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.