9185 Crown Crest Blvd - Fast Food FOR SALE
Parker, CO 80138 |
$4,105,500 USD
720-604-2220
9185 Crown Crest Blvd
Parker, CO 80138
HIGHLIGHTS
- Brand-new ground lease with over 15 years remaining
- Rare 12% rental increases every five years
- Absolute triple net ground lease with zero landlord responsibilities
- Extremely rare and favorable renewal option structure of two 10-year periods
- Shake Shack generates $4M+/- in average unit volume (AUV), ranking amongst the highest-grossing QSR and fast casual concepts in the U.S.
- Corporate guaranty from Shake Shack (SSE Holdings, LLC)
FOR SALE DETAILS
PRICE
$4,105,500 USD
PRICE/SF
$1,182 USD /SF
CAP RATE
4.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Shake Shack
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
22
LAND DETAILS
CROSS STREETS
S Parker Rd
LAND ACRES
1.2 AC
LAND SF
52,098 SF
ZONING
PD, Parker
APN/PARCEL ID
2233-102-13-024
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720-604-2220
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720-604-2220
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