13900 Mississippi AveAurora, CO 80012

For Sale
$2,895,000

High-yield retail investment, Aurora, CO

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional investment opportunity presents a ±20,000 square foot, single-tenant retail property located at 13900 East Mississippi Avenue in Aurora, Colorado. The property boasts a 7.25% cap rate and a strong NOI of $210,000. Currently 100% occupied by BioLife Plasma Services, a leading provider of plasma collection services, the lease agreement features a 10-year term with six years remaining until the base lease expires on August 31, 2030, and includes two five-year renewal options. The lease is guaranteed by Takeda Pharmaceutical Company Limited, a publicly traded company, providing significant financial security. The property is situated within a high-traffic retail center in Aurora, offering ample parking and a synergistic mix of neighboring retailers, including Subway, The UPS Store, Burger King, and Burlington. Built in 1987, this single-story building sits on a 20,000 square foot lot and is zoned MU-C. The asking price is $2,895,000, translating to a price per square foot of $144.75. This core investment offers a compelling combination of strong tenancy, favorable lease terms, and a prime location in a thriving retail corridor. The property's APN is 1975-19-2-34-001. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term potential.

Highlights

  • ±20,000 SF single-tenant retail building in Aurora, CO.
  • 7.25% cap rate and $210,000 NOI.
  • 100% occupied by BioLife Plasma Services, lease guaranteed by Takeda Pharmaceutical.
  • Six years remaining on the 10-year lease with two 5-year options.
  • Located in a high-traffic retail center with ample parking and strong co-tenancy.

Property Details for 13900 Mississippi Ave

Property type
Other retail properties, Individual retail properties
Square Feet
20,000 SF
Year Built
1987
Buildings
1
Stories
1
Units
1

Location Insight

City
Aurora
County
Arapahoe
State
Colorado
Latitude
39.69542394429
Longitude
-104.82438462059
13900 Mississippi Ave, Aurora, Colorado

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13900 Mississippi Ave
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