Restaurant
Torchy's Tacos - 13 Yr Abs NNN - Generational Real Estate @ Belmar
7381 W Alameda Ave, Lakewood, CO 80226
Listing Price: $5,940,400
Investment Overview
Torchy’s Tacos was founded in Austin, Texas in 2006 by former corporate chef Michael Rypka, who was inspired by a love for tacos and a passion for experimenting with food to bring an untraditional taco experience to the people of Texas.
The City of Lakewood is the fifth-largest city in the state of Colorado, situated within the Denver metropolitan area. Home to the W light rail line, Lakewood offers numerous opportunities for commercial and residential development with easy access to several major freeways.
Torchy's Tacos - 13 Yr Abs NNN - Generational Real Estate @ Belmar
Investment Highlights
- Absolute NNN Lease with Approximately 13 Years Remaining on Lease Term
- Visible to Over 95,000 Cars Per Day via W Alameda Ave and S Wadsworth Blvd
- 10 Percent Rental Increases Every Five Years - 5.50 Percent Cap in Two Years
- Dense Trade Area in the Denver MSA - Approximately 380,664 Residents in the Surrounding Area
- Directly Across from Belmar, an Outdoor Dining, Shopping, and Arts District Home to More Than 80 Stores and Restaurants
- Centrally Located within a 15-Minute Drive of Downtown Denver, Colorado School of Mines (8,050 Students), and Denver Federal Center (Approximately 623 Acre Campus with Around 6,200 Employees)
- Surrounded by National Tenants: Walgreens, Burlington, Best Buy, DICK'S Sporting Goods, Target, and More
- Average Household Income Exceeds $102,000 within a Five-Mile Radius
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado
Financing By
Restaurant
Torchy's Tacos - 13 Yr Abs NNN - Generational Real Estate @ Belmar
Listing Price: $5,940,400
Investment Highlights
- Absolute NNN Lease with Approximately 13 Years Remaining on Lease Term
- Visible to Over 95,000 Cars Per Day via W Alameda Ave and S Wadsworth Blvd
- 10 Percent Rental Increases Every Five Years - 5.50 Percent Cap in Two Years
- Dense Trade Area in the Denver MSA - Approximately 380,664 Residents in the Surrounding Area
- Directly Across from Belmar, an Outdoor Dining, Shopping, and Arts District Home to More Than 80 Stores and Restaurants
- Centrally Located within a 15-Minute Drive of Downtown Denver, Colorado School of Mines (8,050 Students), and Denver Federal Center (Approximately 623 Acre Campus with Around 6,200 Employees)
- Surrounded by National Tenants: Walgreens, Burlington, Best Buy, DICK'S Sporting Goods, Target, and More
- Average Household Income Exceeds $102,000 within a Five-Mile Radius
Investment Overview
Torchy’s Tacos was founded in Austin, Texas in 2006 by former corporate chef Michael Rypka, who was inspired by a love for tacos and a passion for experimenting with food to bring an untraditional taco experience to the people of Texas. The City of Lakewood is the fifth-largest city in the state of Colorado, situated within the Denver metropolitan area. Home to the W light rail line, Lakewood offers numerous opportunities for commercial and residential development with easy access to several major freeways.
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado
Financing By
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