8655 E. Arapahoe Road
Englewood, CO 80112 ·
2,400 SF · Retail For Sale
Papa Johns of Greenwood Village
|Building Size||2,400 SF||Cap Rate||7.28%|
|Property Sub-type||Free Standing Bldg||Tenancy||Single|
|Property Use Type||Net Lease Investment with 4 years left on lease||Lot Size||11,400 SF|
|Listing ID: 16530705||Date Created: 01/13/2010||Last Updated: 03/04/2010|
This corporate backed Papa Johns (nnn lease) is truly on main and main in the heart of Greenwood Village, a high income, huge employment base area. With over 65,000 CPD at the intersection and amazing visibility being on the hard corner, Papa Johns has enjoyed success while extending their lease recently. Within walking distance, you'll find over 1 million square feet of higher end office, as well as Office Depot, Starbucks, Red Robin, McDonlads, Taco Bell, Fiddler's Amphitheatre, Barnes and Noble, Safeway, Chase, GNC, Jamba Juice, and many others. This investment also features approximate incomes of $100k within 1 mile and over 100,000 residents within a 5 mile radius. At a 7.28% cap with annual increase in rent, the astute investor will appreciate this tremendous opportunity to aquire a unique piece of quality real estate. The sq. ft of building and lot are approximate and should be checked by Buyer.
On the hard, highly visible corner of Arapahoe Road and Yosemite Street. Within walking distance to the Arapahoe Station Light Rail Stop, Coors Amphitheatre, and the 25 highway. This location is amazing!!!
- Prime Location - Singalized corner
- Busy Intersection - great signage
- Corporate Guaranty with annual $1200.00 increases.
- Huge employment base
- One of a kind trophy real estate in the heart of it all
- next to highways, retail, office and luxury homes
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