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Girard Business Center 15200 E Girard Ave
38,855 SF Vacant Office Building Aurora, CO 80014 For Sale 9.99% Net Initial Yield
Investment Highlights
- Contact Chadd for Price and Offering Memorandum
- Smaller Suites Fills a Void in This Market.
- 15.19% Cash on Cash Return
- 90% Occupied with Rent Increases
- 39 Diverse Tenants
Executive Summary
The Kramer Group of Marcus & Millichap is pleased to present the exclusive listing of the Girard Business Center. Built in 1985, this 4 story Class B Office is located at 15200 E Girard Ave, in Aurora Colorado, right off the corner of South Chambers Rd and E Hampden Ave with great access to South Parker Rd and I 225. The Girard Business Center is a 39,410 Gross Square foot Brick building with 38,855 Rentable Square feet, 90% occupied with a diverse mix of professional tenants. There are 10 tenants with over two years remaining on their current leases. The lobby was upgraded in 2017 with new tile, paint, recessed lighting, artwork, and suite, directory, mechanical rooms, and common area signs. Second floor common conference room recently upgraded with new LVT flooring, new paint, and new TV/Video System. Common area hallways are wood trimmed wainscoting and upgraded with carpet and paint in 2017. Ceilings are suspended lay in-grid system throughout. The tenant spaces have carpet and VCT in kitchen areas. The Girard Business Center is a great opportunity for an investor looking for a 90% occupied Class B office
building in Aurora Colorado with staggered leases, rent increases, and ability to add value driving rents.
Property Facts
Amenities
- Conferencing Facility
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Fl-Ste 1100
- 829 SF
- Office
- -
- Now
- 1st Fl-Ste 1600
- 985 SF
- Office
- -
- Now
Small executive office with 2 large private offices, a storage/IT room and a small reception area. Available now!
This medium-sized corner office boasts 5 private offices, a large conference room, a sizeable central open area for cubicles or workstations, a space for storage or an additional office, and a secure storage room in office 1.
This corner office features 5 private offices, a medium-sized open area for work stations or break area, as well as a kitchenette and a reception area. Available 4/1/2024!
Highly desired executive office space with a reception area, two large windows, and a private office.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 1100 | 829 SF | Office | - | Now |
| 1st Fl-Ste 1600 | 985 SF | Office | - | Now |
| 2nd Fl-Ste 2150 | 588 SF | Office | Full Build-Out | 60 Days |
| 3rd Fl-Ste 3000 | 3,000 SF | Office | Full Build-Out | 60 Days |
| 3rd Fl-Ste 3050 | 1,574 SF | Office | Full Build-Out | Now |
| 4th Fl-Ste 4700 | 607-1,777 SF | Office | Full Build-Out | Feb 2025 |
1st Fl-Ste 1100
| Size |
| 829 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 1600
| Size |
| 985 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 2150
| Size |
| 588 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 60 Days |
3rd Fl-Ste 3000
| Size |
| 3,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 60 Days |
3rd Fl-Ste 3050
| Size |
| 1,574 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
4th Fl-Ste 4700
| Size |
| 607-1,777 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Feb 2025 |
2nd Fl-Ste 2150
| Size | 588 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 60 Days |
Small executive office with 2 large private offices, a storage/IT room and a small reception area. Available now!
3rd Fl-Ste 3000
| Size | 3,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 60 Days |
This medium-sized corner office boasts 5 private offices, a large conference room, a sizeable central open area for cubicles or workstations, a space for storage or an additional office, and a secure storage room in office 1.
3rd Fl-Ste 3050
| Size | 1,574 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This corner office features 5 private offices, a medium-sized open area for work stations or break area, as well as a kitchenette and a reception area. Available 4/1/2024!
4th Fl-Ste 4700
| Size | 607-1,777 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Feb 2025 |
Highly desired executive office space with a reception area, two large windows, and a private office.
PROPERTY TAXES
| Parcel Number | 1975-31-4-40-001 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £475,683 |
PROPERTY TAXES
Presented by
Girard Business Center | 15200 E Girard Ave
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