{"id":3094,"date":"2025-12-11T15:44:47","date_gmt":"2025-12-11T15:44:47","guid":{"rendered":"https:\/\/www.bouldergroup.com\/blog\/?p=3094"},"modified":"2025-12-11T15:44:47","modified_gmt":"2025-12-11T15:44:47","slug":"sale-of-an-advance-auto-parts-in-denver-msa","status":"publish","type":"post","link":"https:\/\/www.bouldergroup.com\/blog\/sale-of-an-advance-auto-parts-in-denver-msa\/","title":{"rendered":"Sale of an Advance Auto Parts in Denver MSA"},"content":{"rendered":"

The Boulder Group has completed the sale of a single tenant Advance Auto Parts property located at 9200 East Colfax Avenue in Aurora, CO for $1,774,100. The Boulder Group\u2019s Brandon Wright & Zach Wright represented the purchaser in the transaction. The purchaser was an all-cash 1031 exchange investor based in New York and the seller was a family trust based in California & Idaho.<\/p>\n

The Advance Auto Parts is located at a hard corner along East Colfax Avenue (25,000+ VPD) and is positioned approximately 2.5 miles west of Anschutz Medical Campus and 6 miles east of Downtown Denver. The surrounding area is densely populated with over 173,000 people living within three.<\/p>\n

Advance Auto Parts has successfully operated at this location since 2004 and recently signed a 10-year lease extension demonstrating their commitment to the site. The lease features a rental increase in approximately one year and minimal landlord responsibilities. Advance Auto Parts is a publicly traded company (NYSE: AAP) with a $2.9 billion market capitalization.<\/p>\n

\u201cDemand for STNL properties in Colorado remains robust and we continue to see strong demand for auto parts properties. This was the 2nd<\/sup> Advance Auto Parts property in Colorado that we\u2019ve sold this Fall,\u201d said Brandon Wright, Associate.<\/p>\n

\u201cWell-located infill properties in the Denver MSA continue to be highly sought after by 1031 exchange investors nationally,\u201d added Zach Wright, Vice President.<\/p>\n

About The Boulder Group<\/u><\/strong><\/p>\n

The Boulder Group is a boutique investment real estate service firm specializing in single tenant net lease properties. The firm provides a full range of brokerage, advisory, and financing services nationwide to a substantial and diversified client base, which includes high-net-worth individuals, developers, REITs, partnerships and institutional investment funds. Founded in 1997, the firm has arranged the acquisition and disposition of over $9 billion of single tenant net lease real estate transactions. From 2013-2024, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by both Real Capital Analytics and CoStar. The Boulder Group is headquartered in suburban Chicago and has an office in Denver.<\/p>\n

For additional information, please visit www.BoulderGroup.com<\/a><\/p>\n

PR Contact<\/u><\/h1>\n

Zach Wright 720-604-2220<\/p>\n

Zach@BoulderGroup.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Boulder Group has completed the sale of a single tenant Advance Auto Parts property located at 9200 East Colfax Avenue in Aurora, CO for $1,774,100. The Boulder Group\u2019s Brandon Wright & Zach Wright represented the purchaser in the transaction. 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