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Take 5 Ground Lease 1151 Chambers rd 1,590 SF Retail Building Aurora, CO 80012 $1,200,000 ($754.72/SF) 6.38% Cap Rate

Investment Highlights
- New 15 Year Take 5 Ground Lease within King Soopers Anchored Center
- Located in Aurora, CO with a population of 383,309 within a 5 mile radius
- Property has already been subdivided, and rent commenced on 2/15/23
- 10% Rent Bumps every 5 years, with 5 Five Year renewals after the initial 15 year term
- Over 38,000 VPD along E Mississippi Avenue
Executive Summary
New 15 Year Take 5 Ground Lease within King Soopers Anchored Center. 10% Rent Bumps every 5 years, with 5 Five Year renewals after the initial 15 year term. Located in Aurora, CO with a population of 383,309 within a 5 mile radius. Over 38,000 VPD along E Mississippi Avenue
Property has already been subdivided, and rent commenced on 2/15/23
Property has already been subdivided, and rent commenced on 2/15/23
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
1,590 SF
Building Class
B
Year Built
2024
Price
$1,200,000
Price Per SF
$754.72
Cap Rate
6.38%
NOI
$76,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.21 AC
Amenities
- Signage
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Take 5
- Retailer
- -
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Take 5 | Retailer | - | - | Triple Net | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 1975-19-1-48-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $227,340 |
Property Taxes
Parcel Number
1975-19-1-48-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$227,340
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Take 5 Ground Lease | 1151 Chambers rd
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