1998 S Kipling Pky | Denver, CO 80227
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1998 S Kipling Pky
Denver, CO 80227
Burger King · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Tenant operates under an absolute NNN lease with no landlord responsibilities whatsoever, insulating a buyer from potential increases in capital
- With approximately 14 years remaining on the lease, and fixed 10% rent increases every 5 years, this provides a future owner with additional cash flow
- Burger King has successfully operated at this same location since the property was built in 1989, and extended their lease for 20 years in 2017 which
- expenses
- and return on investment, along with a protection against inflation
- further demonstrates their commitment to this location
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,878 SF
Building Class
B
Year Built/Renovated
1989/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.98 AC
Parking
30 Spaces (7.74 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 49-282-01-002 | Improvements Assessment | $214,752 |
| Land Assessment | $279,831 | Total Assessment | $494,583 |
PROPERTY TAXES
Parcel Number
49-282-01-002
Land Assessment
$279,831
Improvements Assessment
$214,752
Total Assessment
$494,583
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