Grocery Store
Woods Supermarket
4320 Ledge Rock Lane, Johnstown, CO 80534
Listing Price: $18,360,000
Cap Rate
6.25%
Tenant Name
Woods Supermarket
Years Remaining On Lease
19.9
Gross SF
85,000
Guarantor
Corporate Guarantee
Rentable SF
85,000
Price/Gross SF
$216.00
Lease Type
Double Net
Rent Per Square Feet
$13.50
Investment Overview
The Marcus & Millichap is pleased to exclusively offer for sale a Woods Supermarket in Johnstown, CO
Woods Supermarket
Investment Highlights
- 19+ years remaining on a double-net (NN) lease of a free-standing Woods Supermarket in Johnstown, CO. The lease includes 3 x5-year options and 5% rent increases starting year 10.
- The tenant is the corporate entity of Woods Supermarket, a Missouri-based grocery chain offering hundreds of high-quality grocery products at low costs.
- The subject property is the first Woods Supermarket location in Colorado. Woods Supermarket plans to open an additional 5-6 locations.
- Wood's Supermarket is part of a new 200-acre mixed-use development, Ledge Rock Center. Once completed, the Ledge Rock Center will feature 1,200 apartment units, 160 single-family homes, and over 1 million SF of retail.
- The subject property is located on the southeast corner of I-25 and US Highway 60 (97,800 VPD). This interchange provides effi-cient egress and ingress from both southbound and northbound directions of I-25. There is signage visible from the highway as well.
Exclusively Listed By
Listing Price: $18,360,000
Cap Rate
6.25%
Tenant Name
Woods Supermarket
Years Remaining On Lease
19.9
Gross SF
85,000
Guarantor
Corporate Guarantee
Rentable SF
85,000
Price/Gross SF
$216.00
Lease Type
Double Net
Rent Per Square Feet
$13.50
Investment Highlights
- 19+ years remaining on a double-net (NN) lease of a free-standing Woods Supermarket in Johnstown, CO. The lease includes 3 x5-year options and 5% rent increases starting year 10.
- The tenant is the corporate entity of Woods Supermarket, a Missouri-based grocery chain offering hundreds of high-quality grocery products at low costs.
- The subject property is the first Woods Supermarket location in Colorado. Woods Supermarket plans to open an additional 5-6 locations.
- Wood's Supermarket is part of a new 200-acre mixed-use development, Ledge Rock Center. Once completed, the Ledge Rock Center will feature 1,200 apartment units, 160 single-family homes, and over 1 million SF of retail.
- The subject property is located on the southeast corner of I-25 and US Highway 60 (97,800 VPD). This interchange provides effi-cient egress and ingress from both southbound and northbound directions of I-25. There is signage visible from the highway as well.
Investment Overview
The Marcus & Millichap is pleased to exclusively offer for sale a Woods Supermarket in Johnstown, CO
Exclusively Listed By
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