$3,299,000 USD
480-531-0369
NEC 55th Ave & Olde Wadsworth Blvd
Arvada, CO 80002
Downtown Arvada
HIGHLIGHTS
- Strategically located with access to two key thoroughfares, including Wadsworth Bypass (CO-121), seeing ±70,000 VPD and an on/off exit for I-70
- Property neighbors notable national retailers including Costco Wholesale, Sam’s Club, Lowe’s, Home Depot, Chick-fil-A, Harkins Theatres, & many others
- The area is home to over ±320,000 residents within a 5-mile radius, with an average household income of nearly $108,000
OVERVIEW
TEXAS ROADHOUSE | Absolute Net Ground Lease | Zero Landlord Responsibilities
15 YEAR PRIMARY TERM | Corporate Guarantee | 2025 Construction
STRONG RENT GROWTH | 2% Annual Increases Starting in Year 6
LONG TERM HISTORY | Tenant has Operated at an Adjacent Location for More Than 20 Years | Tenant is Relocating
to Maximize Customer Base and Up-Size to ±9,200 SF
FOR SALE DETAILS
PRICE
$3,299,000 USD
PRICE/SF
$359 USD /SF
CAP RATE
4.85%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Texas Roadhouse
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
39-141-03-022
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
480-531-0369
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
480-531-0369
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
