportunities. Easily accessible and convenient location near retail, restaurants, and entertainment.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,165 SF
Building Class
C
Year Built
1986
Price
$4,521,692 CAD
Price Per SF
$279.72 CAD
Cap Rate
6.90%
NOI
$311,997 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
1.39 AC
Zoning
MU-C (Mixed-Use Corridor)
Amenities
- Signage
- Monument Signage
- Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1975-20-1-26-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $5,204 CAD |
Property Taxes
Parcel Number
1975-20-1-26-001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,204 CAD
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16800 E Mississippi Ave
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