Aurora City Square 13801-14157 E Exposition Ave

Quantum Real Estate Advisors, Inc. (“QREA”) is pleased to present Aurora City Square, a 141,942 square foot shopping center located at 13801-14157 E Exposition Ave., Aurora, CO. Aurora City Square sits on approximately 12.50 acres of land and features an abundance of parking, creating a potential opportunity for out-lot developments.
The property is currently 95% leased, with a value-add component, to a mix of national and local retailers that are mostly signed to net leases. The vacant suite (6,600 SF) creates an opportunity to increase net operating income while having stable cash flow. Additionally, the center is being offered well below replacement cost ($130/SF). The property sits directly South of Town Center at Aurora, a regional shopping mall that features over 500,000 square feet and is 100% leased. The Town Center features anchor tenants, such as JC Penny, Dillards, Macy’s, and over 130 other national and local tenants and restaurants.
The asset has over 550 feet of highway visibility and is conveniently located just off Interstate 225 which sees over 175,000 VPD. The property is also situated 15 minutes from bustling Downtown Denver. Benefiting from strong demographics, the average household income is more than $84,600 within a 3-mile radius of the property. The property additionally benefits from a densely populated area with over 415,000 residents within a 5-mile radius.