970 N Ten Mile Dr - Supermarket FOR SALE


Frisco, CO 80443
$7,680,626 USD
619-417-5700
970 N Ten Mile Dr, Frisco, CO for Sale
$7,680,626 USD
Supermarket - FOR SALE
1/3
null | 5.75% Cap Rate

970 N Ten Mile Dr
Frisco, CO 80443


HIGHLIGHTS

  • Natural Grocers corporate guarantee-publicly traded company (NYSE:NGVC)
  • Occupancy at the site since 2015: build-to-suit for Natural Grocers
  • Absolute NNN - zero Landlord responsibilities
  • Outstanding location with excellent retail synergy
  • Excellent population and high household income numbers
  • Fee simple - land and building

OVERVIEW

Kidder Mathews and Remy Tams are pleased to offer for purchase a Natural Grocers corporate grocery store located in Frisco, Colorado. Natural Grocers commenced its occupancy under a built-to-suit lease in 2015. At that time, they signed a fifteen year lease. There are approximately 7 years remaining, plus three (3), five year options to renew the lease. The lease is absolute triple net with zero landlord responsibilities. Regular rent increases are included in the lease structure (contact broker for details). Natural Grocers-Tenant Overview Natural Grocers by Vitamin Cottage, Inc. is a specialty retailer of natural and organic groceries, and dietary supplements. The company’s stores offer products including body care, pet care, household and general merchandise, books, and handouts. Its grocery products include produce; bulk food and private label products; dry, frozen and canned groceries; meats and seafood; dairy products, dairy substitutes and eggs; prepared foods; bread and baked goods, and beverages. Additionally, Natural Grocers carries a range of products associated with special diets, such as gluten free, vegetarian, and non-dairy items.  The company sells organic produce sourced from local and organic producers. Natural Grocers operates within the natural products retail industry. Natural Grocers operates approximately 170 stores in 21 states. Natural Grocers is a publicly traded company on the New York Stock Exchange (NYSE: NGVC) and has a $510 million market capitalization. Natural Grocers is headquartered in Lakewood, CO. Website: www.naturalgrocers.com Stock Symbol: NYSE: NGVC Market Capitalization:  $510 Million # of Locations:  170 Headquarters:  Lakewood, CO Year Founded:  1955 Frisco Colorado Frisco, Colorado is located approximately 72 miles west of Denver (a 1 hour, 20-minute drive from Denver airport) and is considered the “Main Street to the Rockies”.  Frisco's location, right at the center of Summit County near Breckenridge, Dillon and Copper Mountain, makes it a natural trailhead to fun in all four seasons. This mountain town opens up the Colorado Mountains to endless possibilities due to its close proximity to Colorado's 26 world-class ski resorts, and not much farther from many more as you head up I-70.  Winter activities are obvious and throughout the Spring, Summer and Fall, visitors can find numerous options for camping, hiking, biking, fishing, rafting and boating, just to name a few. Due to its popularity as a year-round vacation destination, the nation’s most well-known hotel chains have properties in the area: Marriott, Best Western, Wyndham, Hyatt, Residence Inn, Hampton Inn & Suites, AC Hotel, Ramada, Quality Inn & Suites, La Quinta and many others.  The area also boasts outstanding shopping and dining opportunities.

FOR SALE DETAILS

PRICE

$7,680,626 USD

PRICE/SF

$512 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Natural Grocers

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,138 SF

ZONING

FPUD

APN/PARCEL ID

6516435

ASK ABOUT THIS PROPERTY

Paula DankerKidder MathewsMore Info
619-417-5700

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Paula DankerKidder MathewsMore Info
619-417-5700

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