Chipotle | 5560 Tower Rd
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Chipotle 5560 Tower Rd
2,313 SF Retail Building Denver, CO 80249 £3,599,270 (£1,556/SF) 4.50% Net Initial Yield
Investment Highlights
- Brand New 15-Year Corporate Absolute NNN Lease to Chipotle (NYSE: CMG)
- Prominent Retail Location in Rapidly Growing Area of Denver: 20,000+ New Residential Units in Development Pipeline
- Adjacent to Proposed Link 56 Mixed-Use Development - Super Target Anchored Retail Center and 2,000 Apartment & Townhome Units
- Strong Corporate Guarantee from Publicly Traded Company - Market Capitalization of $71.86 Billion
- Neighbors #1 CO Locations of Walmart Supercenter & Walmart Neighborhood Market per Placer.Ai
- 10 Miles from Denver International Airport: 3rd Busiest Airport in U.S. – 78 Million Passengers per Year
Executive Summary
The subject property is prominently located with excellent access and visibility along Tower Road (24,948 VPD) and East 56th Street (29,060 VPD) approximately 1.5 miles from the Pena Blvd arterial (115,000 AADT). The site benefits from robust demographics with a population of 128,818 within a five mile radius. The annual growth rate within 1 mile of the site is 5.41% and average household income within that radius is $122,991.
The site benefits from a prominent retail location in close proximity to shopping centers, employers, and major retail tenants. The site is located approximately 10 miles from Denver International Airport, the largest airport in the U.S. and second-largest airport by land area in the world. The airport is the largest employer in Colorado with approximately 40,000 employees and the third-busiest airport in the United States, serving approximately 78 million passengers each year. The property also neighbors the Buckley Space Force Base, with an estimated economic impact of $2.55 billion annually.
This property is listed in conjunction with Colorado-licensed real estate broker Legend Partners.
The site benefits from a prominent retail location in close proximity to shopping centers, employers, and major retail tenants. The site is located approximately 10 miles from Denver International Airport, the largest airport in the U.S. and second-largest airport by land area in the world. The airport is the largest employer in Colorado with approximately 40,000 employees and the third-busiest airport in the United States, serving approximately 78 million passengers each year. The property also neighbors the Buckley Space Force Base, with an estimated economic impact of $2.55 billion annually.
This property is listed in conjunction with Colorado-licensed real estate broker Legend Partners.
Property Facts
Sale Type
Investment NNN
Sale Condition
Design & Build
Property Type
Retail
Property Subtype
Building Size
2,313 SF
Building Class
B
Year Built
2024
Price
£3,599,270
Price Per SF
£1,556
Net Initial Yield
4.50%
NOI
£161,967
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Lot Size
0.68 AC
Amenities
- Pylon Sign
- Drive Thru
Nearby Major Retailers
1 of 4
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Chipotle | 5560 Tower Rd
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