16846 Auburn Hills dr - Convenience Store FOR SALE


Parker, CO 80134
$3,750,000 USD
858-558-5670
16846 Auburn Hills dr, Parker, CO for Sale
$3,750,000 USD
Convenience Store - FOR SALE
1/3
null | Request Cap Rate

16846 Auburn Hills dr
Parker, CO 80134


HIGHLIGHTS

  • STRATEGICALLY LOCATED AT THE SIGNALIZED HARD CORNER INTERSECTION ALONG MAIN RETAIL AND TRAFFIC CORRIDOR
  • PROMINENT RETAIL LOCATION ADJACENT TO FLATACRES MARKETCENTER / PARKER PAVILIONS
  • HIGHLY AFFLUENT & DENSELY POPULATED TRADE AREA PROVIDING FOR DIRECT RESIDENTIAL CONSUMER BASE
  • ADJACENT TO NEWLIN CROSSING DEVELOPMENT
  • CLOSE PROXIMITY TO PARKER VALLEY CENTER
  • EASILY ACCESSIBLE VIA E-470, STATE HIGHWAY 83 (PARKER ROAD) & LINCOLN ROAD

OVERVIEW

Finished in 2025, a 5,200 square foot free-standing Circle K convenience store (open 24 Hrs. with beer & wine License) with gas station (7 MPD’s & 14 Fueling Positions) situated on 1.60 acres. Circle K’s 20-year lease expires in September of 2043, leaving approximately 18.75 years remaining on the initial lease term. Absolute NNN Ground Lease - Zero landlord responsibilities for operating or capital expenses Corporate Backed Long-Term Lease – Circle K Stores, Inc., signed a new 20-year lease in 2023 leaving approximately 18.75 years remaining on the ?rm lease term Attractive Rent Increases – Lease features 5% rent increases every 5 years in the remaining primary term and options, providing a hedge against in?ation Investment Grade Credit – Circle K is rated “BBB” investment grade by Standard & Poor’s Large Format Circle K – (open 24 HRS) with Beer & Wine License - 1.60-acre site with 14 fueling stations and 20 parking stalls Circle K is the Largest Chain of Company-Owned Convenience Stores in the United States – over 7,230+ stores (14,800 Stores Worldwide) in 48 U.S. states with annual revenues for Alimentation Couche-Tard exceeding 69.3 Billion in 2024

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$721 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

-

APN/PARCEL ID

2233-204-23-004

ASK ABOUT THIS PROPERTY

Blake TagmyerCushman & WakefieldMore Info
858-558-5670

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Blake TagmyerCushman & WakefieldMore Info
858-558-5670

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.