Aurora Plaza_Property for Sale
Aurora Plaza_Property for Sale
15001-15293 E Mississippi Ave, Aurora, CO, 80012-3729, US

Aurora Plaza

Asset description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire Aurora Plaza (“The Property”), a 115,461 square foot shopping center located off of East Mississippi Avenue and South Chambers Road, in Aurora, Colorado. Aurora Plaza has seen significant leasing momentum with over 29,000 square feet of leases signed within the past 24 months with notable additions including an animal hospital, urgent care center, and physical therapist. The Property is 80% leased, presenting a lucrative value-add opportunity for a future investor, while providing solid cashflow and a favorable basis.


The site benefits from high visibility and easy accessibility and sees over 740K visitors per year. Aurora Plaza is comprised of 27 tenants, and is located directly across from King Soopers, Colorado’s #1 grocer. Situated in the main Aurora retail corridor, it is conveniently surrounded by major retailers such as Walmart, Sam’s Club, Target, PetSmart, Best Buy, and Dollar Tree, all within a mile radius. Moreover, the Property will benefit from additional customer activity with two national pad retailers to be added at the main entrance along East Mississippi Ave.

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Attributes

Building area net
115,461 sf
Occupancy
80%
Year built
1982
Year renovated
2001
WAULT
4.1 years

Media

Investment highlights

  • Diverse Tenant Mix
  • Strong Leasing Momentum
  • Lucrative Value-Add Opportunity
  • Exceptional Market Fundamentals in a Highly Dense Retail Corridor
  • Excellent Visibility and Access
Aurora Plaza 4_Property for Sale
Aurora Plaza 4_Property for Sale

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Aurora Plaza (0 Properties)

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Last updated
Jul 15, 2024