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Tower Business Center - Building 2

Off-Market

18901 East 38th Avenue, Aurora, CO 80011

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 133,848 Sqft
  • Lot Size 9.63 Acre
  • Parking Spaces Avail. 164
  • Parking Ratio 1.23/ 1,000 SF
  • Property Tenancy Vacant
  • Building Class A
  • Year Built 2020

Location

  • City Aurora, CO
  • Neighborhood Northeast Aurora
  • Zip Code 80011
  • Market Denver

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 09 Feb, 2021
  • 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 (Sqft) 117,000

Aurora Office Sales Trends

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

  • 2020 Avg. Price per Sqft $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 2020 $488,647
  • Market Value $12,121,620
  • Assessed Value $12,121,620

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

Frequently Asked Questions

What is the total square footage of Tower Business Center - Building 2?

Tower Business Center - Building 2 totals 133,848 square feet.

When was this property built?

Tower Business Center - Building 2 was built in 2020.

When was Tower Business Center - Building 2 last sold?

Tower Business Center - Building 2 was last sold on 09 Feb, 2021.

What is the property tax for Tower Business Center - Building 2?

The property tax for Tower Business Center - Building 2 in 2020 was $488,647.

What is the market value for Tower Business Center - Building 2?

The market value for Tower Business Center - Building 2 in 2020 was $12,121,620.

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