Restaurant

Twin Peaks

8440 E Arapahoe Rd, Centennial, CO 80112

Listing Price: $2,016,666

Cap Rate
6.00%
Years Remaining On Lease
7.20
Gross SF
8,407
Guarantor
Corporate Guarantee
Rentable SF
8,407
Price/Gross SF
$239.88
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.39

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Twin Peaks restaurant located at 8840 E Arapahoe Rd in Centennial, Colorado. The property consists of approximately 8,407 square feet of building space and is situated on roughly 1.09 acres of land. This is subject to a an original 10-year Triple Net (NNN) Lease which was extended to bring the base term to 15 years.. The base-term of this lease commenced in 2012 and will be subject to 10% rental increases every five years that will continue through each of the three (3), five (5)-year tenant renewal options.

Investment Highlights

  • Original 10-Year Lease that was Extended to 15 Years Approximately 7.5 years Remain
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases of Ten Percent (10%) Every Five (5) Years

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Skyler Cooper

    Regional Manager

    License(s): CO: FA.100080019

    Colorado

Listing Price: $2,016,666

Cap Rate
6.00%
Years Remaining On Lease
7.20
Gross SF
8,407
Guarantor
Corporate Guarantee
Rentable SF
8,407
Price/Gross SF
$239.88
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.39

Investment Highlights

  • Original 10-Year Lease that was Extended to 15 Years Approximately 7.5 years Remain
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases of Ten Percent (10%) Every Five (5) Years

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Twin Peaks restaurant located at 8840 E Arapahoe Rd in Centennial, Colorado. The property consists of approximately 8,407 square feet of building space and is situated on roughly 1.09 acres of land. This is subject to a an original 10-year Triple Net (NNN) Lease which was extended to bring the base term to 15 years.. The base-term of this lease commenced in 2012 and will be subject to 10% rental increases every five years that will continue through each of the three (3), five (5)-year tenant renewal options.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Skyler Cooper

    Regional Manager

    License(s): CO: FA.100080019

    Colorado

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