Available

7-Eleven

1110 & 1140 S Wadsworth Boulevard | Lakewood, CO 80226

Price

$8,546,000

Cap Rate: 4.50%

Lead Broker

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Brand new build-to-suit convenience store and gas station

Blue West Capital is pleased to exclusively offer for sale a single tenant new construction 7-Eleven located in Lakewood, Colorado. 7-Eleven at 1110 S Wadsworth Boulevard offers the opportunity to acquire a single-tenant new construction retail property in the thriving Lakewood, Colorado. This new built-to-suit convenience store and gas station has a long-term 15-year lease. 1110 S Wadsworth Boulevard is corporately leased to an investment-grade rated company and the world's largest operator, franchisor, and licensor of convenience stores, 7-Eleven. The site features 7-Eleven's Laredo Taco restaurant and eight gas pumps.

Positioned on the heavily trafficked intersection of Wadsworth Boulevard and Mississippi Avenue, with over 66,000 vehicles passing by each day. 1110 S Wadsworth Boulevard struts an incredibly central location and is only three miles away from Lakewood's downtown district and shopping destination, Belmar, a 1.14 million square foot mixed-use development. The Belmar area is a vibrant reinvention of downtown Lakewood that spans 22 city blocks with restaurants, art galleries, clothing stores, and specialty shops. Nearby national retailers include King Soopers, Whole Foods, Target, Dick's Sporting Goods, In-N-Out, Chick-fil-A, Chipotle, Starbucks, and Walgreens.

Located in the affluent and densely populated Denver MSA, 1110 S Wadsworth Boulevard boasts over 151,000 people living within three miles. The surrounding Denver retail market remains on solid footing as investors have returned to the market and increased foot traffic and in-person shopping in recent months. Lakewood features extensive retail, cultural, and recreational hot spots that attract locals and visitors from surrounding areas. Situated between the foothills of the Rocky Mountains and downtown Denver, Lakewood is home to some of the metro's fastest growing and trendiest neighborhoods. 7-Eleven is primed to offer an ideal investment in a bustling, rapidly growing market.

Investment Highlights

  • Long-term 15-year lease
  • Brand new build-to-suit convenience store and gas station
  • Corporate lease to an investment grade rated company (S&P: AA-)
  • 7.5% rental increases every five years
  • This location includes 7-Eleven’s Laredo Taco restaurant and 8 gas pumps
  • Eligible for 100% bonus deprecation in Year 1 – Discuss with your CPA

Location Highlights

  • Located within the Denver MSA in an affluent and densely populated area
  • Located on the heavily trafficked intersection of Wadsworth Blvd & Mississippi Ave (66,000+VPD)
  • Densely populated area with over 151,000 people living within three miles
  • Affluent surrounding area with average annual household incomes of $100,000+ within five miles
  • Notable retailers in the immediate corridor include King Soopers, Whole Foods, Target, Dick’s Sporting Goods, In-n-Out, Chick-fil-A, Chipotle, Starbucks, Walgreens, and many others

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Contact Information

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

info@BlueWestCapital.com

720-989-1031