Author: weststaradm

Investment Property for Sale

Just north of East Colfax Avenue in Aurora, Colorado on the corner of Peoria Street and East 16th Avenue, a new investment opportunity  come on the market. A 7,400 square foot corner lot currently serving as a car wash can be of benefit to the potential investor as both a car wash revenue, and a business and investment possibility, especially since this area is still in a constant state of continued exponential growth.

Located a few blocks away on East Colfax is the large UC Health Anschutz Outpatient Pavilion, UC Health University of Colorado Hospital, and the UC Health University of Colorado Anschutz Medical Campus, which is considered to be the largest academic health center in the Rocky Mountain region.

The seller has completed $20,000 plus improvements on the current property. With these improvements, an investor can immediately begin collecting operating income from an established base through this car wash business while working on a complete redevelopment of the site. Included in the sale of this property will be a set of preliminary micro apartment multi-family plans and initial information from the city.

Please contact one of our brokers for the financials and for further details. This property has every potential of being a great investment opportunity, well worth investigating further.

Property: 1597 Peoria St.
Asking Price: $750,000
Lot Size: 7,400 sf MU –
Zoning: FB
Cap Rate: 7.98%
County: Adams

Peoria St. at E. Colfax Ave. S.: 31,632 VPD
Peoria St. at E. 19th Ave. S.: 32,625 VPD
E. Colfax Ave. at Peoria St. W.: 41,819 VPD

2010 Population
2 Miles: 73,732
5 Miles: 335,634
10 Miles: 944,407

2023 Population
2 Miles: 95,428
5 Miles: 404,917
10 Miles: 1,124,210

Median Home Value
2 Miles: $322,726
5 Miles: $362,710
10 Miles: $400,561

*Traffic Source: Traffic Metrix (2023)
*Demographics Source: CoStar Realty Information, Inc. (2023)

Sheldon Hayutin
720-880-2934 direct
303-888-8597 cell
sheldon@weststarcommerical.com

Lev Cohen
720-880-2925 direct
720-232-4118 cell
lev@weststarcommercial.com

Information contained herein, while not guaranteed, is from sources believed reliable. Price, terms, and information subject to change.

Space Now Available: 1,376 sf
Asking Rate: $18 psf NNN
Construction: Newly Renovated Interior
Bathroom: 1

S. Parker Rd. (SH 83) at S. Parker Rd. S.: 55,617 VPD
S. Parker Rd. (SH 83) at E. Quincy Ave. N.: 53,108 VPD
S. Parker Rd. (SH 83) at E. Quincy Ave. S.: 74,329 VPD
E. Quincy Ave. at S. Parker Rd. W.: 38,500 VPD

2022 Population
2 Miles: 38,536
5 Miles: 375,162
10 Miles: 1,144,820

Median Age
2 Miles: 41.1
5 Miles: 37.5
10 Miles: 37.5

2022 Households
2 Miles: 16,430
5 Miles: 152,784
10 Miles: 465,153

Average HH Income
1 Mile: $98,996
3 Miles: $102,132
5 Miles: $112,234

*Traffic Source: Traffic Metrix (2023)
*Demographics Source: CoStar Realty Information, Inc. (2023)

Sheldon Hayutin
720-880-2934 direct
303-888-8597 cell
sheldon@weststarcommerical.com

Lev Cohen
720-880-2925 direct
720-232-4118 cell
lev@weststarcommercial.com

Information contained herein, while not guaranteed, is from sources believed reliable. Price, terms, and information subject to change.

Price Range: $17 psf to $23 psf with a triple net lease
Range of Space: 2,010 sf – 6,405 sf
Zone Classification: IP/PL-O

• Stylish Class A medical office building
• Ample parking, elevator, wheelchair accessibility
• Dense area of medical/healthcare-related facilities
• C-470 nearby for easy access to and from the property

Lev Cohen
720-880-2925 direct
720-232-4118 cell
lev@weststarcommercial.com

Tim Hakes
720-880-2923 direct
720-352-9457 cell
tim@weststarcommercial.com

Information contained herein, while not guaranteed, is from sources believed reliable. Price, terms, and information subject to change.

