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On The Border 8555 S Quebec St 6 076 pi² Commerce de détail Immeuble Highlands Ranch, CO 80130 2 184 544 $ CAD (359,54 $ CAD/pi²) 7,15% Taux de capitalisation
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Absolute NNN Lease with roughly 80+ On the Border locations (60 company-owned, 20 franchised in the U.S. and South Korea) by OTB Acquisition LLC
- Nearby National Tenants: Surrounded by major retailers including Sam's Club, Walmart Supercenter, King Soopers, Kohl's, The Home Depot, Etc.
- High Traffic Counts: Traffic Count along S Quebec St is ±40,000 VPD
- Prime Location: Situated in Highlands Ranch, a high-income and dense residential Denver suburb with strong retail demand.
- Demographics: Affluent and dense trade area with average household income exceeding $153,000 in 1-mile and population exceeding 221,000 in 5-miles.
- Access: Convenient and Easy Access to CO-470 and major commuter routes. Traffic Count on CO-470 is 115,000.
Résumé de l'annonce
On The Border Mexican Grill & Cantina is a nationally recognized casual dining brand specializing in Tex-Mex cuisine. This property offers an investment opportunity with an Absolute NNN lease situated on 2.95 acre parcel, minimal landlord responsibilities, and strong surrounding demographics in one of Denver’s most affluent suburbs.
Highlands Ranch is one of Denver’s most desirable suburbs, known for its affluent population, strong retail presence, and excellent connectivity via C-470. The property benefits from dense residential neighborhoods and proximity to major retail corridors.
Pappas Portfolio: Pappas Restaurants operates Pappasito's Cantina, among several other successful restaurant brands. Pappas Restaurants acquired On The Border through its subsidiary "OTB Acquisition LLC" making Pappas Restaurants a major player in casual Mexican dining. Pappas Restaurants' goal is to invest in and modernize On The Border while keeping its core Tex-Mex identity. The company said it will explore ways to enhance On the Border menu, operations and guest experience to "strengthen and modernize the system." It will not change On the Border's value-driven approach or "lively welcoming environments".
Highlands Ranch is one of Denver’s most desirable suburbs, known for its affluent population, strong retail presence, and excellent connectivity via C-470. The property benefits from dense residential neighborhoods and proximity to major retail corridors.
Pappas Portfolio: Pappas Restaurants operates Pappasito's Cantina, among several other successful restaurant brands. Pappas Restaurants acquired On The Border through its subsidiary "OTB Acquisition LLC" making Pappas Restaurants a major player in casual Mexican dining. Pappas Restaurants' goal is to invest in and modernize On The Border while keeping its core Tex-Mex identity. The company said it will explore ways to enhance On the Border menu, operations and guest experience to "strengthen and modernize the system." It will not change On the Border's value-driven approach or "lively welcoming environments".
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
6 076 pi²
Classe d’immeuble
B
Année de construction
1995
Prix
2 184 544 $ CAD
Prix par pi²
359,54 $ CAD
Taux de capitalisation
7,15%
Revenu net d’exploitation
156 137 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,05
Taille du lot
2,95 AC
Zonage
PDU - “PD” Planned Development District; within “PA-73” (Planning Area 73) of the Highlands Ranch Planned Development—Town Center Planning Area.
Stationnement
149 places (24,52 places par 1 000 pi² loué)
Façade
Commodités
- Visibilité de l'autoroute
- Restaurant
Walk Score®
Très pratique à pied (76)
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 2231-051-02-019 | Évaluation des bâtiments | 214 039 $ CAD |
| Évaluation du terrain | 522 994 $ CAD | Évaluation totale | 737 033 $ CAD |
Impôts fonciers
Numéro de lot
2231-051-02-019
Évaluation du terrain
522 994 $ CAD
Évaluation des bâtiments
214 039 $ CAD
Évaluation totale
737 033 $ CAD
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On The Border | 8555 S Quebec St
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