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9185 Crown Crest Blvd
Parker, CO 80138

$4,105,500 USD

Fast Food For Sale  •  2,798 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,473 SF
  • Lot Size 1.2 AC
  • Building Class B
  • Year Built 2015
  • Cap Rate 4.75 %
  • Tenancy Single
  • Zoning PD, Parker
30 Transit Score
40 Walk Score

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)

Property Flyers

Cap Rate: 4.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Shake Shack

Amenities

  • Banking
  • Corner Lot
  • Restaurant
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Denver International 32 min - 28.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 22
Type: Surface
Included in Rent: Yes
Zach Wright 720-604-2220 The Boulder Group
Zach Wright 720-604-2220 The Boulder Group