Blue West Capital is pleased to present the sale of a single tenant absolute triple net leased O’Reilly Auto Parts located at 5807 West Colfax Avenue in Lakewood, Colorado. O’Reilly Auto Parts has operated at this location since it was built in 1998. This is a rare O’Reilly Auto Parts lease containing rental increases every other year with one 10-year option.

The property sits on Colfax Avenue, Denver’s primary east-west thoroughfare and the longest continuous commercial street in the United States.  It’s a densely populated area with over 21,000 people living within one mile and almost 500,000 people living within five miles.  The property is zoned M-G-U which allows for a variety of uses including a mixed-use building up to 90 feet tall creating significant future value.

• Located within the Denver MSA, three miles west of downtown Denver

• Urban in fill property with high barriers to entry 

• O’Reilly Auto Parts is an investment grade rated company (S&P: BBB)

• Long-term operating history at the location (since 1998)

• Rare absolute triple net O’Reilly Auto Parts lease with zero landlord responsibilities

• Rare O’Reilly Auto Parts lease containing rental increases every other year

• Lease features one 10-year option

• Property is zoned M-G-U which allows for a variety of uses including a mixed-use building up to 90 feet tall creating significant future value

• Densely populated area with over 21,000 people living within one mile and almost 500,000 people living within five miles

• Two miles west of Empower Field at Mile High, home to the Denver Broncos

• Located on Colfax Avenue, Denver’s primary east west throughfare and the longest continuous commercial street in the U.S.

• Rapidly expanding area with 2.22% projected annual population growth within one mile

• Close proximity to Sloan’s Lake, a popular dynamic neighborhood

• Approximately three miles west of notable Denver landmarks such as the Capitol Building, Colorado Convention Center, Ball Arena, University of Colorado Denver, Metropolitan State University of Denver, and the downtown CBD

• Retailers in the immediate corridor include Walmart Supercenter, Target, Home Depot, Walgreens, McDonald’s, 7-Eleven, Chick-fil-A, Dutch Bro’s and many others

OFFERING SUMMARY

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