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Off Market
1/18

15900 E 40th Ave
Aurora, CO 80011


HIGHLIGHTS


OVERVIEW

Property Overview: The 119-room, three-story Econo Lodge Denver International Airport is positioned off Interstate 70, conveniently located at the intersection of East 40th Avenue and Kittredge Street. The economy hotel features a complimentary continental breakfast, business center, elevator, and coffee/tea in the common area. Guest rooms offer a television, microwave, refrigerator, work desk, in-room safe, and community-wide wireless internet. Location Overview: The Buckley Air Force Base, a 100-square mile base, is assigned to Space Operations (formerly the Fourteenth Air Force) and serves more than 92,000 active duty, National Guard, Reserve, and retired personnel throughout the community. Buckley Air Force Base supports air operations, space-based missile warning capabilities, space surveillance operations, space communications operations, and installation support functions. The base is located 7.1 miles from the hotel and contributes an estimated $1 billion annually to the local economy. Located east of Aurora and only six miles from the Denver International Airport, the Colorado Air and Space Port will serve as America’s hub for commercial space transportation and research. Due to the one -mile elevation, Colorado’s aerospace industry contributes significantly to the state’s economic output and includes 180 aerospace companies and more than 500 suppliers and companies providing space-related products and services. The government awarded 58,485 new prime contracts worth $9.3 billion covering worked in or managed from Colorado in 2019. The vibrant, completely-renovated Denver Union Station was unveiled in July 2014 with the elegant nostalgic Great Hall at the Center. The station now boasts 10 restaurants including The Cooper Lounge and Terminal Bar, as well as multiple shops. Daily ridership exceeds 20,000 people. One of the top five botanic gardens in the nation, Denver Botanic Garden is an oasis in the city, offering year-round events on the 24-acres of varying gardens including internationally inspired gardens, ornamental gardens, and the four towers pool. The gardens host over one million people annually. The Denver International Airport is the 20th-busiest airport in the world and the fifth-busiest airport in the United States. With 69 million passengers traveling through the airport in 2019, the Denver International Airport generates more than $33.5 billion annually for the region. The Nine Mile station area includes more than 160 acres of existing commercial property along Parker Road and will include the Regatta Plaza, a higher density mixed-use area centered on the 21.5-acre site. Regatta Plaza will feature 500 units of residential, 100,000 square feet of retail space, and up to 25,000 square feet of commercial space. Skyler Cooper Broker of Record License: CO ER.100080019

FOR SALE DETAILS

PRICE

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# OF ROOMS

-

CAP RATE

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BUILDING DETAILS

PROPERTY NAME

Econo Lodge Denver Int'l Airport

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

43882

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1997

PARKING SPACES

300

LAND DETAILS

LAND ACRES

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LAND SF

-

ZONING

M-2, Aurora

APN/PARCEL ID

1821-00-0-13-001