Salem Square is a neighborhood shopping center totaling approximately 95,931 square feet. It is located on East Mississippi Avenue in the City of Aurora, Colorado. The property serves the area's diverse, dense population. Approximately 36,000 vehicles per day pass the property on East Mississippi Avenue every day. Access to the property is provided by one full access point and one right-in, right-out on East Mississippi Avenue as well as three full access points on South Salem Street on the east side of the property. Salem Square was constructed between 1979 and 1984. The Seller has made nearly $450,000 of capital improvements since July 2018; including but not limited to the parking lot, updated landscaping, and exterior paint. In addition, the seller has replaced roofs and a majority of RTU’s at a cost exceeding $1,300,000. The property consists of 5 one-story buildings situated on a site of approximately 6.8 acres. Salem Square is currently 100% leased to 24 tenants. Current in-place rents range from $7.43 per square foot to approximately $20.00 per square foot which is below the standard rates in the area. All leases are NNN with the exception of one tenant and most include a 15% admin fee. Offered well below replacement cost, Salem Square offers a savvy investor the opportunity to acquire a well-positioned, stable asset.