2020 E Bridge St - Fast Food FOR SALE


Brighton, CO 80601
$1,200,000 USD
720-528-6308
2020 E Bridge St, Brighton, CO for Sale
$1,200,000 USD
Fast Food - FOR SALE
1/5
null | 6.9% Cap Rate

2020 E Bridge St
Brighton, CO 80601


HIGHLIGHTS

  • Irreplaceable location in dense retail trade area with a population of 44,594 within 3 miles
  • Initial Lease Expiration March 2029 with one 3-year renewal option
  • 2,360-square foot freestanding retail facility with a drive thru

OVERVIEW

CBRE, Inc. is pleased to exclusively offer a single-tenant Taco Palace located in central Brighton, Colorado (Northeast Denver MSA). The offering is inclusive of a triple-net lease with an existing lease expiration of March 2029 that features annual rent increases in addition to one 3-year renewal option. The Offering features a 2,360-square foot freestanding retail facility with a drive thru. The Property is positioned along East Bridge Street, a major East-West corridor through the central core of Brighton, Colorado. The location benefits from entrances off of both East Bridge Street and South 20th Avenue with drive by exposure of over 21,856 vehicles per day. The surrounding trade area is primarily built out creating high barriers to entry for competing retailers. Taco Palace is being offered free and clear of existing debt on an “As-Is/Where Is” basis.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$508 USD /SF

CAP RATE

6.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

N/Av, Brighton

APN/PARCEL ID

1569-08-1-20-001

ASK ABOUT THIS PROPERTY

Matt HenrichsCBRE, Inc.More Info
720-528-6308

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

Matt HenrichsCBRE, Inc.More Info
720-528-6308

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