Auto Service - Gas-Conv
7-Eleven Strip Center | NNN Leases | Denver MSA | Recent Lease Extension | 45+ Year Hist. Occupancy
8002 Chase Dr, Arvada (Denver MSA), CO 80003
Listing Price: $3,472,446
Cap Rate
6.50%
Tenant Name
7-Eleven
Years Remaining On Lease
18.6
Gross SF
6,962
Guarantor
Corporate Guarantee
Rentable SF
6,962
Price/Gross SF
$498.77
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$32.42
Investment Overview
Marcus & Millichap is pleased to present 7-Eleven in Arvada, Colorado.
7-Eleven Strip Center | NNN Leases | Denver MSA | Recent Lease Extension | 45+ Year Hist. Occupancy
Investment Highlights
- 7-Eleven Anchored 3-Tenant Strip Center featuring NNN Leases and Increases throughout the Initial Term. 45+ Year Historical Occupancy for 7-Eleven and Recent 15 Year Lease Extension.
- Positioned Along Area's Major Traffic & Retail Corridor. Signalized Hard Corner Location - Features Easy Access and Excellent Visibility with Daily Combined Traffic Counts Exceeding 28k Vehicles.
- Densely Populated and Affluent Denver Suburb: Features an Average Household Income of more than $99k and over 332k People Residing within a 5-Mile Radius. Arvada is one of the Fastest Growing Areas.
- Arvada is a thriving Denver Suburb known for its historic Olde Town, Vibrant Community Events, and proximity to the Rocky Mountains. It offers Excellent Schools, Diverse Recreational Opportunities, and a Strong, Growing Economy.
- In Close Proximity to Numerous National Retailers including Target, Safeway, Walmart Supercenter, Sprouts Farmers Market, Lowe's, Costco, The Home Depot, Burlington, Hobby Lobby and many more.
- Adjacent to a King Soopers Anchored Retail Center - The Center's Dynamic Tenant Mix Boasts an Excellent Complement of Diverse National and Regional Players including Grocery, Fitness, Convenience Goods and Proven Restaurant Chains.
- The Site's proximity to Downtown Denver, just 8 Miles away, provides easy access to the City's Bustling Job Market, Cultural Attractions, and Entertainment while offering a Suburban Lifestyle with Excellent Schools, Parks, and a Tight-knit Community.
- Immediate Area Experiencing Major Growth: The Site is Surrounded by Dense Residential Neighborhoods, Apartment Complexes, & Numerous Amenities Including Parks, Schools, and more. Strong Tenant - The Company is Ranked #162 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of "A" and an Annual Revenue of more than $78.50 Billion. 7-Eleven has never Defaulted on a Lease and Averages Over 43 Yrs Occupancy.
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado/Idaho
Auto Service - Gas-Conv
7-Eleven Strip Center | NNN Leases | Denver MSA | Recent Lease Extension | 45+ Year Hist. Occupancy
Listing Price: $3,472,446
Cap Rate
6.50%
Tenant Name
7-Eleven
Years Remaining On Lease
18.6
Gross SF
6,962
Guarantor
Corporate Guarantee
Rentable SF
6,962
Price/Gross SF
$498.77
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$32.42
Investment Highlights
- 7-Eleven Anchored 3-Tenant Strip Center featuring NNN Leases and Increases throughout the Initial Term. 45+ Year Historical Occupancy for 7-Eleven and Recent 15 Year Lease Extension.
- Positioned Along Area's Major Traffic & Retail Corridor. Signalized Hard Corner Location - Features Easy Access and Excellent Visibility with Daily Combined Traffic Counts Exceeding 28k Vehicles.
- Densely Populated and Affluent Denver Suburb: Features an Average Household Income of more than $99k and over 332k People Residing within a 5-Mile Radius. Arvada is one of the Fastest Growing Areas.
- Arvada is a thriving Denver Suburb known for its historic Olde Town, Vibrant Community Events, and proximity to the Rocky Mountains. It offers Excellent Schools, Diverse Recreational Opportunities, and a Strong, Growing Economy.
- In Close Proximity to Numerous National Retailers including Target, Safeway, Walmart Supercenter, Sprouts Farmers Market, Lowe's, Costco, The Home Depot, Burlington, Hobby Lobby and many more.
- Adjacent to a King Soopers Anchored Retail Center - The Center's Dynamic Tenant Mix Boasts an Excellent Complement of Diverse National and Regional Players including Grocery, Fitness, Convenience Goods and Proven Restaurant Chains.
- The Site's proximity to Downtown Denver, just 8 Miles away, provides easy access to the City's Bustling Job Market, Cultural Attractions, and Entertainment while offering a Suburban Lifestyle with Excellent Schools, Parks, and a Tight-knit Community.
- Immediate Area Experiencing Major Growth: The Site is Surrounded by Dense Residential Neighborhoods, Apartment Complexes, & Numerous Amenities Including Parks, Schools, and more. Strong Tenant - The Company is Ranked #162 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of "A" and an Annual Revenue of more than $78.50 Billion. 7-Eleven has never Defaulted on a Lease and Averages Over 43 Yrs Occupancy.
Investment Overview
Marcus & Millichap is pleased to present 7-Eleven in Arvada, Colorado.
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado/Idaho
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.