9131 East Colfax Avenue

Aurora, CO 80010

Listing ID: 259431

$1,254,080

For Sale

Property Type Retail for Sale : Shopping Center
Lot Size Acres 0.500
Building Sq Ft 10,216
Building Price per Sq Ft $122.76
Land Sq Ft 21,780
Land Price per Sq Ft $57.58

9131 East Colfax Avenue | for Sale | Thumbnail 2

9131 East Colfax Avenue | for Sale | Thumbnail 3

Description

A corporate-leased, single-tenant Family Dollar in Aurora, which borders Denver, Colorado.
The building is prominently positioned on a hard corner on E. Colfax, a well-known commercial corridor in the Denver MSA, with traffic counts exceeding 32,000 VPD.
The property benefits from surrounding retail including Advanced Auto Parts, Wells Fargo, T-Mobile and three hotels, all within a 2-block radius. Additionally, Family Dollar/Aurora is located 30 minutes from the Denver Int’l Airport, and within close proximity to the newly developed Stanley Marketplace, an open-air market that attracts shoppers from the entire Denver MSA. The population surrounding this Family Dollar is incredibly dense, with more than 450,000 people within a 5-mile radius.
This asset is surrounded by Family Dollar’s target demographic and is aided by gentrification shifting east to Aurora and south from the Stanley Marketplace, making it a rare single-tenant opportunity. Family Dollar pays $6.85/sq. ft. for the 10,216 sq. ft. space. The $1,254,154 price is far below the replacement cost to build another similarly sized location along E. Colfax Avenue.

Attachments & Files

family-dollar-auroraco-Roj-ojT.pdf

Listing Demographics for 9131 East Colfax Avenue Aurora, CO 80010

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		27,160	163,984	447,318
Population Median Age		32	36	36
Population by Age	0-9 Yrs	4274 (15%)	22966 (14%)	59845 (13%)
	10-19 Yrs	4073 (14%)	19149 (11%)	50373 (11%)
	20-29 Yrs	4593 (16%)	24184 (14%)	74930 (16%)
	30-39 Yrs	4974 (18%)	28729 (17%)	81283 (18%)
	40-49 Yrs	3740 (13%)	24839 (15%)	61875 (13%)
	50-59 Yrs	2741 (10%)	17387 (10%)	47207 (10%)
	60-69 Yrs	1736 (6%)	13764 (8%)	38877 (8%)
	70+ Yrs	1030 (3%)	12965 (7%)	32929 (7%)

Median HH Income		$44,599	$61,945	$61,951
Total Household Income	< 24K	2493 (26%)	11540 (18%)	30524 (17%)
	25-49K	2775 (29%)	14543 (22%)	40798 (22%)
	50-74K	1628 (17%)	10470 (16%)	32089 (18%)
	75-99K	1360 (14%)	7430 (11%)	22447 (12%)
	100-199K	1046 (10%)	13109 (20%)	36048 (20%)
	200K+	231 (2%)	6397 (10%)	15995 (8%)

Highest Education Level	No Diploma	4039	15074	40687
	Diploma or GED	4764	23235	62041
	Some College	3109	19169	53522
	Assoc. Degree	997	7222	20165
	Bachelors Degree	2294	25861	78320
	Higher Degree	1375	21176	54182

Total Housing Units		10,193	67,198	188,992
--Owner-Occupied		3,352	32,952	85,536
--Renter-Occupied		6,181	30,538	92,365
Owner-Occupied Values	< 100K	180	1171	4065
	100-199K	849	5087	12614
	200-299K	1045	6794	19348
	300-399K	745	5218	14533
	400-499K	169	3939	9855
	500K+	363	10742	25121

Total Working Age Population		20,377	128,223	354,559
In Work Force		14,407	89,054	253,936
Not In Work Force		5,970	39,169	100,624
Workforce Employed		13,370	84,337	242,229
Workforce Unemployed		1,031	4,534	11,301
Civlian Workforce		14,400	88,871	253,530
Military Workforce		6	183	406

Total Households		9,533	63,490	177,901
Family Households		5,512	35,372	95,328
Non-Family Households		4,021	28,118	82,573
Married Couple		3,070	24,206	63,866
Other Family		2,442	11,166	31,462
Married w/Child		1,760	12,602	30,347
Single Male w/Child		306	1,505	4,399
Single Female w/Child		1,041	4,280	12,086

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Colorado	4,301,261	+17	5,029,196	+16	5,838,181	+15	6,733,658
Adams County	363,857	+21	441,603	+20	530,680	+21	642,318
Arapahoe County	487,967	+17	572,003	+16	662,304	+13	750,773
Denver County	554,636	+8	600,158	+23	738,611	+12	827,681

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views

Other Retail Space Listings for Sale Nearby

Address	Price	Sq Ft	Acres
2302 Dayton Street, Aurora, CO	$1,050,000	5007	0.29
6700 East Colfax Avenue, Denver, CO	$1,650,000	7443	0.45
1527 Peoria Street, Aurora, CO	$1,150,000	1324	0.5
3596 Moline Street, Aurora, CO	CALL	3000	2
4900 East Colfax Avenue, Denver, CO	$2,270,000	9635	0.42
2870 Colorado Boulevard, Denver, CO	$1,750,000	3300	0.41
333 South Colorado Boulevard, Denver, CO	$1,415,000	1980	0.08
2344 East Colfax Avenue, Denver, CO	$1,835,000	2440	0.22
1630 Laredo Street, Aurora, CO	$4,835,000	5252	1.36
2120 South Holly Street, Denver, CO	$2,600,000	11895	0.94

Closest Commercial Airports

Airport	Distance (mi)
Denver International Airport (DEN)	14
Albuquerque International Sunport / Kirtland Air Force Base (ABQ)	338
Rick Husband Amarillo International Airport (AMA)	358