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Red Robin 1491 S Havana St 7,300 SF Retail Building Aurora, CO 80012 $4,000,000 ($547.95/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- High Traffic Location | Costco Outparcel - Strategically located along South Havana Street (+45,000 VPD), one of East Denver’s most active retail
- Excellent Frontage & Visibility - The property offers strong visibility with over 150-ft of frontage along Havana Street
- Strong Demographic Profile & Recognized Market Momentum - Located in Aurora – one of the fastest growing neighborhoods in Denver
- The site is located on an outparcel to the Costco, which ranks in the top 30th percentile nationwide based on monthly foot traffic
- Top Ranking Foot Traffic - According to AlphaMap, the site boasts over 29,000 monthly visitors per month
- Investment Grade Credit | Passive Cash Flow - Leased to Red Robin International, Inc. (NASDAQ: RRGB), which operates 498 stores across the U.S.
EXECUTIVE SUMMARY
Brayden Conner
License # EC.100099522 (CO)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Accommodation and Food Services
- -
- -
- -
Red Robin Gourmet Burgers, Inc. is a casual dining restaurant chain founded in 1969 that operates through its wholly-owned subsidiary, Red Robin International, Inc., and under the trade name, Red Robin Gourmet Burgers and Brews. Red Robin Gourmet Burgers, Inc. believes nothing brings people together like burgers and fun around their table, and no one makes moments of connection over crave-able food more memorable than Red Robin. They serve a variety of burgers and mainstream favorites to Guests of all ages in a casual, playful atmosphere. In addition to their many burger offerings, Red Robin serves a wide array of salads, appetizers, entrees, desserts, signature beverages and Donatos® pizza at select locations. It's now easy to enjoy Red Robin anywhere with online ordering available for to-go, delivery and catering. There are Red Robin restaurants across the United States and Canada, including those operating under franchise agreements.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Accommodation and Food Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1973-22-1-22-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $605,988 |
PROPERTY TAXES
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Red Robin | 1491 S Havana St
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