Single Tenant Hooters with Below Market Rent
Blue West Capital is pleased to exclusively offer for sale a single tenant Hooters located in Aurora, CO. Hooters is on a NNN lease in which they recently extended for an additional five years. They have operated at this location for over 30 years. Hooters pays percentage rent which provides for additional income on top of their base rent. Their current base rent is well below market providing for significant upside in marking rent to the market rate upon their lease expiration.
The property has excellent access and visibility along South Parker Road seeing over 43,000 vehicles per day. There are 165,107 residents and an average annual household income of $100,645 within three miles.
