18900 Lincoln Ave - Convenience Store FOR SALE


Parker, CO 80134
$2,273,000 USD
513-300-0763
18900 Lincoln Ave, Parker, CO for Sale
$2,273,000 USD
Convenience Store - FOR SALE
1/10
null | 5.5% Cap Rate

18900 Lincoln Ave
Parker, CO 80134


HIGHLIGHTS

  • Brand new 20-year Absolute NNN Ground lease (conveying ownership - underlying ground only) with attractive 7.50% rental escalations every 5 years!
  • Rocky Mountain Custard, LLC owns & operates 6 locations (including Parker, CO) - Personally Guaranteed by 5 individuals with extremely high net worth!
  • New, build-to-suit construction of Andy's Frozen Custard newest prototype with a 9-car stack drive-thru - slated to open March 2025 (est. - under cons
  • Positioned on a ±0.92-acre lot , with excellent visibility/access on Lincoln Ave, just off a signalized, hard corner with traffic counts of 34,856 CPD
  • Historic Annual Growth: (2010-2020)
  • 3.5% Average Household Income: $176,007

OVERVIEW

Introducing a lucrative investment opportunity in Denver MSA! The BRAND NEW 20-YEAR ABSOLUTE NNN GROUND LEASE at 18900 East Lincoln Avenue, Parker, Colorado 80134, offers a stable income stream with rental escalations every 5 years, boasting a solid 7.50% return. The property ownership conveys brand-new ground lease with Rocky Mountain Custard, LLC as the tenant, operating multiple locations, including one in Parker, CO. This attractive NNN lease features a 20-year term and is an ideal investment with high-net-worth individuals as guarantors. The property is surrounded by reputable businesses and enjoys a prime location within the vibrant community. With ownership of the underlying ground lease, this opportunity presents a secure, low-maintenance option for savvy investors looking to capitalize on the thriving real estate market in the Denver area. Don't miss out on this turnkey investment with a reliable tenant in a high-growth market. Invest in success with the BRAND NEW NNN Ground Lease in Parker, Colorado!

FOR SALE DETAILS

PRICE

$2,273,000 USD

PRICE/SF

$1,087 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Andy's Frozen Custard

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

PD

APN/PARCEL ID

2233-152-00-075

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Brian BrockmanBang RealtyMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.