Listing Details
PRICE: $9,156,300
CAP RATE: 5%
NOI: $457,815
NEXT RENT BUMP: September 2026
LEASE TERM: 15-Years
LEASE TYPE: NN
RENT COMMENCEMENT: September 23, 2021
LEASE EXPIRATION: September 30, 2036
RENTAL INCREASES: 7.5% Every 5 Years
RENEWAL OPTIONS: (4) 5-Year Options
BUILDING SIZE: 4,650 SF
LOT SIZE: 2.34 Acres
YEAR BUILT: 2021
LANDLORD RESPONSIBILITES: Foundation & Structure
COUNTY: Weld
ROFR: 10 Days
Oswald Cooke & Associates is pleased to offer a seasoned corporate 7-Eleven store, which originally opened in September 2021, to qualified investors. The 2.34 Acre site has abundant visibility and access at the hard corner of Highway 85 and 14th , the primary artery which funnels traffic southwest into Denver from the front range of the Rocky Mountains. The store also features a Laredo Taco. Fort Lupton was originally settled as a trading post and sits thirty-five miles northeast of the city center. The area provides an affordable housing option and opportunity for families and workforce serving the Denver MSA. Weld County top employers include JBS Swift, Vestas-Americas and the University of Northern Colorado and Haliburton. 7-Eleven has a standard and Poor’s bond rating of AA-, operates 83,000 stores worldwide, and is the nation’s largest convenience store chain with over 13,000 locations. Weld County is one of the fastest growing counties in the state, seeing a 13.98% growth rate between 2020-2025.
Property Photos
