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5949 Alpine Vista Cir
Castle Rock, CO 80108
Lazy Dog · Retail Property For Sale
Investment Highlights
- Single-tenant Lazy Dog in the fastest growing city in Colorado: Castle Rock (Denver MSA)
- Some of the highest AUV’s in the industry (and growing): recent estimates for 2023 are in excess of $9M
- 10% rental increases every 5 years during the primary term and options, providing an investor with a hedge against inflation
- Lazy Dog’s 2022 revenue totaled $383M – ranking it #42 in the sit-down casual restaurant space by Nation’s Restaurant New’s Top 500 Restaurant Chains
- 20-year ground lease featuring zero Landlord maintenance or expense responsibilities, making this a truly hands-off investment
- Corporate guaranty from tenant’s parent company – Lazy Dog Restaurants, LLC
Property Facts
Property Type
Retail
Property Subtype
Building Size
8,400 SF
Building Class
B
Year Built
2027
Construction Status
Proposed
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.50 AC
Property Taxes
| Parcel Number | 2351-272-26-012 | Improvements Assessment | $0 |
| Land Assessment | $528,970 | Total Assessment | $528,970 |
Property Taxes
Parcel Number
2351-272-26-012
Land Assessment
$528,970
Improvements Assessment
$0
Total Assessment
$528,970
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