Auto Service - Gas-Conv
Choice Market
2200 E Colfax Ave, Denver, CO 80206
Listing Price: $4,400,000
Cap Rate
6.00%
Tenant Name
Choice
Gross SF
2,304
Guarantor
Corporate Guarantee
Rentable SF
2,304
Price/Gross SF
$1,909.72
Lease Type
Absolute Net
Rent Per Square Feet
$114.58
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Choice Market in Denver, Colorado.
Choice Market
Investment Highlights
- 20-Year Absolute Triple-Net Sale Leaseback with a 4 x 5 Year Options and 10% Increases every 5-Years
- Corporate Guaranty from Innovative Grocer/Fuel Store Operator, Choice Market who offers Fresh Produce, Meat, Baked Goods, and Beer in Addition to Fuel and Electric Charging Stations
- Substantial Tenant Investment - $2.5MM+ in renovations to previous restaurant building including: New fuel canopy, four (4) fuel dispensers, two (2) electric vehicle charging stations, fully renovate
Exclusively Listed By
Listing Price: $4,400,000
Cap Rate
6.00%
Tenant Name
Choice
Gross SF
2,304
Guarantor
Corporate Guarantee
Rentable SF
2,304
Price/Gross SF
$1,909.72
Lease Type
Absolute Net
Rent Per Square Feet
$114.58
Investment Highlights
- 20-Year Absolute Triple-Net Sale Leaseback with a 4 x 5 Year Options and 10% Increases every 5-Years
- Corporate Guaranty from Innovative Grocer/Fuel Store Operator, Choice Market who offers Fresh Produce, Meat, Baked Goods, and Beer in Addition to Fuel and Electric Charging Stations
- Substantial Tenant Investment - $2.5MM+ in renovations to previous restaurant building including: New fuel canopy, four (4) fuel dispensers, two (2) electric vehicle charging stations, fully renovate
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Choice Market in Denver, Colorado.
Exclusively Listed By
