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Auto Service - Gas-Conv

20-Yr NNN Conoco Gas & C-Store

931 S Kipling Pkwy, Lakewood, CO 80226

Listing Price: $3,200,000

Cap Rate
7.50%
Tenant Name
Conoco
Gross SF
1,349
Guarantor
Franchisee Guarantee
Rentable SF
1,349
Price/Gross SF
$2,372.13
Lease Type
Absolute Net
Rent Per Square Feet
$177.91

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a 20-Year Sale Leaseback Conoco Gas Station in Lakewood, CO.

Investment Highlights

  • 20-Year Sale Leaseback with 10% Increases every Five Years and Four (4) Five-Year Options
  • Multi-Facet Service Station - 8 Pumps, Convenience Store, U-Haul Neighborhood Dealer, and Mr. Taco Restaurant Providing Multiple Streams of Income and Visitation to the Tenant
  • Guaranteed by Experienced 3-Unit Service Station Operator
  • Direct frontage to S Kipling Pkwy, a major Denver MSA thoroughfare seeing over 44k VPD

Exclusively Listed By

Auto Service - Gas-Conv

20-Yr NNN Conoco Gas & C-Store

Listing Price: $3,200,000

Cap Rate
7.50%
Tenant Name
Conoco
Gross SF
1,349
Guarantor
Franchisee Guarantee
Rentable SF
1,349
Price/Gross SF
$2,372.13
Lease Type
Absolute Net
Rent Per Square Feet
$177.91

Investment Highlights

  • 20-Year Sale Leaseback with 10% Increases every Five Years and Four (4) Five-Year Options
  • Multi-Facet Service Station - 8 Pumps, Convenience Store, U-Haul Neighborhood Dealer, and Mr. Taco Restaurant Providing Multiple Streams of Income and Visitation to the Tenant
  • Guaranteed by Experienced 3-Unit Service Station Operator
  • Direct frontage to S Kipling Pkwy, a major Denver MSA thoroughfare seeing over 44k VPD

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a 20-Year Sale Leaseback Conoco Gas Station in Lakewood, CO.

Exclusively Listed By

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