Andy’s has a Brand new 20-year Absolute NNN Ground lease (conveying ownership - underlying ground only). The Tenant, Rocky Mountain Custard, LLC owns & operates 6 locations (including Parker, CO. It is a New, build-to-suit construction of Andy's Frozen Custard newest prototype with a 9-car stack drive-thru.
The Asset is Across the street from Lowe’s & Murdoch Ranch & House Supply; major retailers in Parker include Target, Walmart, Costco, Home Depot, Hobby Lobby, Kohl’s, Sportsman’s Warehouse, Best Buy, Maurices, Safeway, King Scooper’s Marketplace, Trader Joe’s, Natural Grocers, Michaels, Dollar Tree, PetSmart, Office Depot, Five Below, Sally Beauty, Goodwill, Planet Fitness, 24 Hour Fitness. Andy’s is 18 miles from University of Denver (DU) - a private research university offering over 300 academic programs, home to 10 schools & colleges, serving 13,384 students; 23 miles from Metropolitan State University of Denver (MSU Denver) - a public university offering various undergraduate & graduate programs, home to 6 schools & colleges, with a total enrollment of 17,505 students; 1.5 miles from AdventHealth Parker - a 179-bed hospital offering patients access to more than 55 medical specialties