Circle K & Discount Tire 2 Retail Properties Offered at $8,050,000 in Highlands Ranch, CO



INVESTMENT HIGHLIGHTS
- Brand New 10-Year Absolute NNN Leases
- Located at the signalized three-way intersection of E Wildcat Reserve Pkwy (19,017 VPD), McArthur Ranch Road (19,566 VPD) & Fairview Pkwy (15,160 VPD)
- Highlands Ranch, CO | Denver MSA
- Part of the 94,520 SF Shops at Highland Walk (King Soopers, Chuck & Don's Pet Food & Supplies, Uni Sushi, Starbucks, Taco Bell, Subway, etc.)
- Affluent Demographics | Over 6,775 Households within 1 Mile | Population of 82,675 & AHI of $199,364 within a 3-mile radius
- 20+ Year Operating History | Must Be Bought Together
EXECUTIVE SUMMARY
CBRE is pleased to exclusively offer for sale a Circle K gas station with a 2,210-square-foot convenience store and 1,081-square-foot car wash, and a 6,460-square-foot Discount Tire situated on 2.60 total acres in Highlands Ranch, Colorado—part of the Denver-Aurora-Lakewood, CO Metropolitan Statistical Area (MSA Population: 3.08M+). Operating as a Circle K since 2006, Circle K Stores Inc. signed a new absolute NNN lease, which commenced April 2025 and features ±10.0 years of term remaining with a 12% increase in year 6 (2030) and two of the three 5-year renewal options (FMR in third option, see page 12 for details). Discount Tire has also been operating since 2006 and is set under a new absolute NNN lease, which commenced April 2025 and features ±10.0 years of term remaining with 2% annual increases throughout the primary term and in each of the two, 5-year renewal options. The offering is for both properties to be sold together.
PROPERTY FACTS
Price | $8,050,000 |
Price / SF | $825.56 / SF |
Sale Type | Investment NNN |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 9,751 SF |
Total Land Area | 4.12 AC |
PROPERTIES
PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
---|---|---|---|---|
3990 Red Cedar Dr, Highlands Ranch, CO 80126 | Retail | 3,291 SF | 2004 | - |
3992 Red Cedar Dr, Highlands Ranch, CO 80126 | Retail | 6,460 SF | 2005 | - |