272 Linden Ave - Fast Food FOR SALE


Grand Junction, CO 81503
$1,700,000 USD
303-921-7902
272 Linden Ave, Grand Junction, CO for Sale
$1,700,000 USD
Fast Food - FOR SALE
1/9
null | 5.16% Cap Rate

272 Linden Ave
Grand Junction, CO 81503


HIGHLIGHTS

  • Absolute NNN lease structure with no landlord obligations for maintenance, taxes, or insurance.
  • Located in a growing market with stable economic fundamentals and strong consumer demand.
  • Long-term stability with 11.8 years remaining and options for additional 10-year extensions supported by scheduled 10% rent escalations.
  • Recently renovated building featuring a drive-thru, contemporary design, and excellent street visibility.
  • Situated near US Hwy 6 with proximity to Colorado Mesa University, retail amenities, and dense residential areas.
  • Single-tenant commitment from Dairy Queen, a globally recognized and established QSR brand.

OVERVIEW

This offering presents an opportunity to acquire a fee-simple interest in a single-tenant property leased to Dairy Queen under an absolute NNN structure in the growing market of Grand Junction, Colorado. The asset sits on 0.65 acres with a contemporary building design that includes a drive-thru and ample parking. With zero landlord responsibilities, investors benefit from a truly passive income stream. The property is leased on a 20-year term that commenced in March 2018, providing 11.8 years of remaining primary term and supported by attractive 10-year renewal options. Rental income features structured 10% increases every five years, driving long-term value and inflation protection. Located just off US Highway 6 near Colorado Mesa University, major retail corridors, and established neighborhoods, the site offers visibility and accessibility in a stable regional hub for education, healthcare, and energy. Grand Junction continues to experience population and employment growth, supported by key industries and infrastructure. Coupled with a strategic location and strong national branding from Dairy Queen, this property offers both security and long-term upside for net lease investors.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$545 USD /SF

CAP RATE

5.16%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,500 SF

ZONING

B-2

APN/PARCEL ID

2945-261-28-009

ASK ABOUT THIS PROPERTY

Dave DrahnColdwell Banker Commercial RealtyMore Info
303-921-7902

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Dave DrahnColdwell Banker Commercial RealtyMore Info
303-921-7902

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