7381 W Alameda Ave - Restaurant FOR SALE


Lakewood, CO 80226- North Alameda
$5,940,400 USD
303-328-2050
7381 W Alameda Ave, Lakewood, CO for Sale
$5,940,400 USD
Restaurant - FOR SALE
1/6
null | 5% Cap Rate

7381 W Alameda Ave
Lakewood, CO 80226
North Alameda


HIGHLIGHTS

  • Absolute NNN Lease with Approximately 13 Years Remaining on Lease Term
  • Visible to Over 95,000 Cars Per Day via W Alameda Ave and S Wadsworth Blvd
  • 10% Rental Increases Every 5 Years - 5.50% Cap in 2 Years
  • Dense Trade Area in the Denver MSA - ±380,664 Residents in the Surrounding Area
  • Directly Across from Belmar, an Outdoor Dining, Shopping, and Arts District Home to 80+ Stores and Restaurants
  • Centrally Located within a 15-Minute Drive of Downtown Denver, Colorado School of Mines, and Denver Federal Center

OVERVIEW

Torchy’s Tacos was founded in Austin, Texas in 2006 by former corporate chef Michael Rypka, who was inspired by a love for tacos and a passion for experimenting with food to bring an untraditional taco experience to the people of Texas. The City of Lakewood is the fifth-largest city in the state of Colorado, situated within the Denver metropolitan area. Home to the W light rail line, Lakewood offers numerous opportunities for commercial and residential development with easy access to several major freeways.

FOR SALE DETAILS

PRICE

$5,940,400 USD

PRICE/SF

$1,140 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Torchy's Tacos - 13 Yr Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

PD, Lakewood

APN/PARCEL ID

49-114-06-126

ASK ABOUT THIS PROPERTY

Adam LewisMarcus & MillichapMore Info
303-328-2050

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Adam LewisMarcus & MillichapMore Info
303-328-2050

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