Available

Available

Maverik (GL)

Cortez, CO 81321

Price

$1,800,000

Cap Rate: 5.00%

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Brand-New 20-Year Absolute NNN Ground Lease

Blue West Capital is pleased to exclusively offer for sale a single tenant Maverik absolute NNN ground lease located in Cortez, Colorado. This 20-year ground lease provides the landlord an extremely passive investment with rare 12% rental increases every five years. Maverik is the largest independent fuel marketer in the Intermountain West with over 800 stores in 20 states.

New high-quality construction is strategically located along Southwestern Colorado's primary tourism route, offering excellent visibility and access from US Hwy 160-491, which runs through the heart of Cortez.

Investment Highlights

  • Maverik is the largest independent fuel marketer in the Intermountain West with over 800 stores in 20 states.
  • Ranked the 12th largest convenience store chain in the U.S.
  • Corporate 20-year ground lease with options to extend for up to 40 years
  • Rare 12% rental increases every five years of primary term and throughout options
  • Oversized 10.6 acre parcel allows for future development
  • Maverik’s built-to-suit design features five directional commercial vehicle-accessible fuel positions in addition to 10 passenger-vehicle fuel positions
  • Nearby retailers include Walmart, Dollar General, Jiffy Lube, Ace Love’s Truck Stop, Chevron, Arby’s, Sonic, Popeyes, Burger King, Wendy’s, Napa Auto Parts, Family Dollar, and more

Location Highlights

  • Strategically positioned along the primary tourism route of Southwestern Colorado
  • Nearby attractions include Mesa Verde National Park, Monument Valley, and the Four Corners
  • Excellent visibility and access from US Highway 160-491 (10,500 VPD)
  • Located a half-mile from Cortez Municipal Airport which connects to both Denver International Airport and Phoenix Sky-Habor International Airport

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Contact Information

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

info@BlueWestCapital.com

720-989-1031