Listed by Panorama Commercial Group
$3,300,000
482 & 490 S Chambers Rd
Details
Property Type Retail
Sub Type Storefront, Street Retail
Cap Rate 7.75%
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Remaining Term 5
STNL Investment Opportunity - Located in City Center Marketplace - Aurora CO
Marketing description
Recently Condo minimized Street Level portion of City Center Marketplace Parking: Shared with City Market Place
490 S. Chambers Road presents a well-located commercial opportunity in the heart of Aurora, positioned along one of the area’s established retail and service corridors. The property benefits from excellent visibility and convenient access, with direct connectivity to major thoroughfares serving the greater Denver metropolitan area.
Situated near the signalized intersection of South Chambers Road and East Alameda Avenue, the site is surrounded by dense residential neighborhoods, national retailers, and a wide variety of local service-oriented businesses. This high-traffic location drives consistent daily activity and strong exposure for tenants and visitors alike.
Investment highlights
- 490 south chambers rd lease summary
- Lease Type: DMV STNL (Tenant is exempt from paying taxes)
- Lease Term: Through March 31, 2032
- SF: 16,438 SF
- Current NOI: $230,132
- Rent Escalations: 3.0% for each of the last two (2) years of the lease
- 482 south chambers road rent summary
- Lease Type: Davita STNL
- Lease Term: Through 9/30/29 w/ two (2) Five (5) year options with set rates with the same 2% annual increases
- SF 8.588 SF
- Current NOI: $155,836
- Rent Escalations: 2% annual increases every Oct 1
Listing Contacts
Listed by Panorama Commercial Group
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