Brand-New Ground Lease on Ken Pratt Blvd
Blue West Capital and Cushman & Wakefield are pleased to present the opportunity to acquire the brand-new ground lease with Take 5 Oil Change located at 345 Ken Pratt Boulevard in Longmont, Colorado.
Upon closing, the tenant will execute a new 15-year Absolute NNN ground lease with three (3) five-year renewal options. The lease features 10% rental increases every five years and zero landlord responsibilities, providing passive income with long-term stability.
The property is strategically positioned along Ken Pratt Boulevard, Longmont’s primary east–west commercial corridor carrying more than 40,000 vehicles per day. The site benefits from strong visibility and convenient access within a dense retail corridor serving the greater Boulder County trade area.
The surrounding five-mile trade area includes average household incomes exceeding $125,000 and more than 35,000 daytime employees, supported by nearby national retailers, regional employment centers, and established residential neighborhoods.
Note: Illustrative rendering of subject property.
