Investment Highlights
Executive Summary
? Single-tenant Captain D?s investment opportunity, offering a brand-new 15-year absolute triple net (NNN) lease with rare 2.5% annual rental increases.? Founded in Tennessee in 1969, Captain D?s is an American fast casual restaurant chain that specializes in seafood. The company has ?535 locations across the country.? The franchisee has been a Captain D?s operator for over 35 years.? This location boasts strong demographics with a total population of 267,226 and an average household income of $90,011 in a 5-mile radius (Source: Esri).? The Property has excellent frontage and visibility on E Fillmore St, which sees ?35,135 vehicles per day (Source: CoStar).? University of Colorado - Colorado Springs (?11,300 students, ?800 faculty, ?800 staff) is located approximately 1 mile north of the Property.? Approximately 8 minutes away from the Property is UCHealth Memorial Hospital Central (?413 beds), which has been recognized nationally for quality, research, and outcomes (Source: uchealth.org).? Approximately 8 minutes away is Downtown Colorado Springs, the epicenter for business in the Pikes Peak Region. Downtown Colorado Spring's long-stated goal to transform into a mixed-use neighborhood is becoming a reality, with over $2 billion in investment, which is a fraction of anticipated development in Downtown Colorado Springs over the next decade.*This property is available for individual sale or as a 3-property Captain D?s portfolio. For more information on the other locations, please visit DealFlow.com.
