15200 Girard Ave Aurora, CO 80014

This 39,410 square foot, four-story Class B office building in Aurora, Colorado presents a compelling value-add investment opportunity. Located at 15200 E Girard Ave, near the intersection of South Chambers Road and East Hampden Avenue, this property boasts a 90.55% occupancy rate with a diverse tenant base of 40 businesses. Built in 1985, the building features 38,855 square feet of rentable space, a substantial 1.62-acre lot with a 4:1,000 parking ratio, and a TPO roof installed in 2008. Recent upgrades include a renovated lobby (2017) featuring new tile, paint, lighting, and signage, as well as a modernized second-floor conference room. Common area hallways have been updated with new carpet and paint (2017). The building's layout includes typical floor sizes of 9,852 square feet, with tenant spaces featuring carpet and VCT flooring in kitchen areas. The property is zoned B-1 and offers significant potential for rental growth and increased net operating income (NOI) due to staggered leases and built-in rent increases. Tenants benefit from the building's convenient location, offering easy access to South Parker Road and I-225, along with numerous nearby amenities and restaurants. This property is an excellent choice for investors seeking a stable, high-occupancy asset with substantial upside potential.