| Sale Price | $424,981 |
| Price Per Square Foot | $295/SF |
| Cap Rate | 7.70% |
| Net Operating Income (NOI) | $32,723.56 |
| Address | 2224 S Fraser St, Unit 6 |
| City / State / Zip | Aurora, CO 80014 |
| Property Type | Office Condo |
| Year Built | 2005 / Renovated 2019 |
| Rentable Square Footage | 1,442 SF |
| Lease Rate | $32.16 Full Service |
| Lease Term | 5 Years |
| Owner's Association | $4,468.44 |
| Taxes | $8,031.55 |
| Insurance | $1,157.00 |
| Parking | Open |
| Zoning | Commercial Condominium |
This office condominium offers a stabilized investment opportunity within the Fraser Business Park, a well-established professional enclave in Southeast Aurora.
Currently operating as the Functional Performance Center, a specialized physical therapy and rehabilitation clinic, the property benefits from a high-quality tenant build-out and a strategic location in a high-growth medical and professional corridor.
The unit offers a functional mix of four private offices, a bathroom, and a kitchenette alongside an open meeting/lobby area, with large windows providing strong natural light throughout. Ample surface parking and a quiet, well-managed business-park setting round out the offering.
Aurora, Colorado is one of the largest and fastest-growing cities in the Denver metropolitan area, located directly east of Denver. The city benefits from strong regional connectivity through major transportation corridors including Interstate 225, Interstate 70, and E-470, as well as close proximity to Denver International Airport. This accessibility provides convenient connections to major employment centers throughout the Denver metro region.
Aurora's economy is supported by a diverse mix of industries including healthcare, aerospace, defense, logistics, and professional services. Major employment hubs such as the Anschutz Medical Campus — home to the University of Colorado Hospital, Children's Hospital Colorado, and the University of Colorado School of Medicine — and Buckley Space Force Base generate significant employment and attract a skilled workforce to the area.
The city continues to experience steady population growth, driving residential development and increasing demand for retail, dining, and service-oriented businesses. Expanding commercial corridors and new mixed-use developments further strengthen Aurora's position as a dynamic and growing market within the greater Denver metropolitan area.
| Metric | 3 Miles | 5 Miles | 10 Miles |
|---|---|---|---|
| Population | 178,789 | 394,935 | 1,145,381 |
| Households | 70,081 | 154,927 | 462,171 |
| Families | 41,484 | 90,887 | 257,362 |
| Avg. Household Size | 2.53 | 2.53 | 2.45 |
| Median Age | 37.2 | 36.5 | 36.4 |
| Median HH Income | $82,712 | $83,907 | $102,644 |
| Average HH Income | $101,667 | $107,245 | $141,475 |
All figures reflect 2025 estimates by radius from the subject.
Disclaimer: The information contained in this marketing package is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Innovate Commercial Real Estate and should not be made available to any other person or entity without the written consent of Innovate Commercial Real Estate. This marketing package has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Innovate Commercial Real Estate has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant's plans or intentions to continue its occupancy of the subject property. The information contained in this marketing package has been obtained from sources we believe to be reliable; however, Innovate Commercial Real Estate has not verified, and will not verify, any of the information contained herein, nor has Innovate Commercial Real Estate conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Any rent or income information in this marketing package, with the exception of actual, historical rent collections, represent good faith projections of potential future rent only, and Innovate Commercial Real Estate makes no representations as to whether such rent may actually be attainable. Local, state, and federal laws regarding restrictions on rent increases may make these projections impossible, and Buyer and its advisors should conduct their own investigation to determine whether such rent increases are legally permitted and reasonably attainable.
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