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Shops at Tallgrass 21597 E Quincy Ave 4,987 SF 58% Leased Retail Building Aurora, CO 80015 $7,099,355 CAD ($1,423.57 CAD/SF) 4% Cap Rate
Investment Highlights
- Attractive Absolute NNN Ground Lease Structure with Renewal Options - Brand new 15 year lease term with seven 5-year renewal options
- Irreplaceable Real Estate Fundamentals - Large 2.06 acre site within a trade close to being completely built-out
- Best-in-Category Corporate Backed Tenancy - Chick-fil-A, Inc., a private, family-owned company
Executive Summary
CBRE National Retail Partners - Mountain is pleased to exclusively offer a single-tenant, new construction Chick-fil-A at Tallgrass located in metro Denver, Colorado. The offering is inclusive of a 15-year absolute triple net ground lease with seven (7) 5-year renewal options. The lease is corporately secured by Chick-fil-A, Inc.
The Offering features a brand new 4,987 square foot freestanding facility on a 2.06 acre site with two drive-thru lanes, built exclusively for Chick-fil-A in 2025. Chick-fil-A at Tallgrass is ideally positioned in a high barrier to entry location at the hard corner signalized intersection at East Quincy Avenue, a main east/west thoroughfare in the Southeast Denver MSA trade area, and South Picadilly Road. Chick-fil-A at Tallgrass benefits from an oversized site and premier visibility with traffic volumes of over 21,500 vehicles per day.
Surrounded by high density neighborhoods, 110,000 residents and a daytime population of 68,000 within a 3-mile radius, Chick-fil-A at Tallgrass is strategically situated over four miles from the next nearest restaurant in the chain.
Family owned since its founding in 1967, Chick-fil-A® is the largest quick service chicken restaurant chain in the nation. Chick-fil-A has grown over the years to over 3,236 locations across the U.S. and 20 locations in Canada.
Chick-fil-A at Tallgrass is being offered free and clear of existing debt on an “As-Is/Where Is” basis.
The Offering features a brand new 4,987 square foot freestanding facility on a 2.06 acre site with two drive-thru lanes, built exclusively for Chick-fil-A in 2025. Chick-fil-A at Tallgrass is ideally positioned in a high barrier to entry location at the hard corner signalized intersection at East Quincy Avenue, a main east/west thoroughfare in the Southeast Denver MSA trade area, and South Picadilly Road. Chick-fil-A at Tallgrass benefits from an oversized site and premier visibility with traffic volumes of over 21,500 vehicles per day.
Surrounded by high density neighborhoods, 110,000 residents and a daytime population of 68,000 within a 3-mile radius, Chick-fil-A at Tallgrass is strategically situated over four miles from the next nearest restaurant in the chain.
Family owned since its founding in 1967, Chick-fil-A® is the largest quick service chicken restaurant chain in the nation. Chick-fil-A has grown over the years to over 3,236 locations across the U.S. and 20 locations in Canada.
Chick-fil-A at Tallgrass is being offered free and clear of existing debt on an “As-Is/Where Is” basis.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,987 SF
Building Class
B
Year Built
2025
Price
$7,099,355 CAD
Price Per SF
$1,423.57 CAD
Cap Rate
4%
NOI
$283,974 CAD
Percent Leased
58%
Tenancy
Multiple
Building Height
1 Story
Amenities
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Chick-fil-A began in 1946 when Truett Cathy opened Dwarf Grill in Georgia. The original restaurant pioneered the chain's famous chicken sandwich. Over decades, the company expanded across the United States and into Canada while maintaining its signature menu. Today, the brand operates numerous locations nationwide while staying closed on Sundays. Their business model focuses on quick-service restaurants and licensed catering services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 2,075 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,075 SF | Retail | - | Now |
1st Floor
| Size |
| 2,075 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2073-02-4-26-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $698,372 CAD |
Property Taxes
Parcel Number
2073-02-4-26-001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$698,372 CAD
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Shops at Tallgrass | 21597 E Quincy Ave
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