Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, the Property is a ±3.218-acre redevelopment site located at the northwest corner of Sable Boulevard and Centrepoint Drive within Town Center at Aurora in the Denver MSA. The fully paved outparcel sits adjacent to Hobby Lobby at a signalized intersection and benefits from existing access points, utilities, and drainage infrastructure. The Seller completed conceptual planning for two different residential development options, a two-phase development totaling 150 apartment units with ground-floor commercial and amenity space as option one and a 246-unit, transit-oriented community as option two. The Property is zoned MU-R (Mixed-Use Regional), with multifamily as a primary permitted use, creating a compelling path for residential or mixed-use redevelopment. Town Center at Aurora spans more than 1 million square feet with 125+ retail, dining, and entertainment brands, while the Property benefits from ±19,133 VPD along S Sable Boulevard, ±40,309 VPD along E Alameda Avenue, and access to I-225 approximately 0.5 mile away. More than 404,000 residents live within five miles, with average household income exceeding $108,000. The City of Aurora had previously granted a site plan approval for the contemplated multi-family development. Concept plans are subject to further City review and approvals.