Available

Available

Walgreens

Foxfield, CO 80016

Price

$4,706,000

Cap Rate: 8.50%

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Single-Tenant Absolute NNN Walgreens Along High-Traffic Corridor

Blue West Capital is pleased to offer for sale a single-tenant Walgreens located in Foxfield, Colorado (Denver MSA). The offering features approximately 5.4 years remaining on an absolute triple-net (NNN) lease corporately guaranteed by Walgreen Co., with zero landlord responsibilities. Walgreens has operated at the property for nearly 20 years under a 75-year lease through 2082, with five-year termination options beginning January 31, 2032, and every 60 months thereafter.

The property is positioned at the signalized intersection of E Arapahoe Road (51,000 VPD) and S Lewiston Way, with access from both streets. It is also conveniently located near S Parker Road (70,000 VPD), one of the area’s primary north-south commercial corridors. The property benefits from its location within a major retail trade area surrounded by national retailers and shopping destinations, including Cornerstar Shopping Center and Arapahoe Crossings, as well as nearby Regis Jesuit High School. The surrounding area features affluent, dense demographics, with an average household income exceeding $157,500 and more than 77,600 residents within three miles.

Investment Highlights

  • Absolute NNN lease with zero landlord responsibilities
  • Approximately 5.4 years until Walgreens’ first termination option
  • Walgreens has operated at the property for nearly 20 years
  • Large 2.12-acre parcel
  • Fee simple ownership with long-term redevelopment potential

Location Highlights

  • Signalized corner along E Arapahoe Road with approximately 51,000 VPD
  • Convenient proximity to S Parker Road, a major north-south corridor with approximately 70,000 VPD
  • Located within a major Denver MSA retail trade area surrounded by national retailers and shopping destinations
  • Affluent demographics with $157,500+ average household income within three miles
  • More than 77,600 residents within three miles and nearly 247,000 within five miles
  • Nearby Cornerstar Shopping Center and Arapahoe Crossings attract a combined 11.6+ million annual visits

We are ready to assist you.

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