Incredible Opportunity

A remarkable investment opportunity to own a fully 100% leased Absolute NNN Lease has become available in the swiftly growing populations within the Castle Rock are in Douglas County, Colorado. According to the most recent census, this area has shown an influx in population growth rising from 48,586 in 2010 to 78,936 in 2020. Statistical projections show this growth is not about to slow.

Asking Price: $3,850,000
Lease Type: Absolute NNN Lease
Square Footage: 8,619 sf
Land Size: 1 Acre
Built: 2003
Zoning: Meadows Parkway PD
Average NOI: $200,195.33
Cap Rate: 5.27%

• Entire facility leased 100% to HighPointe Academy
• Premier Early Childcare is a strong national daycare brand
• Premier is leasing property for 9 more years plus three 5-year options
• Strong financials show growth of this daycare center
• Located on the going-to-work side of Meadows Drive

Lev Cohen
720-880-2925 direct
720-232-4118 cell
lev@weststarcommercial.com

Sheldon Hayutin
720-880-2934 direct
303-888-8597 cell
sheldon@weststarcommerical.com

Information contained herein, while not guaranteed, is from sources believed reliable. Price, terms, and information subject to change.

Unit 101 / 1st Floor: Available Now
Available Space: 1,125 sf
Asking Rate: $14 psf Modified Gross

• 1,125 sf available for lease
• Near Santa Fe and C-470
• Space can be made ready to go
• Office comes with a private bathroom
• Space come with a kitchen sink
• Private access to individual space
• Locked common area

Spaces for lease near Santa Fe and C-470. Tenants will have private access to their space with a locked common area. Modified Gross rate includes: Taxes, Insurance, CAM, and maintenance of HVAC and water.

Lev Cohen
720-880-2925 direct
720-232-4118 cell
lev@weststarcommercial.com

Sheldon Hayutin
720-880-2934 direct
303-888-8597 cell
sheldon@weststarcommercial.com

Information contained herein, while not guaranteed, is from sources believed reliable. Price, terms, and information subject to change.

For sublease or assignment

Office Suite E-200, a 2,248 sf second-story space with a private entrance has recently become available as a sublease or as an assignment opportunity. This space is located in the Inverness Exchange Business Park, a well-maintained, contemporary style, multi-tenant office/flex complex. Conveniently situated at the intersection of East County Line Road and Interstate 25 in Englewood, Colorado, this property is just ten minutes from the Denver Tech Center, another twenty minutes to downtown Denver and only moments away from the Hilton Denver Inverness Hotel and Golf Club.

Besides travel by car with plenty of onsite parking, access to and from the E-200 property is also available through shuttle service that connects the business park to the footbridges of both the County Line and Dry Creek Lightrail Stations. The property also boasts a touchscreen-controlled and monitored security system with concealed ceiling security cameras.

• Large 2,248 sf of space
• Offering a Sub-lease or Assignment
• Second story entrance to multiple private offices
• High-end build-out with offices and conference room
• Space comes with Kitchen and breakroom
• Touchpad Security controlled & monitored system
• Concealed Ceiling Security cameras
• Banks of large windows on multiple walls
• Large open space for special needs
• Ample off-street onsite parking

Lease Months                Monthly Base Rent
November 1, 2021        $2,997.33
November 1, 2022       $3,091.00

Sheldon Hayutin
720-880-2934 direct
303-888-8597 cell
sheldon@weststarcommerical.com

Lev Cohen
720-880-2925 direct
720-232-4118 cell
lev@weststarcommercial.com

Information contained herein, while not guaranteed, is from sources believed reliable. Price, terms, and information subject to change.