18900 Lincoln Ave - Fast Food FOR SALE


Parker, CO 80134
$2,273,000 USD
513-300-0763
18900 Lincoln Ave, Parker, CO for Sale
$2,273,000 USD
Fast Food - FOR SALE
1/10
null | 5.5% Cap Rate

18900 Lincoln Ave
Parker, CO 80134


HIGHLIGHTS

  • BRAND NEW ABSOLUTE NNN GROUND LEASE: Brand new 20-year Absolute NNN Ground lease (conveying ownership - underlying ground only)
  • TENANT Rocky Mountain Custard, LLC owns & operates 6 locations (including Parker, CO)
  • BRAND NEW CONSTRUCTION: New, build-to-suit construction of Andy's Frozen Custard newest prototype with a 9-car stack drive-thru
  • TRAFFIC COUNTS: Positioned on a ±0.92-acre lot, with excellent visibility/access with traffic counts of 34,856 CPD!
  • EXTREMELY 2024 AFFLUENT DEMOS: Historic Annual Growth: (2010-2020) 3.5% | Average Household Income: $176,007

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,273,000 USD

PRICE/SF

$1,087 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

PD

APN/PARCEL ID

2233-152-16-011

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

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