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Off Market
1/3

18620 E Iliff Ave
Aurora, CO 80013


HIGHLIGHTS

  • Historically Strong Sales – This store has been consistently performing well over the last 3 years – contact broker for more details.
  • Top 20 MSA – The Denver MSA has a population of nearly 3 million, which is a 15%+ growth since 2010.
  • Busy Intersection – Subject property sits near the intersection of S Tower Rd and E Iliff Ave, which ushers +/-50,000 cars per day in front of the sto

OVERVIEW

INVESTMENT HIGHLIGHTS Zero Landlord Responsibilities – Tenant takes care of taxes, insurance, and all maintenance, offering a “hands off” passive investment for both locals and out-of-state investors. Multi-Billion Dollar Tenant – Walgreens has over 9,200 drug stores across the country that generate $136 Billion in sales and $3.9 Billion in net earnings. They have strong BBB investment grade credit (S&P) and with a current market cap of roughly $40+ Billion. Dense Submarket – There are just over 300,000 residents within 5 miles with an expected 5% growth over the next 5 years School HUB – Subject property is surrounded by 113,000 households within 5 miles and is central to Sidecreek Elementary School, Mrachek Middle School, and Rangeview High School which is a Top 5 high school in the district. Nearby Air Force Base – Buckley AFB, named after WWI Army pilot First Lieutenant John Harold Buckley, is only minutes away and is home to some of America’s finest military troops. It serves more than 92,000 active duty, National Guard, Reserve and retired personnel throughout the Front Range community Dense Submarket – There are just over 300,000 residents within 5 miles with an expected 5% growth over the next 5 years Award-Winning Market – Denver ranks #3 for Best Places to Live, #4 in Forbes for the Best Places for Business and Careers, and featured on lists such as “30 Top U.S. Cities to visit in 2018, “Top 100 Cities Across the Globe,” and “Best Places to Visit in the United States.”

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

14490

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

71

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

1975-27-2-18-001