500 S Airport Blvd - Fast Food FOR SALE


Aurora, CO 80017
$3,446,019 USD
310-909-2374
500 S Airport Blvd, Aurora, CO for Sale
$3,446,019 USD
Fast Food - FOR SALE
1/3
null | 5.08% Cap Rate

500 S Airport Blvd
Aurora, CO 80017


HIGHLIGHTS

  • New 20-Year Triple Net (NNN) Ground Lease with Zero Landlord Responsibilities | Attractive Rental Increases | 2% Annually, Including Option Periods
  • Located in a Development Epicenter of Aurora Adjacent to Buckley Yard, an Upcoming 295-Unit Residential Master Planned Community Development
  • Aurora Is the 3rd Most Populous City in Colorado | Exceptional Traffic Counts - S Airport Blvd: ±49,962 Cars/Day & E Alameda Pkwy: ±32,117 Cars/Day
  • Part of the Denver MSA (±3 Million Population), Aurora is Thriving Center for Outdoor Recreation, Tech Innovation, and Sustainable Development
  • The Dhanani Group Controls 2,000+ QSR and Convenience Businesses Including Approximately 390 Popeyes, 554 Burger Kings, and 42 La Madeleines

OVERVIEW

We are pleased to offer an attractive investment opportunity with a new 20-year Triple Net (NNN) ground lease, featuring zero landlord responsibilities. This lease structure includes annual rental increases of 2%, extending into the option periods, and provides four renewal periods of five years each, potentially extending the lease term to a remarkable 40 years. The Dhanani Group, a prominent player in the quick-service restaurant (QSR) sector, operates over 2,000 businesses, including approximately 390 Popeyes, 554 Burger Kings, and 42 La Madeleines. With total revenue exceeding $1.7 billion, the group has been recognized as the third-largest franchisee in America, highlighting its strong market presence and stability. Strategically located in Aurora, a development epicenter adjacent to Buckley Yard—an upcoming master-planned community of 295 residential units—the site benefits from a dense retail, industrial, and military node. Surrounding tenants include major players such as Raytheon, Amazon, and McDonald’s, contributing to exceptional traffic counts of approximately 49,962 cars per day on S Airport Blvd and 32,117 cars per day on E Alameda Pkwy. As the third most populous city in Colorado and part of the thriving Denver metropolitan area, Aurora is recognized for its outdoor recreation, tech innovation, and strong community culture, making this ground lease an exceptional opportunity for investors seeking long-term growth in a dynamic market.

FOR SALE DETAILS

PRICE

$3,446,019 USD

PRICE/SF

$1,500 USD /SF

CAP RATE

5.08%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes | 19.5 YR NNN Lease | Aurora, CO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

-

APN/PARCEL ID

1975-16-2-19-002

ASK ABOUT THIS PROPERTY

Tyler BindiMarcus & MillichapMore Info
310-909-2374

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Tyler BindiMarcus & MillichapMore Info
310-909-2374

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