Auto Service - Gas-Conv
7-Eleven
5490 Wadsworth Bypass, Arvada, CO 80002
Listing Price: $3,665,000
Cap Rate
5.50%
Tenant Name
7-Eleven
Years Remaining On Lease
5.3
Gross SF
3,244
Guarantor
Corporate Guarantee
Rentable SF
3,244
Price/Gross SF
$1,129.78
Lease Type
Absolute Net
Rent Per Square Feet
$62.15
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a 7-Eleven in Arvada, CO
7-Eleven
Investment Highlights
- 5+ years remaining on a corporately guaranteed absolute triple-net lease with 7-Eleven. The lease features four five-year renewal options each with 12% rental increases.
- Tenant recently committed to the site with 7-Eleven corporate executing a corporate guarantee. Previously, the subject property was operated by a large 7-Eleven franchisee based in Denver, CO.
- Corporate guarantee from 7-Eleven, the world's largest retailer with over 84,000 locations worldwide, 13,000 of which are located in the US & Canada.
- 7-Eleven has an investment grade credit rating of A+/- (S&P) and generated $81.33B in sales during their FY 2023.
- Signalized hard corner location along one of Denver's busiest north/south thoroughfares, Wadsworth Bypass. The subject property is located at the intersection of W 55th Ave & Wadsworth seeing over 80,000 VPD.
- Located just north of I-70, Colorado's major east/west interstate, seeing approximately 165,000 VPD at its exit with Wadsworth Bypass. This intersection is anchored by a plethora of national retailers including the most visited Home Depot in the state of Colorado (1st/46 locations)
Exclusively Listed By
Listing Price: $3,665,000
Cap Rate
5.50%
Tenant Name
7-Eleven
Years Remaining On Lease
5.3
Gross SF
3,244
Guarantor
Corporate Guarantee
Rentable SF
3,244
Price/Gross SF
$1,129.78
Lease Type
Absolute Net
Rent Per Square Feet
$62.15
Investment Highlights
- 5+ years remaining on a corporately guaranteed absolute triple-net lease with 7-Eleven. The lease features four five-year renewal options each with 12% rental increases.
- Tenant recently committed to the site with 7-Eleven corporate executing a corporate guarantee. Previously, the subject property was operated by a large 7-Eleven franchisee based in Denver, CO.
- Corporate guarantee from 7-Eleven, the world's largest retailer with over 84,000 locations worldwide, 13,000 of which are located in the US & Canada.
- 7-Eleven has an investment grade credit rating of A+/- (S&P) and generated $81.33B in sales during their FY 2023.
- Signalized hard corner location along one of Denver's busiest north/south thoroughfares, Wadsworth Bypass. The subject property is located at the intersection of W 55th Ave & Wadsworth seeing over 80,000 VPD.
- Located just north of I-70, Colorado's major east/west interstate, seeing approximately 165,000 VPD at its exit with Wadsworth Bypass. This intersection is anchored by a plethora of national retailers including the most visited Home Depot in the state of Colorado (1st/46 locations)
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a 7-Eleven in Arvada, CO
Exclusively Listed By
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