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Shops at Tallgrass 21597 E Quincy Ave 4,987 SF 58% Leased Retail Building Aurora, CO 80015 $5,125,000 ($1,027.67/SF) 4% Cap Rate
Investment Highlights
- Attractive Absolute NNN Ground Lease Structure with Renewal Options - Brand new 15 year lease term with seven 5-year renewal options
- Irreplaceable Real Estate Fundamentals - Large 2.06 acre site within a trade close to being completely built-out
- Best-in-Category Corporate Backed Tenancy - Chick-fil-A, Inc., a private, family-owned company
Executive Summary
The Offering features a brand new 4,987 square foot freestanding facility on a 2.06 acre site with two drive-thru lanes, built exclusively for Chick-fil-A in 2025. Chick-fil-A at Tallgrass is ideally positioned in a high barrier to entry location at the hard corner signalized intersection at East Quincy Avenue, a main east/west thoroughfare in the Southeast Denver MSA trade area, and South Picadilly Road. Chick-fil-A at Tallgrass benefits from an oversized site and premier visibility with traffic volumes of over 21,500 vehicles per day.
Surrounded by high density neighborhoods, 110,000 residents and a daytime population of 68,000 within a 3-mile radius, Chick-fil-A at Tallgrass is strategically situated over four miles from the next nearest restaurant in the chain.
Family owned since its founding in 1967, Chick-fil-A® is the largest quick service chicken restaurant chain in the nation. Chick-fil-A has grown over the years to over 3,236 locations across the U.S. and 20 locations in Canada.
Chick-fil-A at Tallgrass is being offered free and clear of existing debt on an “As-Is/Where Is” basis.
Property Facts
Amenities
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Chick-fil-A is a privately held quick-service restaurant chain best known for its chicken sandwiches and customer service. Founded in 1946 by S. Truett Cathy in Hapeville, Georgia, the company has grown into one of the largest fast-food brands in the United States, with thousands of locations nationwide. Headquartered in College Park, Georgia, Chick-fil-A operates under a unique corporate culture that emphasizes hospitality and community engagement. The company is notable for its policy of closing all locations on Sundays, a practice rooted in its founder’s principles. Chick-fil-A’s menu centers on chicken-based offerings, including sandwiches, nuggets, and salads, complemented by signature waffle fries and beverages. In addition to its domestic presence, the brand has expanded internationally with select locations in Canada and the United Kingdom. The company remains family-owned and privately held.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 2,075 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,075 SF | Retail | - | Now |
1st Floor
| Size |
| 2,075 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Nearby Major Retailers
Property Taxes
| Parcel Number | 2073-02-4-26-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $509,370 |
Property Taxes
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Shops at Tallgrass | 21597 E Quincy Ave
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