7381 W Alameda Ave - Restaurant FOR SALE


Lakewood, CO 80226- North Alameda
$4,950,000 USD
303-328-2050
7381 W Alameda Ave, Lakewood, CO for Sale
$4,950,000 USD
Restaurant - FOR SALE
1/6
null | 6% 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 - 6.60% 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 (±8,050 Students), & Denver Federal Center (±623 Acre Campus)

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

$4,950,000 USD

PRICE/SF

$950 USD /SF

CAP RATE

6%

% 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

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

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

Adam LewisMarcus & MillichapMore Info
303-328-2050

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