9900 W Colfax Ave - Fast Food FOR SALE


Lakewood, CO 80215- Eiber
$3,455,000 USD
858-603-8436
9900 W Colfax Ave, Lakewood, CO for Sale
$3,455,000 USD
Fast Food - FOR SALE
1/10
null | 5.5% Cap Rate

9900 W Colfax Ave
Lakewood, CO 80215
Eiber


HIGHLIGHTS

  • Approximately 10 Years Remaining | Corporate Signed | Scheduled Rental Increases | Brand New Construction
  • NN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
  • Well Positioned Location | Colorado Christian University | Lakewood High School | Common Spirits St. Anthony Hospital | Denver Federal Center
  • First Double Drive-Thru | Relocation Store | Signalized, Hard-Corner Intersection | Strong Brand Presence
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

OVERVIEW

SRS Capital Markets is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, Starbucks investment property located in Lakewood, Colorado. The tenant, Starbucks, has approximately 10 years remaining on their current lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 7.50% 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 NN with minimal landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Starbucks is the largest coffee retailer in the world, with over 40,000 locations in 80 countries.

FOR SALE DETAILS

PRICE

$3,455,000 USD

PRICE/SF

$1,715 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks | Approx 10yr Corp NN | 2024 Constr

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,314 SF

ZONING

M-G-S

APN/PARCEL ID

49-032-00-069

ASK ABOUT THIS PROPERTY

Ryan TomkinsSRS Real Estate PartnersMore Info
858-603-8436

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Ryan TomkinsSRS Real Estate PartnersMore Info
858-603-8436

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