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Absolute NNN Ground Lease Burger King 15340 E Hampden Ave 3,129 SF Retail Building Aurora, CO 80013 $2,205,000 ($704.70/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- 32-Unit Franchisee
- Absolute NNN Ground Lease
EXECUTIVE SUMMARY
Mahoney & Associates is pleased to offer for sale the STNL Burger King located at 15340 E. Hampden Avenue in Aurora, Colorado. This freestanding, drive-thru restaurant is situated on a highly visible corner at the signalized intersection of E. Hampden Avenue and S. Chambers Road, one of Aurora’s busiest retail corridors with traffic counts exceeding 70,000 vehicles per day. Burger King has occupied the property for over 30 years, illustrating a strong commitment to the site. The franchisee/Tenant is Ocedon Restaurant Management, LLC, which owns and operates 32 Burger Kings in Colorado. The property features excellent ingress and egress, ample parking, and strong surrounding demographics within a densely populated trade area. Aurora, part of the thriving Denver metro region, continues to experience robust population and economic growth driven by major employers such as UCHealth Anschutz Medical Campus and Buckley Space Force Base. This offering provides investors with the opportunity to acquire a well-positioned asset with a nationally recognized tenant in a high-traffic location, supported by strong fundamentals and long term market stability.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,129 SF
Building Class
B
Year Built/Renovated
1997/2014
Price
$2,205,000
Price Per SF
$704.70
Cap Rate
6%
NOI
$132,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.71 AC
Zoning
PUD, Aurora
Parking
75 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signalized Intersection
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- Dec 2033
Burger King is known for serving high-quality, great-tasting, and affordable food. Founded in 1954, Burger King is the second largest fast food hamburger chain in the world. The original Home of the Whopper, their commitment to premium ingredients, signature recipes, and family-friendly dining experiences is what has defined their brand for many successful years.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Accommodation and Food Services | - | - | Dec 2033 |
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2073-05-2-20-006 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $519,498 |
PROPERTY TAXES
Parcel Number
2073-05-2-20-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$519,498
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Absolute NNN Ground Lease Burger King | 15340 E Hampden Ave
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