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.
20-Yr NNN Conoco Gas & C-Store
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
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
