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Take 5 Ground Lease 1151 Chambers rd 1,590 SF Retail Building Aurora, CO 80012 $1,675,104 CAD ($1,053.52 CAD/SF) 6.38% Cap Rate

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INVESTMENT HIGHLIGHTS

  • New 15 Year Take 5 Ground Lease within King Soopers Anchored Center
  • Located in Aurora, CO with a population of 383,309 within a 5 mile radius
  • Property has already been subdivided, and rent commenced on 2/15/23
  • 10% Rent Bumps every 5 years, with 5 Five Year renewals after the initial 15 year term
  • Over 38,000 VPD along E Mississippi Avenue

EXECUTIVE SUMMARY

New 15 Year Take 5 Ground Lease within King Soopers Anchored Center. 10% Rent Bumps every 5 years, with 5 Five Year renewals after the initial 15 year term. Located in Aurora, CO with a population of 383,309 within a 5 mile radius. Over 38,000 VPD along E Mississippi Avenue
Property has already been subdivided, and rent commenced on 2/15/23

PROPERTY FACTS

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,590 SF
Building Class
B
Year Built
2024
Price
$1,675,104 CAD
Price Per SF
$1,053.52 CAD
Cap Rate
6.38%
NOI
$106,788 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.21 AC

AMENITIES

  • Signage
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Take 5
  • Retailer
  • -
  • -
  • Triple Net
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Take 5 Retailer - - Triple Net -

NEARBY MAJOR RETAILERS

VASA Fitness
King Soopers
Commerce Bank
Rent-A-Center
Chase Bank
Dutch Bros
Starbucks
Huntington National Bank
Noodles & Company
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1975-19-1-48-002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$185,486 CAD
  • Listing ID: 31060865

  • Date on Market: 2024-02-27

  • Last Updated:

  • Address: 1151 Chambers rd, Aurora, CO 80012

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