This property features a brand-new 20-year triple net (NNN) ground lease, set to commence in 2025, with 10% rental increases every five years, ensuring attractive long-term returns. The lease includes four tenant renewal options of five years each, allowing the potential term to extend to 40 years. The tenant is backed by the Dhanani Group, one of the largest franchise operators in the U.S., overseeing more than 2,000 quick-service and convenience businesses. Their portfolio includes approximately 390 Popeyes, 554 Burger Kings, and 42 La Madeleine locations, generating over $1.7 billion in revenue as per the 2023 *Franchise Times “Restaurant 200”* list. Ranked the third-largest franchisee in America by *Multi-Unit Franchisee Magazine* in 2024.
The property is located in a prime development area of Aurora, Colorado, adjacent to Aurora Creekside—a 148-unit townhome project under construction—and surrounded by a growing retail corridor that includes McDonald’s, Dutch Bros, Murphy Oil, VASA Fitness, Holiday Inn Express, and more. With exceptional traffic counts of 38,300 vehicles per day on E Colfax Avenue and 150,000 vehicles daily on the nearby I-225 freeway, the site benefits from unparalleled visibility and exposure. Just one block from a local high school, middle school, and elementary school, the property is part of the Denver metro area, Colorado’s largest city with a population of approximately three million. Known for its booming tech sector, outdoor recreation, and vibrant cultural scene, Denver offers year-round events and a thriving market, making this property a valuable and secure investment opportunity.