Aurora Office Value-Add Investment Overview
Property: 13900 E. Harvard Avenue, Aurora, CO
Avant Group identified this vacant owner-user office building as an exceptional value-add investment opportunity in Southeast Aurora. Having recently undergone significant capital improvements by the previous owner, the property provided investors with the opportunity to acquire a well-maintained asset and rapidly increase value through strategic leasing and repositioning.
In addition to identifying the acquisition opportunity, Avant Group introduced the financing source that helped facilitate the purchase and then implemented an aggressive leasing strategy focused on attracting office users throughout the Southeast Denver market.
Within approximately three months following the acquisition, the property was nearly 85% leased, significantly increasing net operating income and resulting in an approximately 16.50% in-place capitalization rate based on the owner's investment basis.
Investment Highlights
76,780 SF multi-tenant office building
Vacant owner-user acquisition
Recently renovated prior to acquisition
Financing source introduced by Avant Group
Strategic value-add investment opportunity
Nearly 85% leased within approximately 3 months
Approximately 16.50% in-place capitalization rate
Located in the Southeast Aurora office market
Aurora Office Acquisition & Lease-Up Success Story
Transforming a Vacant Office Building into a Stabilized, Income-Producing Investment Through Strategic Acquisition, Financing, and Leasing
Property Overview
Property: 13900 E. Harvard Avenue, Aurora, Colorado
Property Type: Multi-Tenant Office Investment
Building Size: 76,780 Square Feet
The Opportunity
A local commercial real estate investor partnered with Jason Ruscio and Avant Group to identify a high-quality office investment with significant value-add potential.
Avant Group identified a vacant owner-user office building in Southeast Aurora that had recently undergone substantial capital improvements by the previous owner. Although the property generated little to no in-place income at the time of acquisition, its recent renovations, strategic location, and flexible floor plan created an exceptional opportunity to reposition the asset through strategic leasing.
In addition to identifying the investment opportunity, Avant Group introduced the financing source that helped secure the acquisition, providing value throughout both the acquisition and financing process.
Strategic Acquisition
Recognizing strong demand for quality office space in the Southeast Aurora market, Avant Group successfully negotiated the acquisition of the approximately 76,780-square-foot office building for $4,250,000, or approximately $55.35 per square foot.
The investment strategy focused on transforming a vacant building into a stabilized, income-producing office investment by implementing an aggressive leasing campaign designed to maximize occupancy and long-term cash flow.
Value Creation Through Leasing
Immediately following the acquisition, Avant Group launched an aggressive leasing strategy targeting professional office users, medical practices, and growing businesses seeking high-quality office space in the Aurora market.
Working closely with ownership, Avant Group successfully marketed the property, negotiated new leases, and repositioned the building within the marketplace.
Within approximately three months following the acquisition, the property was nearly 85% leased, demonstrating strong market demand and the successful execution of the leasing strategy.
The significant increase in occupancy and net operating income resulted in the property achieving an approximately 16.50% in-place capitalization rate based on the owner's investment basis, transforming the asset into a stabilized, income-producing investment.
Results
Through strategic acquisition, financing coordination, and proactive leasing, Avant Group successfully transformed a vacant office building into a high-performing commercial real estate investment.
Within approximately three months, Avant Group:
Successfully leased the property to nearly 85% occupancy
Attracted a diverse mix of professional office tenants
Significantly increased the property's net operating income
Achieved an approximately 16.50% in-place capitalization rate
Successfully repositioned the asset into a stabilized, income-producing office investment
Project Highlights
Property: 13900 E. Harvard Avenue, Aurora, Colorado
Property Type: Multi-Tenant Office Building
Building Size: 76,780 SF
Purchase Price: $4,250,000
Purchase Price Per SF: Approximately $55.35
Building Status at Acquisition: Vacant Owner-User Building with Minimal In-Place Income
Occupancy Approximately Three Months After Acquisition: Nearly 85% Leased
Current In-Place Capitalization Rate: Approximately 16.50%
Avant Group's Role: Opportunity Identification • Buyer Representation • Financing Introduction • Office Leasing • Asset Repositioning
Why This Project Was Successful
This transaction demonstrates Avant Group's ability to identify overlooked commercial real estate opportunities and guide investors through every stage of the investment process—from sourcing acquisition opportunities and introducing financing relationships to executing strategic leasing initiatives that maximize occupancy and improve property performance.
By combining market knowledge, investment expertise, financing relationships, and proactive leasing strategies, Avant Group successfully transformed a vacant office building into a stabilized, income-producing investment within a short period of ownership.
Whether you're searching for a vacant office building, a value-add commercial real estate opportunity, or an investment with significant leasing upside, Avant Group provides the acquisition expertise, leasing experience, and strategic guidance to help investors maximize the long-term value of commercial real estate throughout Colorado.