Single-Tenant Absolute NNN

Thornton, CO 8026052 W. 84th Ave.

Property Type: Retail
Sold/Closed

Details

  • Price: $8,327,000
  • Cap Rate: 5.40%
  • GRM: N/A
  • Cost per SF: $2,056.05
  • Cost per unit: N/A
  • Year Built: 2023
  • Square Footage: ± 4,050
  • Lot Size: ± 52,707 SF
  • Units: N/A
  • No. Stories: N/A
  • Parking: N/A
  • Transaction Type: Sold/Closed
  • Property Type: Retail
  • Zoning: N/A
  • Building Class: N/A
  • APN/Parcel ID: N/A
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Property Description

52 W 84th Ave. presents this 7-Eleven corporate gas station & convenience store. A high-competence investment structured for long-term income and growth. With a 15-year absolute NNN lease backed by 7-Eleven, a leading national brand, this property offers reliable, hands-free income, ensuring stability for the duration of the lease. As a corporate-owned site, it comes with the security of a major tenant in a lease structure designed to require no landlord oversight, appealing to investors seeking a passive income.

The property also includes a Loredo Taco restaurant, enhancing its value with an additional revenue stream that attracts a loyal customer base. The site’s strategic setup offers multiple income avenues within a single investment, creating a robust financial foundation. Investors will appreciate the four optional five-year lease extensions and scheduled 7.5% rental increases, which provide built-in financial growth, aligning with both immediate income needs and long-term financial planning.

Situated at 52 W 84th Ave in Adams County, the location benefits from high visibility and accessibility, positioned minutes outside the Denver MSA and directly off the busy I-25 corridor. This high-traffic site captures a mix of daily commuters and highway travelers, drawing consistent foot traffic that benefits both the convenience store and gas station. As Denver continues to grow, its proximity to key metropolitan areas further strengthens its appeal, making it an investment position for flexibility and success in any market climate.

Adams County itself is in one of Denver’s prime growth corridors, with a robust population density and a rapidly expanding economy. Known for its active development, increasing job market, and demand for essential services, the area provides an ideal environment for a property like this 7-Eleven.

Property Highlights

+ New construction 7-Eleven corporate gas station & C-store
+ 15-year Absolute NNN lease, (4) 5-year options
+ Lease features a 7.5% rental increase every 5-years
+ The site features 7-Eleven’s new QSR Loredo Taco
+ Prime location off I-25, minutes from Denver MSA. high-traffic corridor
+ Offer at an attractive 5.25% cap rate
+ 4,050 total building square footage, situated on 1.21 Acres

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