Offering Memorandum
- Brand New 20-Year Absolute Triple-Net Lease With 4x5-Year Options And 10% Increase Every 5 Years
- Experienced Franchisee - KMG Double Cheese, LLC Operator Of 10 Freddy’s Locations In Colorado & Florida
- 60,000+ VPD At Heavily Trafficked Intersection Of Woodmen Rd & Meridian Rd
- Proximity To Walmart Supercenter, Safeway & Multiple National Retailers
- Located In The Booming Town Of Falcon, CO - 200%+ Population Growth Since 2010
- Outparcel To New Construction 123,000 SQFT King Soopers Marketplace Anchored Shopping Center - Larger Format King Sooper Store Selling Clothes And Home Goods In Addition To Groceries Is Expected To Open In Winter 2023.
- Price: $2,727,000
- Lot Size: .78 AC
- Cap Rate: 5.50%
- Lease Type: Absolute NNN
- Year Built: 2023
- Building SF: 3030
- Status: Sold
- Guarantor: Franchisee Guarantee