Offering Memorandum
Highlights
- 20-Year Sale Leaseback with 10% Rent Increases every 5 Years and 4 x 5-Year Options
- Multi-Facet Service Station - 8 Pumps, Convenience Store, U-Haul Neighborhood Dealer, and Food Truck Providing Multiple Streams of Income and Visitation to the Tenant
- The Subject Property is a “Top 100 U-Haul Dealership” - Ranking within the Top 2% of all U-Hail Neighborhood Dealers Nationwide
- Subject Property Ranks as a Top 5 Location for Lottery Tickets in the State of Colorado
- Guaranteed by Experienced 3-Unit Service Station Operator
- Adjacent to Heavily Traveled Intersection of Alameda & Sheridan - 63k+ Combined VPD
- Price: $2,835,000
- Lot Size: 0.28 AC
- Cap Rate: 8.0%
- Lease Type: Absolute Triple Net Sale-Leaseback
- Year Built: 1972
- Building SF: 12,088 SF
- Status: Active
- Guarantor: Franchisee - Colorado One LLC