Walgreens

10501 E Colfax Ave, Aurora, CO
Deal Type:
Net Lease
Price:
$6,530,000
Cap Rate:
5.15%
Current Rent:
$336,250
Lease Type:
Triple Net
Lease Term:
13 years
Landlord Responsibilities:
None
Renewal Options:
Twelve, 5 Year Options
Building Sq. Ft.:
13,450 SF
Rent Increases:
5% every 5 years (Initial Term and Options)
Site Size:
1.99 Acres

Investment Highlights

  • New 13 year Abs. NNN lease with 5% rent increases every 5 years
  • 1.5 miles away from University of CO Anschutz Medical Campus, a 1mm SF medical campus featuring two hospitals
  • Extremely profitable location with strong unit level performance
  • Signalized hard corner with exposure to 55,000 VPD
  • Growing Denver MSA location with over 171,000 people within 3 miles
  • Large 1.99 acre parcel providing long term land value

Listing Agents

Connor Shell

Managing Director
407 913 9009
Connor@stream-cp.com

Graham Gold

Vice President
314 324 8792
Graham@stream-cp.com

Jordan Shtulman

Managing Principal
847 226 4133
Jordan@stream-cp.com

In Association with Scott Reid & ParaSell, Inc. | P: 949.924.6578 | A Licensed Colorado Broker #EC.100085004

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