Brand new construction
Blue West Capital is pleased to exclusively offer for sale a net lease Starbucks located in Centennial, Colorado. Starbucks has a long-term 10-year lease with 7.5% rental increases every five years in the primary term and renewal options. Starbucks is an investment grade tenant (S&P: BBB+).
The property is located within the Denver MSA in an affluent suburb with average annual household incomes of $170,000 within one mile. Starbucks is located in a dense infill location and has barriers to entry with over 120,000 people living within three miles of the property. Nearby national retailers include McDonald's, King Soopers, Walmart, Sprouts Farmers Market, First Bank, Key Bank, Pizza Hut and Slim Chickens.