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5840 E 120th Ave
Thornton, CO 80241 Greater Thornton

$8,568,000 USD

Fast Food For Sale  •  5,000 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 5,000 SF
  • Lot Size 2.37 AC
  • Year Built 2014
  • Cap Rate 5.00 %
30 Transit Score
30 Walk Score

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
Cap Rate: 5.00 %

Green Rating

LEED Certified

Major Tenants

Tenant SF Occupied Lease End Date
Krause Group

Public Transportation

Commuter RailDriveWalkDistance
6 min - 2.6 mi
6 min - 2.7 mi
AirportDriveWalkDistance
Denver International 29 min - 21.5 mi
Preston Schwartz 972-533-2144 Matthews Real Estate Investment Services
Preston Schwartz 972-533-2144 Matthews Real Estate Investment Services