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7-11

18351 E Colfax Ave, Aurora, CO 80011

Listing Price: $3,257,000

Cap Rate
5.00%
Tenant Name
7-11
Years Remaining On Lease
9.00
Gross SF
2,900
Guarantor
Corporate Guarantee
Rentable SF
2,900
Price/Gross SF
$1,123.10
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$56.17

Investment Overview

Marcus & Millichap is pleased to present for sale a 7-Eleven with an additional adjacent lot located at 1545 Tower Road & 18351 E. Colfax Ave in Aurora, Colorado. 7-Eleven has a gross leasable area (GLA) of 2,900 square feet and sits on a 1.07-acre lot. Additionally, the offering includes 1545 Tower Road, a 4.68-acre parcel spread over three tax lots ripe for development. The subject property has over 10 years remaining in the base term of an absolute NNN lease with four 5-year options with 10% increases every 5 years through the base term and options. 7-Eleven is the world’s largest convenience store chain founded in Dallas, Texas in 1927. They operate, franchise, and license 64,319 stores in 18 countries as of January 2018.

Investment Highlights

  • Absolute NNN 7-Eleven with Additional Adjacent Lots Located at 1545 Tower Road & 18351 E. Colfax Ave Aurora, Colorado with a Combined VPD of Over 30,000.
  • 7-Eleven (18351 E. Colfax Ave) has a GLA of 2,900 SF and Sits on a 1.07-Acre Lot.
  • 1545 Tower Road is a 4.68-Acre Parcel Ripe for Development.

Exclusively Listed By

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

Financing By

Listing Price: $3,257,000

Cap Rate
5.00%
Tenant Name
7-11
Years Remaining On Lease
9.00
Gross SF
2,900
Guarantor
Corporate Guarantee
Rentable SF
2,900
Price/Gross SF
$1,123.10
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$56.17

Investment Highlights

  • Absolute NNN 7-Eleven with Additional Adjacent Lots Located at 1545 Tower Road & 18351 E. Colfax Ave Aurora, Colorado with a Combined VPD of Over 30,000.
  • 7-Eleven (18351 E. Colfax Ave) has a GLA of 2,900 SF and Sits on a 1.07-Acre Lot.
  • 1545 Tower Road is a 4.68-Acre Parcel Ripe for Development.

Investment Overview

Marcus & Millichap is pleased to present for sale a 7-Eleven with an additional adjacent lot located at 1545 Tower Road & 18351 E. Colfax Ave in Aurora, Colorado. 7-Eleven has a gross leasable area (GLA) of 2,900 square feet and sits on a 1.07-acre lot. Additionally, the offering includes 1545 Tower Road, a 4.68-acre parcel spread over three tax lots ripe for development. The subject property has over 10 years remaining in the base term of an absolute NNN lease with four 5-year options with 10% increases every 5 years through the base term and options. 7-Eleven is the world’s largest convenience store chain founded in Dallas, Texas in 1927. They operate, franchise, and license 64,319 stores in 18 countries as of January 2018.

Exclusively Listed By

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

Financing By

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