11090 Colorado Blvd
Thornton, CO 80233
Conoco Gas Station · Retail Property For Sale

• Seasoned Operating History The tenant has proudly operated at this location since the site’s inception in 1983, boasting a 35 year track record. • Below Market Rent Conoco is paying an extremely low rental rate on the ground lease, creating low overhead for the tenant. • Low Price Point Investors have a unique opportunity to purchase a quality asset and national tenant at a small and convenient price point. • Absolute Net (NNN) Investment This property is subject to an Absolute Net (NNN) ground lease, providing a passive Landlord investment. • Rental Growth The lease is subject to a 9% rental increase in the option period, providing an investor with a positive hedge against inflation. • Growing Market Thornton has benefited from double-digit population growth in the past decade and has seen extensive development with national tenants. • Car Wash This property benefits from having an additional drive-thru car wash, increasing the value of the asset. • Strategic Positioning Conoco is located within walking distance of the Margaret W. Carpenter Recreation Center and the Grange Creek housing community, adding additional foot traffic to the convenience store component of the asset. • Highly Trafficked Location Over 26,000 vehicles travel in front of Conoco each