5101 Quebec St - Truck Stop FOR SALE


Commerce City, CO 80022
$35,050,000 USD
720-528-6308
5101 Quebec St, Commerce City, CO for Sale
$35,050,000 USD
Truck Stop - FOR SALE
1/5
null | 5.5% Cap Rate

5101 Quebec St
Commerce City, CO 80022


HIGHLIGHTS

  • TravelCenters of America has successfully operated at this location for over 25 years!
  • Absolute NNN Ground Lease with a current lease expiration of January 2029 and two automatic 5-year extension options remaining
  • 27-acre site with advantageous zoning classification for future use (light industrial)
  • Strong credit backed tenancy with the ground lease with an investment grade credit rating guarantee by BP PLC (S&P: A-)

OVERVIEW

CBRE is pleased to exclusively offer a 27-acre, single-tenant, absolute NNN ground lease TravelCenters of America truck stop (“The Property” or “TA”) located in Commerce City, Colorado (Denver MSA). The offering features 4.5 years remaining on the lease term plus two, 5-year automatic renewal options that include 15% rental increases each term. The Property features a 19,000-square foot freestanding travel center built exclusively for TravelCenters of America and includes three (3) restaurants, two (2) retail stores and a lounge area. TA also includes a 9,000-square foot truck repair garage, fueling facilities and extensive parking. The Property is positioned along Quebec Street just off of I-270, a major industrial trucking transit corridor in the Denver MSA with drive by exposure of over 99,000 vehicles per day, and sits 8 miles northeast of Downtown Denver. In addition to the structures, the site is zoned I-1 and has extensive trailer parking and visibility making this site irreplaceable given its central Denver location. TravelCenters of America - Commerce City, Co is being offered free and clear of existing debt on an “As-Is/Where Is” basis.

FOR SALE DETAILS

PRICE

$35,050,000 USD

PRICE/SF

$1,143 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

TravelCenters of America

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Truck Stop

ADD'L SUBTYPES

Convenience Store, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

404

LAND DETAILS

LAND ACRES

26.49 AC

LAND SF

1,153,904 SF

ZONING

-

APN/PARCEL ID

1823-17-1-07-020

ASK ABOUT THIS PROPERTY

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

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

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