Brand-New Ground Lease on South Broadway
Blue West Capital and SRS Real Estate Partners are pleased to present the opportunity to acquire the ground lease with Take 5 Oil Change located along South Broadway in Englewood, Colorado (Denver MSA).
The tenant, ClayCon Oil, will sign a brand new 15-year Absolute NNN lease at closing. ClayCon Oil is a 25+ unit franchisee and was named Take 5’s 2023 Franchisee of the Year, underscoring their strong operational performance and growth strategy. The lease features 10% rental increases every five years and zero landlord responsibilities, offering passive income.
Strategically positioned at the signalized intersection of South Broadway and Chenango Avenue, the property offers visibility to 33,000+ vehicles per day. It is adjacent to Sprouts Farmers Market and Chuze Fitness, with nearby auto dealerships and retail that drive consistent daily traffic. The surrounding 5-mile trade area includes over 317,000 residents with an average household income exceeding $152,000.
