303-681-5672
403 S Airport Blvd, Aurora, CO for Sale
Warehouse - FOR SALE
1/5
null | Request Cap Rate

403 S Airport Blvd
Aurora, CO 80017


HIGHLIGHTS

  • Multifamily Redevelopment
  • Favorable Building & Land Basis
  • Functional Layout

OVERVIEW

Kenai Capital Advisors (“Kenai”), acting as exclusive advisors for the seller, is pleased to present the opportunity to acquire the fee simple interest in 403 S Airport Boulevard, a 160,555 SF industrial property located in Aurora, Colorado (“The Property”). The Property is currently leased to two tenants with 4.0 years of WALT located near Buckley Space Force Base. The property is strategically situated off Interstate 225, used by 152,000 cars daily to pass through Aurora. Interstate 225 serves as a crucial logistics route between South Denver’s major population centers and the industrial corridor of Interstate 70. This centrally located infill site offers investors a rare opportunity to acquire 15.15 acres of land zoned for multifamily, complete with existing income streams. Located at 403 S Airport Boulevard, this site is one of the few infill locations of its size available for redevelopment. The weighted average lease term provides ample time for investors to harvest cash flow while planning a development or holding the property as a long-term industrial investment. Currently, the property is 100% leased to a local moving & storage company and a charter school. This highly functional industrial asset not only provides in-place cash flow but also presents significant redevelopment potential. It is a unique opportunity for investors and developers to capitalize on the growth occurring in Aurora.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

24 Ft

DOCKS

16

DRIVE INS

1

PARKING SPACES

253

LAND DETAILS

LAND ACRES

15.15

LAND SF

659,934

ZONING

MU-OI

APN/PARCEL ID

1975-17-1-21-001

ASK ABOUT THIS PROPERTY

Garrett NeustromKenai Capital AdvisorsMore Info
303-681-5672

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Garrett NeustromKenai Capital AdvisorsMore Info
303-681-5672

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.