21597 E Quincy Ave - Restaurant FOR SALE


Aurora, CO 80015- Outer Aurora
$5,467,000 USD
720-528-6308
21597 E Quincy Ave, Aurora, CO for Sale
$5,467,000 USD
Restaurant - FOR SALE
1/3
null | 3.75% Cap Rate

21597 E Quincy Ave
Aurora, CO 80015
Outer Aurora


HIGHLIGHTS

  • Brand new 15-year ground lease with seven (7) 5-year renewal options and contractual rent increases through initial term and option periods
  • Best-in-Category Corporate Backed Tenancy
  • Strong shadow anchor by Walmart Neighborhood Market, drawing 1.2 million visits to the center

OVERVIEW

CBRE National Retail Partners - Mountain is pleased to exclusively offer a single-tenant, new construction Chick-fil-A at Tallgrass located in metro Denver, Colorado. The offering is inclusive of a 15-year absolute triple net ground lease with seven (7) 5-year renewal options. The lease is corporately secured by Chick-fil-A, Inc. The Offering features a brand new 4,987 square foot freestanding facility on a 2.06 acre site with two drive-thru lanes, built exclusively for Chick-fil-A in 2025. Chick-fil-A at Tallgrass is ideally positioned in a high barrier to entry location at the hard corner signalized intersection at East Quincy Avenue, a main east/west thoroughfare in the Southeast Denver MSA trade area, and South Picadilly Road. Chick-fil-A at Tallgrass benefits from an oversized site and premier visibility with traffic volumes of over 21,500 vehicles per day. Surrounded by high density neighborhoods, 110,800 residents and a daytime population of 67,506 within a 3 mile radius, Chick-fil-A at Tallgrass is strategically situated over 4 miles from the next nearest restaurant in the chain. Family owned since its founding in 1967, Chick-fil-A® is the largest quick-service chicken restaurant chain in the nation. Chick-fil-A has grown over the years to over 3,236 locations across the U.S. and 20 locations in Canada. Chick-fil-A at Tallgrass is being offered free and clear of existing debt on an “As-Is/Where Is” basis.

FOR SALE DETAILS

PRICE

$5,467,000 USD

PRICE/SF

$1,096 USD /SF

CAP RATE

3.75%

% LEASED

-

TENANCY

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A at Tallgrass

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

2073-02-4-26-001

ASK ABOUT THIS PROPERTY

Matt HenrichsCBRE, Inc.More Info
720-528-6308

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Matt HenrichsCBRE, Inc.More Info
720-528-6308

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