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Investment Highlights
- 9 Years Of WALT Remaining | Options To Extend | Scheduled Rental Increases | Below Market Rents
- E Colfax Avenue (30,000 VPD) | East Colfax Urban Renewal Area
- NNN Leases | Fee Simple & Leased Fee Ownership | Minimal Landlord Responsibilities
- Strong Demographics In The Immediate Trade Area
Executive Summary
SRS Capital Markets is pleased to present the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased AutoZone and the fee simple interest (land and building ownership) in a NNN leased Stoner’s Pizza Joint located in Denver. The asset offers more than 9 years of weighted average lease term (WALT) remaining. Both leases include scheduled rental increases throughout the initial terms and option periods, providing consistent NOI growth and a hedge against inflation. The AutoZone lease is structured as absolute NNN with zero landlord responsibilities, while the Stoner’s Pizza Joint lease is NNN, creating an attractive low-management investment opportunity for passive investors. AutoZone is one of the world’s largest automotive parts retailers, operating more than 7,700 locations throughout the U.S., Mexico, and Brazil. Stoner’s Pizza Joint is an expanding pizza concept with over 60 locations nationwide.
Property Facts
| Price | $4,044,117 CAD | Number of Properties | 2 |
| Price / SF | $244.58 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 5.15% | Total Building Size | 16,535 SF |
| Sale Type | Investment | Total Land Area | 1.73 AC |
| Status | Active |
| Price | $4,044,117 CAD |
| Price / SF | $244.58 CAD / SF |
| Cap Rate | 5.15% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,535 SF |
| Total Land Area | 1.73 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 4565 E Colfax Ave, Denver, CO 80220 | Retail | 9,310 SF | 1991 | - |
| 4585 E Colfax Ave, Denver, CO 80220 | Retail | 7,225 SF | 1991 | - |
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4565 & 4585 E Colfax Ave
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