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7-ELEVEN TRUCK STOP W/ GAS | RARE 18 YEAR NNN 245 Market St

4,780 SF Retail Building Keenesburg, CO 80643 £6,860,928 (£1,435/SF) 5.40% Net Initial Yield

Investment Highlights

  • Rare 18 Year Absolute Net Lease Featuring 10% Rental Increase in Year 11, 16 and at Each Option.
  • Hard Corner Location: Featuring Easy Access and Excellent Visibility w/ Freestanding Pylon Sign - Highway Visible Travel Center
  • Strong Tenant - The Company is Ranked #129 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of “A”.
  • Brand New Construction w/ Tenant's New Prototype feat. Gas Station & Laredo Taco. Large Lot Size. Only 18 Year Initial Lease Term on Market.
  • w/ Commercial Truck Fueling. I-76 Connects Keenesburg directly to Downtown Denver. 3,400+ Trucks per Day Pass through on Market Street.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

Executive Summary

Colorado Broker of Record: Adam Lewis | 1144 15th St., Suite 2150 Denver, CO 80202 | P: (303) 328-2000 | Lic #: ER.100091205 | Firm Lic #: EC. 100048709 | Adam.Lewis@MarcusMillichap.com
Qualifies for Accelerated Depreciation | Hard Corner Location | Affluent Area: $109k within a 5-Mile Radius | Along Interstate-76 | Highway Visible Travel Center w/ Commercial Truck Fueling | Strong Tenant | 30 min from Denver International Airport

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,780 SF
Building Class
C
Year Built
2024
Price
£6,860,928
Price Per SF
£1,435
Net Initial Yield
5.40%
NOI
£370,490
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
2.42 AC
Zoning
C - Commercial

Amenities

  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • 7-Eleven
  • Retailer
  • 4,780 SF
  • -
  • NNN
  • Aug 2042
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
7-Eleven Retailer 4,780 SF - NNN Aug 2042
  • Listing ID: 32114369

  • Date on Market: 12/06/2024

  • Last Updated:

  • Address: 245 Market St, Keenesburg, CO 80643

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