DENVER, CO – [February 6, 2025] – Blue West Capital successfully represented the buyer in the acquisition of a single-tenant Dairy Queen Grill & Chill property located at 10140 Grant St, Thornton, CO 80229. The property sold for $2,100,000 at an undisclosed cap rate (contact broker).
Dairy Queen is positioned along Grant St (19,000 VPD) featuring bi-directional access as well as two ingress-egress points. The site is located across from the Walmart and Home Depot-anchored Thornton Town Center, which sees 5.3M annual visitors and ranks among the top 5% of shopping centers in Colorado for foot-traffic (source: Placer.ai).
Positioned on an oversized 1.61 AC parcel with a full wrap-around drive-thru design, the property features an absolute triple-net (NNN) lease with approximately 9.5 years remaining.
Blue West Capital's Noah Harrison and Sean Kulzer represented the Buyer, a Boulder-based investment company in a 1031 exchange.
Quick service restaurants (QSR) continue to be an attractive investment for investors seeking stable, predictable, and passive cash-flow. Our team identified this offering as an excellent replacement property for our client, given the strong underlying real estate, favorable lease terms, and long-term operating history."
Noah Harrison, Associate
Thornton, the sixth-largest city in Colorado, is a fast-growing suburb just 10 miles north of Downtown Denver. With direct access to I-25 and RTD rail, it is a key hub in the north metro corridor, home to over 145,000 residents, major employers, and strong retail anchors.
Blue West Capital continues to represent multiple active buyers seeking additional single-tenant net-lease investment opportunities nationwide. Please contact us to learn more.
PR Contact
Noah Harrison
(720) 464-7488
Noah@BlueWestCapital.com
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