Blue West Capital is pleased to offer for sale a single-tenant Starbucks located within the brand-new “Dos Rios” master-planned community in Grand Junction, CO.
Starbucks will operate on a long-term double-net (NN) lease offering stable income with limited landlord responsibilities. The lease features above market 10% rental increases every five years throughout the primary term and four, five-year options. Starbucks’ built-to-suit design features a wrap-around drive-thru and expansive patio space on its oversized 1.36-acre parcel.
Dos Rios is uniquely positioned between Downtown Grand Junction and the Colorado River and riverfront trail system. The Dos Rios development spans across 58 acres at the Confluence of the Colorado and Gunnison Rivers. Once fully developed, Dos Rios will feature 20,000 square feet of retail, 20,000 of non-profit office space with a preschool, 140+ townhomes, 230+ multifamily units, 70+ condo units, 150+ key hotel and 15 acres of parks and open space. Grand Junction is the largest city in western Colorado with over 70,000 residents and year-round tourism due to its temperate climate, economic opportunity, and endless outdoor recreation activities.