Abilene Market

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Blue West Capital is pleased to present the sale of Abilene Market, a 19,138 SF multi-tenant retail property located in Aurora, Colorado. The shopping center is 100% leased with a diverse mix of tenants.

Abilene Market is located at 1113 S. Abilene Street. Strategically located just off I-225 and Mississippi Avenue, the center is located in one of the busiest retail corridors’ in the City of Aurora and contains strong national tenants. The strength of this center shows in the tenure of its tenants. One Hour Optical has been on site since 1989, and Mattress Firm was not far behind signing their lease in 1997. The newest retailer on-site is Scrubs & Beyond, who signed over eight years ago in 2011.

  • 100% leased to regionally or nationally recognized corporate tenants (Verizon, Canvas Credit Union, One Hour Optical, Mattress Firm, Scrubs & Beyond)
  • Long term tenants show dedication to the location. 68% of the space has been occupied by the same tenants for over 13 years. One Hour Optical has been a tenant since 1989!
  • Quality construction and an irreplaceable location make this an attractive investment for long term ownership at a cost basis of $341 / SFExtensive capital improvements
  • More than $360,000 has been invested in the past three years: new roof, updated landscaping, exterior painting, and parking lot painting & resurfacing

OFFERING SUMMARY

Price: $6,295,000

Cap Rate: 6.57%

Year Built: 1980

Building Size: 19,138 SF

INVESTMENT CONTACT

TOM ETHINGTON – LEAD
Managing Partner
Investment Sales
720.966.1624
Tom@BlueWestCapital.com

ZACH WRIGHT
Director
Net Lease Investment Sales
720.966.1628
Zach@BlueWestCapital.com

SHAWN DICKMANN
Analyst
Investment Sales
720.828.8310
Shawn@BlueWestCapital.com

ROBERT EDWARDS
Managing Partner
Investment Sales
720.966.1630
Robert@BlueWestCapital.com

BRANDON GAYESKI
Associate
Investment Sales
720.966.1627
Brandon@BlueWestCapital.com

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2020-09-16T05:31:13-07:00
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