20-Year Abs NNN Lease | Deliverable Q1 2027
Blue West Capital is pleased to exclusively offer for sale a new construction corporate 7-Eleven located at 8300 E Iliff Avenue in Denver, CO. The property will fully constructed and delivered in Q1 of 2027. It features a 20-year absolute triple-net (NNN) lease, corporately guaranteed by 7-Eleven, Inc., rated “A-” by S&P. The lease includes 7.5% rent increases every five years throughout the primary term and five 5-year renewal options.
The property is strategically positioned at the signalized intersection of E Iliff Avenue and S Valentia Street, which sees more than 42,000 VPD. The property benefits from recent Denver city regulations which prohibit new construction gas stations within ¼ mile of existing gas stations, ¼ mile of light rail stations, and within 300 feet of low-density zoning. Because of these regulations, there are very few remaining new construction gas sites available in the entire city of Denver. The property also benefits from over 185,000 residents and an average household income over $105,000 within three miles.
