15200 E Girard Ave - Medical FOR SALE


Aurora, CO 80014- Eagle Park
$3,299,000 USD
720-979-9185
15200 E Girard Ave, Aurora, CO for Sale
$3,299,000 USD
Medical - FOR SALE
1/18
null | 10.47% Cap Rate

15200 E Girard Ave
Aurora, CO 80014
Eagle Park


HIGHLIGHTS

  • Four Years of Approximately 90 Percent Occupancy
  • Smaller Suites, Ideal for This Market Demographic, Suite Sizes Range from 300/SF to 2,143/SF
  • Tenants Reimburse $1.80 for Electrical

OVERVIEW

The Kramer Group of Marcus & Millichap is pleased to present the investment opportunity located at 15200 E Girard Ave. The property is just off the corner of East Hampden Avenue and South Chambers Road, two prominent thoroughfares that provide convenient access and strong visibility within the surrounding commercial corridor. The building is comprised of approximately 38,855 rentable square feet and is configured to support a diverse tenant mix, featuring an average suite size of 883 square feet. Over the past four years, the property has maintained an impressive average occupancy level of 90 percent, demonstrating consistent tenant demand and operational stability in the market. Additionally, tenants reimburse $1.80 for electrical expenses, helping offset operating costs and contributing to the asset’s efficient expense structure. Notably, the building’s bathrooms feature new sinks and granite finishes, creating a clean and professional environment for tenants and visitors alike. This asset is particularly well suited to the local market demographic. The smaller suite configurations provide the owner with significant leasing flexibility, allowing management to accommodate a wide variety of tenant types and evolving business needs. This adaptability supports stable occupancy while creating opportunities to capture demand from service providers and professional offices. For investors, the combination of strong historical occupancy, expense reimbursements, and flexible suite sizes presents a compelling opportunity for continued income stability and long-term leasing resilience.

FOR SALE DETAILS

PRICE

$3,299,000 USD

PRICE/SF

$84 USD /SF

CAP RATE

10.47%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Girard Business Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

154

LAND DETAILS

LAND ACRES

1.62 AC

LAND SF

70,567 SF

ZONING

B-1,PUD

APN/PARCEL ID

1975-31-4-40-001

ASK ABOUT THIS PROPERTY

Chadd NelsonMarcus & MillichapMore Info
720-979-9185

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Chadd NelsonMarcus & MillichapMore Info
720-979-9185

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.