5840 E 120th Ave - Service Station FOR SALE


Thornton, CO 80241- Greater Thornton
$8,568,000 USD
5840 E 120th Ave, Thornton, CO for Sale
$8,568,000 USD
Service Station - FOR SALE
1/4
null | 5% Cap Rate

5840 E 120th Ave
Thornton, CO 80241
Greater Thornton


HIGHLIGHTS

  • The tenant is contractually responsible for all operating expenses, including CAM, real estate taxes, insurance, and maintenance of the roof
  • Lease is guaranteed by Kum & Go L.C., a subsidiary of Maverik, one of the nation’s largest convenience store operators with over 800+ locations across
  • Lease includes approximately ±12 years remaining in the primary term, followed by five (5) five-year renewal options
  • Eligible for up to 100% bonus depreciation in Year One under the Accelerated Depreciation Model for gas stations (consult with your CPA)
  • Located in an extremely strong North Denver submarket with $140k average household income within a 1-mile radius of the site and over 200k residents
  • The site ranks in the top 14% in the state of Colorado, and the top 21% nationwide according to AlphaMap. Contact Broker for more details

OVERVIEW

Brayden Conner Matthews Real Estate Investment Services, Inc License # EC.100099522, ER.100106933 (CO) 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550 listings@matthews.com

FOR SALE DETAILS

PRICE

$8,568,000 USD

PRICE/SF

$1,715 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Maverik

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.76 AC

LAND SF

76,666 SF

ZONING

-

APN/PARCEL ID

1721-06-1-17-002

ASK ABOUT THIS PROPERTY

Brayden ConnerMatthews Real Estate Investment ServicesMore Info

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