StorQuest (Managed) – Aurora, Colorado (Denver MSA)

Property Location

7505 South Addison Ct
Aurora, CO 80016

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investment highlights

  • EXCELLENT LOCATION // Situated on the southeast side of the E-470 loop with visibility to over 45,000 vehicles per day. Major brands such as Target, Walmart and Sam’s Club all within 1.5 miles of the property.
  • UPSIDE POTENTIAL // Opportunity to purchase a best-in-class asset at an attractive basis in a growing submarket of Denver. The next operator will be managing into a rising rental rate environment as the submarket transitions out of lease up.
  • BALANCE SUPPLY DEMAND DYNAMIC // Favorable square foot per capita of 6.3 in the three-mile trade area with no new construction planned.
  • INSTITUTIONAL QUALITY // Class “A” construction with a favorable mix of both multi-story and drive-up access with premium amenities.
  • FAVORABLE THREE MILE DEMOS // Population density of 63K people with 12 percent growth projected over the next five years. Affluent suburb with average household incomes of $171,000.

Broker Information

Adam Schlosser

Senior Managing Director

Phone: 303.328.2044
Email: aschlosser@marcusmillichap.com
License: CO FA100050407

Charles "Chico" LeClaire

Executive Managing Director

Phone: 303.328.2025
Email: cleclaire@marcusmillichap.com
License: CO EA00147681

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