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 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.
