Interstate 225 Cash Flow Redevelopment 13801 E Mississippi Ave

Lee & Associates Arizona (“Broker”) is pleased to present the opportunity to purchase a Best Buy in Aurora, Colorado. The property consists of a ±45,000 square foot retail property (the “Property”). The offering is 100% leased to Best Buy under a NNN basis with no landlord responsibilities. The lease was originally executed in October of 1994 and a current expiration date of October 21, 2029. The tenant has no renewal options remaining in their lease allowing a developer or entrepreneurial investor countless opportunities while enjoying a cash flow of $603,000/year via the existing lease agreement with Best Buy. With over 500 feet of frontage along a major east/west arterial that bisects Aurora and Denver to the west, Mississippi Avenue has in excess of 55,000 vehicles per day passing in front of the property.
The site is immediately adjacent to Interstate 225 with over 150,000 vehicles per day, as well as the RTD light rail system that runs directly to the west of the property. The 3.93 acre site sits at the entrance to a high concentration of retail vendors in Aurora including Home Depot, Sam’s Club, Walmart, UPS, T-Mobile, Verizon, Chick-fil-A, Dillards, TGI Fridays, US Bank, Hobby Lobby and more. Several retailers have entered the submarket over the past several years including In-N-Out Burgers, who opened their first Colorado location in 2020 approximately 1.2 miles north of the subject property and a Starbucks, adjacent to the property, which opened in 2016.