18307 Hampden AveAurora, CO 80013

Property Details for 18307 Hampden Ave

Year built

1999

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

8.55 AC

Property size (Sq ft)

89,225 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

1975-33-4-16-002

APU

197533416002

Description

This exceptional 1-acre retail pad site presents a unique ground lease opportunity in Aurora, Colorado. Located at 18307 E Hampden Ave, 80013, this property boasts excellent visibility and accessibility at a high-traffic intersection. The site offers significant frontage, ensuring maximum exposure for your business. The surrounding area is anchored by established national retailers including Kohl's, King Soopers, Walgreens, and McDonald's, creating a strong and vibrant retail environment. This location benefits from a high-growth trade area with compelling demographics, promising substantial customer traffic and potential for significant return on investment. The total building square footage of the adjacent properties is 88,275 square feet, indicating a well-established and successful retail center. This pad site is ideal for a variety of retail uses, providing an unparalleled opportunity to establish a presence in a thriving commercial area. The single tenancy allows for complete control and customization of the space. The property's 1-acre lot size provides ample space for development and ensures ample parking for customers. This is a rare opportunity to secure a prime retail location in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $24,618,328

  6.5%

  $22,724,610

  7%

  $21,101,424

• Comparable approach

  Method

  Valuation

  Relative Method

  $44,107,920

  Geo Method

  $18,576,860

• Alternative Use

  Use

  Valuation

  Residential

  $19,169,058

  Hospitality

  $17,558,754

  Educational

  $14,608,678

  Medical

  $15,111,092

  Retail

  $22,724,610

Location Insight

City

Aurora

County

Arapahoe

State

Colorado

Latitude

39.6542

Longitude

-104.775

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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