Aurora, Colorado, is an attractive destination for investors seeking to capitalize on the city's growing retail market. With 34 retail properties for sale, Aurora offers a diverse range of investment opportunities. Retail properties in Aurora can represent a variety of investments, from strip centers and shopping malls to freestanding buildings and restaurants. These properties often attract a steady stream of customers, thanks to their convenient locations and easy accessibility. Aurora's strong infrastructure, including its well-maintained roads and public transportation system, makes it an ideal location for retail businesses. The city is also home to several major employers, including Lockheed Martin Corporation, Staples Inc., and United Natural Foods, which helps drive foot traffic and support local businesses. Additionally, Aurora's proximity to Denver International Airport and its growing aerotropolis make it an attractive location for businesses that rely on air travel and cargo transport. The city's many amenities, such as the University of Colorado Hospital and Children's Hospital at the Anschutz Medical Campus, as well as its over 100 parks and six municipal golf courses, also contribute to its appeal.
Aurora's retail properties offer investors a unique opportunity to tap into the city's growing economy. With its diverse range of industries, including defense, retail, healthcare, security, relocation services, and education, Aurora provides a stable and growing market for retail businesses. In addition to its strong retail market, Aurora is also home to a variety of other property types, including shopping centers, restaurants, office properties, and hotels. The city's shopping centers, such as the Town Center at Aurora, offer a convenient and accessible location for retailers. Its restaurants, like those found in the Stanley Marketplace, provide a unique dining experience for residents and visitors alike. Office properties, such as those found in the Aurora Highlands, offer a professional and convenient location for businesses. And, with its many hotels, including the Hyatt Regency Aurora, the city provides a comfortable and convenient place for visitors to stay. Overall, Aurora's retail properties offer investors a unique opportunity to capitalize on the city's growing economy and diverse range of industries.
What is the average cap rate for retail properties in Aurora?
For investors seeking retail properties in Aurora, understanding the average cap rate is crucial. According to current listings, the average cap rate for retail properties in Aurora is 7.41%, which is essential to know when evaluating potential investments, and to learn more about this key metric, check out our article on what is a cap rate.
How do location and foot traffic affect retail property values?
In Aurora, Colorado, the location and foot traffic of retail properties play a significant role in determining their values. Properties situated in high-traffic areas, such as those near major transportation hubs like Interstate 70, Interstate 225, and the E-470 beltway, or in close proximity to popular amenities like the Anschutz Medical Campus, tend to command higher prices due to their increased visibility and accessibility, with an average price per square foot of $308 USD and an average size of 21,182 square feet.
