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

CBRE National Retail Partners - Mountain is pleased to exclusively offer a single-tenant, new construction Chick-fil-A at Tallgrass located in metro Denver, Colorado. The offering is inclusive of a 15-year absolute triple net ground lease with seven (7) 5-year renewal options. The lease is corporately secured by Chick-fil-A, Inc.
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.