18620 Iliff Ave, Aurora, CO 80013
14,490 SF | Retail Building | Aurora, CO 80013 | $5,454,000 ($376/SF) | 6.75% Cap Rate
Asking Price $5,454,000
- Property Type
-
Retail
- Square Feet
- 14,490 SF
- Price / Square Foot
- $376
Listing Contacts
- Property Info
Property Overview
Strong Performing Store – Store sales above national average, contact agent for more information
11+ Years Remaining Corporate Absolute NNN Lease with Rental Increases in 2025 & 2030 – Allows an investor the opportunity to acquire a NNN asset on a truly passive income structure
Long-Term Tenant with Recent Lease Extension by Walgreens – Walgreens has been successfully operating at this location since 2003 and the recent lease extension shows a strong commitment to the site
Strong Corporate Guarantee – Walgreens Boots Alliance Inc. has an Investment Grade credit rating of BBB- (S&P). Fiscal 2023 sales increased 4.8 percent YOY to $139.1 billion
11+ Years Remaining Corporate Absolute NNN Lease with Rental Increases in 2025 & 2030 – Allows an investor the opportunity to acquire a NNN asset on a truly passive income structure
Long-Term Tenant with Recent Lease Extension by Walgreens – Walgreens has been successfully operating at this location since 2003 and the recent lease extension shows a strong commitment to the site
Strong Corporate Guarantee – Walgreens Boots Alliance Inc. has an Investment Grade credit rating of BBB- (S&P). Fiscal 2023 sales increased 4.8 percent YOY to $139.1 billion
Property Details
- Class
- B
- Year Built
- 2003
- Stories
- 1
- Property Subtype
- Drug Store
- Lot Size (sq. ft)
- 89,298 SF
Highlights
- Strong Performing Store
- 11+ Years Remaining Corporate Absolute NNN Lease with Rental Increases in 2025 & 2030
- Best in Class Tenant
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