Available

7-Eleven

9590 Federal Blvd | Federal Heights, CO 80260

Price

$4,445,000

Cap Rate: 4.50%

Lead Broker

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Blue West Capital is pleased to exclusively offer for sale a single tenant absolute triple net 7-Eleven located in Federal Heights, CO. The property has a long-term lease with over 12 years remaining and 8.0% rental increases every five years. The property was renovated in 2020 to the current prototype and added a Laredo Taco. 7-Eleven is an investment-grade-rated company (S&P: A).

The property is located within the Denver MSA, approximately nine miles north of downtown Denver. 7-Eleven is positioned at a heavily trafficked signalized intersection with over 35,000 vehicles per day. It sits along Federal Boulevard, the area's primary north-south thoroughfare. The surrounding demographics are strong--over 154,000 people living within three miles and average household incomes in excess of $105,000 within five miles. Notable retailers in the immediate area include King Soopers, Safeway, Chipotle, Chick-fil-A, McDonald's, KFC, Wendy's, AutoZone, O'Reilly Auto Parts, and many others.

Investment Highlights

  • Long-term lease with over 12 years remaining
  • 8.0% rental increases every five years, next increase in 2 years
  • Absolute triple net lease with zero landlord responsibilities
  • 7-Eleven is an investment grade rated company (S&P: A)
  • Property was renovated in 2020 to the current prototype and added a Laredo Taco
  • Eligible for 80% bonus deprecation in Year 1 – consult with your CPA

Location Highlights

  • Located within the Denver MSA, approximately nine miles north of downtown Denver
  • Positioned at a heavily trafficked signalized intersection (35k VPD)
  • Immediate proximity to Water World, one of America’s largest waterparks (750,000 annual visitors)
  • Positioned along Federal Boulevard, the area’s primary north-south thoroughfare
  • Densely populated area over 154,000 people living within three miles
  • Average household incomes in excess of $105,000 within five miles
  • Approximately 1 mile north of Uplands, a 234-acre mixed-use planned development consisting of 2,350 housing units, retail shops, restaurants, open space, and public parks
  • Notable retailers in the immediate area include King Soopers, Safeway, Chipotle, Chick-fil-A, McDonald’s, KFC, Wendy’s, AutoZone, O’Reilly Auto Parts, and many others

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Contact Information

400 S. Colorado Blvd | Suite 590
Denver, CO 80246

info@BlueWestCapital.com

720-989-1031