Aurora Corporate Plaza

Data Room - Kenai Capital Advisors (“Kenai”), as the exclusive advisor to the seller, presents the opportunity to acquire Aurora Corporate Plaza, a 219,268 RSF office portfolio at 12100, 12200, and 12250 E. Iliff Avenue in Aurora, Colorado. This court-appointed receivership sale will be conducted through an efficient Ten-X auction process, offering investors a rare chance to acquire a well-located asset at a significant discount to replacement cost.

Zoned MU-OI (Mixed-Use Office Institutional), the property presents strong redevelopment potential for multifamily, mixed-use, or office projects. Existing civil infrastructure reduces development timelines and costs, making this an ideal opportunity for developers looking to bring new residential or mixed-use projects to a well-connected corridor.
The property currently generates income from in-place tenants and cell tower leases, providing immediate cash flow to help offset operational expenses. This dual-income structure supports both short-term investors seeking a value-add repositioning strategy and long-term holders focused on stable returns. Additionally, the favorable basis allows landlords to attract tenants with competitive lease rates, offering high-quality office space at pricing that outperforms newer, more expensive alternatives.

Strategically located, Aurora Corporate Plaza offers direct access to I-225, I-70, and E-470, with proximity to RTD light rail and bus stations ensuring strong commuter access. The surrounding area is home to major employment centers, including Anschutz Medical Campus, Buckley Space Force Base, and the Denver Tech Center, which drive demand for office and multifamily use. Nearby retail, dining, and entertainment amenities, such as The Gardens on Havana and Town Center at Aurora, enhance the property’s appeal for businesses and residents alike.

This highly accessible, value-driven investment is favorably priced and well beneath the cost of new construction, reinforcing the long-term upside in an evolving office market.