12011 E Iliff Ave Local commercial 1 025 m² À vendre Aurora, CO 80014 5 618 993 € (5 481,45 €/m²)

LEASE /TENANT
• Walgreens Co. (NASDAQ: “WBA”) is rated “BBB-” investment grade by Standard & Poor’s – over $139.08 billion in annual revenue and market cap of $22.65 billion as of December 2023
• Reported Sales in Excess of $3M - Top performing pharmacy with store sales well above national average. Please inquire with the Broker for more details
• Absolute NNN Lease Structure – Zero landlord responsibilities for operating or capital expenses
• Corporate Backed Long-Term Lease – Walgreens Co. signed a 25-year lease, which commenced in 2007, leaving approximately 7.5 years remaining on the initial lease term
• Strategic Relocation Store with Long-Term Historical Tenancy – Walgreens relocated to the subject property in 2007 to fit a larger prototype store due to strong performance and has successfully operated at the subject property for almost two decades
• Walgreens is ranked #18 on the 2023 Fortune 500 list – over 9,000 stores and 258,500 employees operating in all 50 states REAL ESTATE /AREA STRENGTHS
REAL ESTATE /AREA STRENGTHS
• Strategically Located at the Signalized Hard Corner along the area’s main retail and traffic corridor - excellent exposure at the intersection of South Peoria Street and East Iliff Avenue with combined daily traffic counts in excess of 69,002 vehicles
• Easily accessible via Interstate-225 – subject property is located less than one mile west from Interstate-225 (152,000 VPD), a major north/south artery connecting Aurora with the greater Denver MSA
• Prominent Retail Location with High Barriers to Entry - this highly desirable and infill submarket consists of 2.2M SF of retail boasting a 3.7% vacancy rate as of Q3 2023 (costar). Traffic generators in the immediate area include Costco Wholesale, Safeway, Lowe’s, Home Improvement, Home Depot, Best Buy, Sam’s Club, and many others.
• Nearest Walgreens (and National Pharmacy Chain) to Medical Center of Aurora – the largest health care system in the metro area, consisting of 346 beds, eighteen buildings, more than 1,200 employees, and spanning over 43 acres
• Near Havana Retail District – less than one mile east of the Havana Retail District, which is Aurora’s strongest retail corridor
• Close proximity to The Gardens on Havana – a premier 496,647 SF open-air collection of large format retail located in central Aurora anchored by a high-performing Target. Additional traffic generators in the center include Kohl’s, Dick’s Sporting Goods, Sprouts, Office Depot and many others.
• Ideally Located Next to Buckley Air Force Base – Aurora’s largest employer with over 12,400 employees, spanning over 3,328 acres and an annual impact of more than $1.38 billion to the local economy in 2022
• Densely Populated Area with Strong Forecasted Growth – over 169,200 residents within a 3-mile radius, which includes 79,632 housing units providing for a direct residential consumer base. The subject area boasts a 3% vacancy rate for residential exemplifying the strength of the market.