About This Restaurant
Investment Highlights
15-year corporate lease with 10% rental increases every 5 years during the primary term and the three, 5-year options Excellent visibility & signage from the signalized intersection of US 85 (CanAm Hwy) and East 104th Avenue Located adjacent to McDonald?s, Taco Bell, 7-Eleven, Papa John?s, and Subway Strong traffic counts: approximately 40,000 VPD on US Route 85 (CanAm Hwy) and 20,000 VPD on E 104th Avenue Subject property is strategically located approximately ? mile from the entrance of Interstate 76 via US 85, connecting directly to downtown Denver High barriers to entry with protected land immediately in front of the property that will preserve street visibility
Executive Summary
A Dutch Bros Coffee on a 15-year NNN lease with corporate guaranty, located in the Denver MSA. The store opened on February 17th, 2023.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food
- Building Size 950
- Building Class B
- Year Built 2023
- Price 2,340,288
- Price Per SF 2,463
- Cap Rate 5.20
- NOI 121,695
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.02
- Land Acres 1.32 AC
Property Taxes
| Parcel Number | 1721-10-3-20-023 | Improvements Assessment | $193,080 |
| Land Assessment | $59,550 | Total Assessment | $252,630 |
| Date Created: | 2024-07-16 04:09:26 | Last Updated: | 2024-07-16 04:09:26 |
| Address: | 9001 E 104th Ave , Henderson, Colorado, 80640 | ||