Skip to main content

Office

15200 E Girard Ave

15200 E Girard Ave, Aurora, CO 80014

Listing Price: $5,100,000

Cap Rate
6.92%
Rentable SF
1,214
Lot Size
1.62 acres
Year Built
1985

Investment Overview

The Kramer Group of Marcus & Millichap is pleased to present the exclusive listing of the Girard Business Center. Built in 1985, this 4 story Class B Office is located at 15200 E Girard Ave, in Aurora Colorado, right off the corner of South Chambers Rd and E Hampden Ave with great access to South Parker Rd and I 225. The Girard Business Center is a 39,410 Gross Square foot Brick building with 38,540 Rentable Square feet, 100% occupied with a diverse mix of professional tenants. There are 29 tenants with over two years remaining on their current leases. The lobby was upgraded in 2017 with new tile, paint, recessed lighting, artwork, and suite, directory, mechanical rooms, and common area signs. Second floor common conference room recently upgraded with new LVT flooring, new paint, and new TV/Video System. Common area hallways are wood trimmed wainscoting and upgraded with new carpet and paint in 2017. Ceilings are suspended lay in-grid system throughout. The tenant spaces have carpet and VCT in kitchen areas. The Girard Business Center is a great opportunity for an investor looking for a 100% occupied Class B office building in Aurora Colorado with staggered leases, rent increases, and ability to add value driving rents.

Investment Highlights

  • 100% Occupied with rent increases.
  • 41 Diverse tenants with 29 tenants having over two years remaining on their current lease
  • Located near Chambers and Hampden in Aurora with numerous amenities and restaurants located close by
  • Large 1.62-acre site with a 4/1,000 parking ratio.
  • TPO Roof installed in 2008
  • Great opportunity to drive rents and increase NOI
  • Typical floor size of 9,852 Square Feet

Exclusively Listed By

Financing By

Office

15200 E Girard Ave

Listing Price: $5,100,000

Cap Rate
6.92%
Rentable SF
1,214
Lot Size
1.62 acres
Year Built
1985

Investment Highlights

  • 100% Occupied with rent increases.
  • 41 Diverse tenants with 29 tenants having over two years remaining on their current lease
  • Located near Chambers and Hampden in Aurora with numerous amenities and restaurants located close by
  • Large 1.62-acre site with a 4/1,000 parking ratio.
  • TPO Roof installed in 2008
  • Great opportunity to drive rents and increase NOI
  • Typical floor size of 9,852 Square Feet

Investment Overview

The Kramer Group of Marcus & Millichap is pleased to present the exclusive listing of the Girard Business Center. Built in 1985, this 4 story Class B Office is located at 15200 E Girard Ave, in Aurora Colorado, right off the corner of South Chambers Rd and E Hampden Ave with great access to South Parker Rd and I 225. The Girard Business Center is a 39,410 Gross Square foot Brick building with 38,540 Rentable Square feet, 100% occupied with a diverse mix of professional tenants. There are 29 tenants with over two years remaining on their current leases. The lobby was upgraded in 2017 with new tile, paint, recessed lighting, artwork, and suite, directory, mechanical rooms, and common area signs. Second floor common conference room recently upgraded with new LVT flooring, new paint, and new TV/Video System. Common area hallways are wood trimmed wainscoting and upgraded with new carpet and paint in 2017. Ceilings are suspended lay in-grid system throughout. The tenant spaces have carpet and VCT in kitchen areas. The Girard Business Center is a great opportunity for an investor looking for a 100% occupied Class B office building in Aurora Colorado with staggered leases, rent increases, and ability to add value driving rents.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower