6482 S Parker Rd - Freestanding FOR SALE


Aurora, CO 80016
$3,600,000 USD
949-270-8210
6482 S Parker Rd, Aurora, CO for Sale
$3,600,000 USD
Freestanding - FOR SALE
1/13
null | 5% Cap Rate

6482 S Parker Rd
Aurora, CO 80016


HIGHLIGHTS

  • Approximately 20 Years Remaining | Corporate Guaranteed Lease | Established Tenant | Scheduled Rental Increases Long-Term Occupancy for Kroger in Sho
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
  • Arapahoe Crossings (528,000 SF) | Dense Retail Corridor | Strong National/Credit Tenants | Cornerstar (584,950 SF)
  • Along Arterial Thoroughfare | East Arapahoe Rd (79,600 VPD) Within Close Proximity to Multiple Apartment Complexes

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, corporate guaranteed, Kroger Gas (dba King Soopers) investment property located in Aurora, Colorado (Denver MSA). The tenant ground-leased the site to add a fuel center to their grocery store located in the same center. Kroger has operated their King Soopers’-branded grocery store at this center for over twenty years. The addition of this fuel center demonstrates their long-term commitment to the site. The tenant, Dillon Companies LLC, has approximately 20 years remaining with 5 (5-year) options to extend. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Founded in 1883, Kroger ranks as one of the world’s largest retailers with over 1,242 stores in 34 states which generate over 121.1 billion in annual sales.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$678 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kroger Gas | New Construction

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

MU-C

APN/PARCEL ID

2073-20-3-08-008

ASK ABOUT THIS PROPERTY

Brian WolfmanSRS Real Estate PartnersMore Info
949-270-8210

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Brian WolfmanSRS Real Estate PartnersMore Info
949-270-8210

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