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7-ELEVEN STRIP CENTER | NNN LEASES 8002 Chase Dr 6,962 SF Retail Building Arvada, CO 80003 $4,756,348 CAD ($683.19 CAD/SF) 6.50% Cap Rate
Investment Highlights
- 7-Eleven Anchored 3-Tenant Strip Center featuring NNN Leases and Increases throughout the Initial Term. 45+ Year Historical Occupancy for 7-Eleven.
- Features Easy Access and Excellent Visibility with Daily Combined Traffic Counts Exceeding 28k Vehicles. Near U.S. Route 36 (129k+ VPD).
- Arvada is a thriving Denver Suburb known for its historic Olde Town, Vibrant Community Events, and proximity to the Rocky Mountains.
- Recent 15 Year Lease Extension Demonstrates a Strong Commitment to the Location. Below Market Rent for LaGuardia Liquor & Enrico's Deli.
- Densely Populated and Affluent Denver Suburb: Features an Average Household Income of more than $99k and over 332k People Residing within 5-Miles.
- In Close Proximity to Numerous National Retailers including Target, Safeway, Walmart Supercenter, Sprouts Farmers Market, Lowe's and Costco.
Executive Summary
7-Eleven Strip Center | NNN Leases | 7-Eleven Recently Extended Term 15 Years | 45+ Year Historical Occupancy | Signalized Hard Corner Location | Densely Populated and Affluent Area | One of the Fastest Growing Areas w/in the Denver Metro Area | Adjacent to a King Soopers Anchored Retail Center | Near U.S. Route 36
Colorado Broker of Record: Adam Lewis | 1144 15th St., Suite 2150 Denver, CO 80202 | P: (303) 328-2000 | Lic #: ER.100091205 | Firm Lic #: EC. 100048709 | AdamlewisBOR@mmreis.com
Colorado Broker of Record: Adam Lewis | 1144 15th St., Suite 2150 Denver, CO 80202 | P: (303) 328-2000 | Lic #: ER.100091205 | Firm Lic #: EC. 100048709 | AdamlewisBOR@mmreis.com
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,962 SF
Building Class
C
Year Built/Renovated
1976/2023
Price
$4,756,348 CAD
Price Per SF
$683.19 CAD
Cap Rate
6.50%
NOI
$309,161 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.65 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- 7-Eleven Strip Center
- Retailer
- 6,962 SF
- -
- Triple Net
- Dec 2044
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| 7-Eleven Strip Center | Retailer | 6,962 SF | - | Triple Net | Dec 2044 |
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
20/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 29-254-14-013 | Improvements Assessment | $437,418 CAD |
| Land Assessment | $190,863 CAD | Total Assessment | $628,281 CAD |
Property Taxes
Parcel Number
29-254-14-013
Land Assessment
$190,863 CAD
Improvements Assessment
$437,418 CAD
Total Assessment
$628,281 CAD
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7-ELEVEN STRIP CENTER | NNN LEASES | 8002 Chase Dr
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