8775 Washington St - Fast Food FOR SALE


Thornton, CO 80229
$2,091,000 USD
415-971-4347
8775 Washington St, Thornton, CO for Sale
$2,091,000 USD
Fast Food - FOR SALE
1/6
null | 5.45% Cap Rate

8775 Washington St
Thornton, CO 80229


HIGHLIGHTS

  • A single-tenant Dunkin’ located in Thornton, which is less than 10 miles north of downtown Denver
  • Leased to Sizzling Donuts, LLC featuring a corporate guaranty from Sizzling Platter, LLC - a large and experienced multi-brand franchisee with over 75
  • The tenant has operated at this location for 11 years; early 10-year lease extension in 2020, showing a commitment to this site
  • 10% rental increases at the start of each Option; absolute NNN lease structure
  • According to Placer.ai, the subject property ranks in the 93rd percentile in terms of annual foot traffic across all Dunkin’ locations in Colorado
  • Well-located along Washington Street, a busy north-south road that has high traffic counts of over 30,000 vehicles per day

OVERVIEW

Dunkin’ has operated at the subject property for 11 years, and recently executed an early 10-year lease extension. This Thornton, CO, Dunkin’ features an absolute NNN lease structure, as well as a corporate lease guaranty with Sizzling Platter, LLC, an established franchisee with over 750 locations nationwide across 8 brands. The attractive, well located subject property is equipped with a drive-thru and outdoor dining patio on over an acre of land.

FOR SALE DETAILS

PRICE

$2,091,000 USD

PRICE/SF

$706 USD /SF

CAP RATE

5.45%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunkin'

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,250 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Chris KostaneckiCP Partners CREMore Info
415-971-4347

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Chris KostaneckiCP Partners CREMore Info
415-971-4347

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