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Restaurant

Papa Johns

3010 N Powers Blvd, Colorado Springs, CO 80922

Listing Price: $1,800,000

Cap Rate
5.00%
Tenant Name
Papa Johns
Years Remaining On Lease
9.6
Gross SF
1,313
Guarantor
Franchisee Guarantee
Rentable SF
1,313
Price/Gross SF
$1,370.91
Lease Type
Absolute Net
Rent Per Square Feet
$68.55

Investment Overview

Papa Johns occupies the 1,313 SF subject property on a new 10-year absolute triple-net (NNN) lease. The lease features 10% rental increases every five years and contain s two (2) five-year options.

Investment Highlights

  • Brand New 10-Year Absolute Triple-Net Lease
  • Experienced Quick Service Restaurant Operator
  • Established Restaurant Location with Successful Operating History

Exclusively Listed By

Listing Price: $1,800,000

Cap Rate
5.00%
Tenant Name
Papa Johns
Years Remaining On Lease
9.6
Gross SF
1,313
Guarantor
Franchisee Guarantee
Rentable SF
1,313
Price/Gross SF
$1,370.91
Lease Type
Absolute Net
Rent Per Square Feet
$68.55

Investment Highlights

  • Brand New 10-Year Absolute Triple-Net Lease
  • Experienced Quick Service Restaurant Operator
  • Established Restaurant Location with Successful Operating History

Investment Overview

Papa Johns occupies the 1,313 SF subject property on a new 10-year absolute triple-net (NNN) lease. The lease features 10% rental increases every five years and contain s two (2) five-year options.

Exclusively Listed By

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