City Center Marketplace

402 South Chambers Road, Aurora, CO 80017

Off-Market

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  • Property Type Retail - Community Center
  • Property Size 230,375 SF
  • Lot Size 19.03 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1985

Location

  • Walk Score ® Car-Dependent (49)
  • Transit Score ® Good Transit (51)
  • Bike Score ® Bikeable (64)
Powered by Walk Score ®
  • City Aurora, CO
  • Neighborhood Centre Pointe
  • Zip Code 80017
  • Market Denver

Points of Interest

Transportation

40th & Airport/Gateway Park

4.49 miles

Peoria

4.76 miles

Southmoor

7.03 miles

Belleview

7.51 miles

University of Denver

8.47 miles

Arapahoe at Village Center

8.53 miles

40th & Colorado

8.61 miles

30th & Downing

9.51 miles

27th & Welton

9.61 miles

Alameda

9.84 miles

Fuel station

GE WattStation

1.47 miles

Shell

1.65 miles

SemaCharge

2.17 miles

SemaCharge

2.21 miles

eVgo

3.06 miles

Exxon

3.13 miles

Sinclair

4.85 miles

7-Eleven

5.27 miles

7-Eleven

5.35 miles

eVgo

5.56 miles

Parking

Handicapped

0.98 miles

Montbello Park 'n' Ride

5.54 miles

Prairie Loop

5.84 miles

KC Plaza Parking Only

7.06 miles

Belleview Park & Ride

7.57 miles

Handicapped

7.85 miles

Lot B

8.08 miles

Humboldt Garage

9.05 miles

John Holly's

9.10 miles

Swedish MC

9.93 miles

Restaurants

KFC

0.74 miles

Center Court

0.82 miles

Food Court

0.84 miles

La Esquina del Sabor

2.27 miles

Yong Gung

3.58 miles

Taco Bell

3.70 miles

Casablanca

3.70 miles

Hooters

3.92 miles

Garibaldi

4.32 miles

Subway

4.50 miles

Stores

Dillard's

0.78 miles

Aurora Mall

0.82 miles

Safeway

1.32 miles

Burlington

1.32 miles

Base Exchange/Commissary

1.73 miles

King Soopers

2.42 miles

Kohl's

3.08 miles

Ross

3.87 miles

TJ Maxx

3.95 miles

Edris International Market

3.96 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 04 Aug, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Aurora

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Aurora Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $21.30
  • 2020 Office Vacancy Rate 10.07%
  • 2020 Office Completions (SF) 117,000

Aurora Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $94.05
  • Y-o-Y Avg. PpSF Change -48.36%
  • 2020 Office Sales Volume $18.1M
  • 2020 Number of Transactions 3
View more Aurora market trends

Tax

  • Property Tax in 2021-2022 $613,235
  • Market Value* $20,988,000
  • Assessed Value $20,988,000

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of City Center Marketplace?

City Center Marketplace totals 230,375 square feet.

When was this property built?

City Center Marketplace was built in 1985.

When was City Center Marketplace last sold?

City Center Marketplace was last sold on 04 Aug, 2015.

What is the property tax for City Center Marketplace?

The property tax for City Center Marketplace in 2021-2022 was $613,235.

What is the market value for City Center Marketplace?

The market value* for City Center Marketplace in 2021-2022 was $20,988,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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