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10140 Grant St 3,576 SF Retail Building Thornton, CO 80229 $2,200,000 ($615.21/SF) 6% Cap Rate
Executive Summary
We are pleased to present the opportunity to purchase a Dairy
Queen location in Thornton, Colorado. The absolute NNN lease expires in
May 2035 with 10% increases every 5 years with the next increase in 2030
and two, 5 year renewal options. The building consists of 3,576 square feet
situated on a 70,239 square foot lot. The asset is located strategically across
the street from Thownton Town Center, a 361,323 square foot Power Center
including major retailers The Home Depot, Walmart, Game Stop, GNC &
Starbucks. This Dairy Queen benefits from its location to nearby Highway 25
which carries over 154,866 vehicles per day and dense demographics in the
area (159,336 residents within a 5-mile radius). Neighboring retailers include
Buffalo Wild Wings, Old Chicago Pizza + Taproom, McDonald's, New Asian
Express, Tires Plus, Firehouse Subs & more.
Queen location in Thornton, Colorado. The absolute NNN lease expires in
May 2035 with 10% increases every 5 years with the next increase in 2030
and two, 5 year renewal options. The building consists of 3,576 square feet
situated on a 70,239 square foot lot. The asset is located strategically across
the street from Thownton Town Center, a 361,323 square foot Power Center
including major retailers The Home Depot, Walmart, Game Stop, GNC &
Starbucks. This Dairy Queen benefits from its location to nearby Highway 25
which carries over 154,866 vehicles per day and dense demographics in the
area (159,336 residents within a 5-mile radius). Neighboring retailers include
Buffalo Wild Wings, Old Chicago Pizza + Taproom, McDonald's, New Asian
Express, Tires Plus, Firehouse Subs & more.
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,576 SF
Building Class
B
Year Built
1988
Price
$2,200,000
Price Per SF
$615.21
Cap Rate
6%
NOI
$132,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
8.13 AC
Parking
20 Spaces (5.59 Spaces per 1,000 SF Leased)
Frontage
298’ on Grant St
Amenities
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Walk Score®
Very Walkable (79)
Nearby Major Retailers
Property Taxes
| Parcel Number | 1719-15-1-02-012 | Improvements Assessment | $1,562,130 |
| Land Assessment | $973,470 | Total Assessment | $2,535,600 |
Property Taxes
Parcel Number
1719-15-1-02-012
Land Assessment
$973,470
Improvements Assessment
$1,562,130
Total Assessment
$2,535,600
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10140 Grant St
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