Auto Service - Gas-Conv
7-Eleven w/ Gas | Denver MSA | Recent Lease Extension | 19 Year Absolute NNN | Bonus Depreciation
8820 Colorado Blvd, Thornton (Denver MSA), CO 80229
Listing Price: $4,301,075
Investment Overview
Thornton is a major northern Denver suburb, combining established residential neighborhoods with expanding employment centers and regional shopping destinations. The city estimated 153,485 residents and 55,844 housing units in June 2026, providing a substantial consumer base within the broader Denver metropolitan area. Thornton’s housing stock includes single-family homes, attached residences, and multifamily communities, accommodating a broad residential base. Its proximity to downtown Denver and Denver International Airport connects residents and businesses to regional employment, travel, and commerce.
The regional transportation network includes Interstate 25, Interstate 70, E-470, and U.S. Highway 36, supporting access throughout metropolitan Denver and Colorado’s Front Range. RTD’s N Line further strengthens connectivity, with Original Thornton/88th Avenue Station offering 550 parking spaces and connections to local bus service. This combination of highway and commuter rail infrastructure accommodates residents, employees, and visitors traveling throughout the area.
Thornton’s employment base spans healthcare, distribution, aerospace, education, and retail. Major employers include Amazon, HCA HealthONE Mountain Ridge, Intrex Aerospace, and Adams 12 Five Star Schools. Business parks such as 25 Commerce Park and North Washington Commerce Center broaden the city’s commercial footprint. Denver Premium Outlets, Cabela’s, Topgolf, and Main Event complement these employment drivers with shopping and entertainment destinations serving the northern metropolitan market.
Continued community investment adds to the area’s regional appeal. Nearly 1,000 acres of developed or designated parkland enhance the community’s recreational amenities. The planned 15.6-acre Market at 88th redevelopment at Washington Street and East 88th Avenue envisions a walkable destination centered on retail, dining, and public gathering spaces. Together with ongoing housing construction and established neighborhoods, these initiatives support Thornton’s appeal as a place to live, work, and shop, while creating a diversified setting for neighborhood-serving retail and convenience businesses.
7-Eleven w/ Gas | Denver MSA | Recent Lease Extension | 19 Year Absolute NNN | Bonus Depreciation
Investment Highlights
- 19 Year Absolute Net Lease featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Recent Lease Extension - 17+ Year Historical Occupancy.
- Prominent Hard-Corner Positioning at East 88th Avenue and Colorado Boulevard with Combined Daily Traffic Counts Exceeding 47k, provides Exposure to Intersecting Traffic Streams.
- Bonus Depreciation - Significant Tax Benefits: Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation
- The Nearby 220-Unit Village on Cypress Apartment Community Provides a Concentrated Residential Customer Base, Positioning the Property for Repeat Visits Tied to Everyday Household and Commuting Needs.
- Located Approximately one Mile from Interstate 76, the Property Offers Convenient Freeway Access, Positioning it to Serve Local Residents, Regional Commuters, and Motorists Traveling through North Denver.
- 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.
- Surrounded by Meadow Community School, York International School, Achieve Academy, and Academy High School, Positioning the Property to Capture Recurring Fuel and Convenience Purchases from Students, Parents, and Faculty.
- Rapid Population Growth & Affluent Trade Area - Features an Average Household Income of More than $116k within a 1-Mile Radius and over 255k People Residing within a 5-Mile Radius. Located along East 88th Avenue, the 80-Acre Mile High Flea Market Reports more than 3,000 Weekend Sellers, Establishing a Substantial Regional Shopping and Entertainment Draw.
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado/Idaho
Auto Service - Gas-Conv
7-Eleven w/ Gas | Denver MSA | Recent Lease Extension | 19 Year Absolute NNN | Bonus Depreciation
Listing Price: $4,301,075
Investment Highlights
- 19 Year Absolute Net Lease featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Recent Lease Extension - 17+ Year Historical Occupancy.
- Prominent Hard-Corner Positioning at East 88th Avenue and Colorado Boulevard with Combined Daily Traffic Counts Exceeding 47k, provides Exposure to Intersecting Traffic Streams.
- Bonus Depreciation - Significant Tax Benefits: Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation
- The Nearby 220-Unit Village on Cypress Apartment Community Provides a Concentrated Residential Customer Base, Positioning the Property for Repeat Visits Tied to Everyday Household and Commuting Needs.
- Located Approximately one Mile from Interstate 76, the Property Offers Convenient Freeway Access, Positioning it to Serve Local Residents, Regional Commuters, and Motorists Traveling through North Denver.
- 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.
- Surrounded by Meadow Community School, York International School, Achieve Academy, and Academy High School, Positioning the Property to Capture Recurring Fuel and Convenience Purchases from Students, Parents, and Faculty.
- Rapid Population Growth & Affluent Trade Area - Features an Average Household Income of More than $116k within a 1-Mile Radius and over 255k People Residing within a 5-Mile Radius. Located along East 88th Avenue, the 80-Acre Mile High Flea Market Reports more than 3,000 Weekend Sellers, Establishing a Substantial Regional Shopping and Entertainment Draw.
Investment Overview
Thornton is a major northern Denver suburb, combining established residential neighborhoods with expanding employment centers and regional shopping destinations. The city estimated 153,485 residents and 55,844 housing units in June 2026, providing a substantial consumer base within the broader Denver metropolitan area. Thornton’s housing stock includes single-family homes, attached residences, and multifamily communities, accommodating a broad residential base. Its proximity to downtown Denver and Denver International Airport connects residents and businesses to regional employment, travel, and commerce. The regional transportation network includes Interstate 25, Interstate 70, E-470, and U.S. Highway 36, supporting access throughout metropolitan Denver and Colorado’s Front Range. RTD’s N Line further strengthens connectivity, with Original Thornton/88th Avenue Station offering 550 parking spaces and connections to local bus service. This combination of highway and commuter rail infrastructure accommodates residents, employees, and visitors traveling throughout the area. Thornton’s employment base spans healthcare, distribution, aerospace, education, and retail. Major employers include Amazon, HCA HealthONE Mountain Ridge, Intrex Aerospace, and Adams 12 Five Star Schools. Business parks such as 25 Commerce Park and North Washington Commerce Center broaden the city’s commercial footprint. Denver Premium Outlets, Cabela’s, Topgolf, and Main Event complement these employment drivers with shopping and entertainment destinations serving the northern metropolitan market. Continued community investment adds to the area’s regional appeal. Nearly 1,000 acres of developed or designated parkland enhance the community’s recreational amenities. The planned 15.6-acre Market at 88th redevelopment at Washington Street and East 88th Avenue envisions a walkable destination centered on retail, dining, and public gathering spaces. Together with ongoing housing construction and established neighborhoods, these initiatives support Thornton’s appeal as a place to live, work, and shop, while creating a diversified setting for neighborhood-serving retail and convenience businesses.
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado/Idaho
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