Blue West Capital is pleased to exclusively offer for sale a brand-new construction O’Reilly Auto Parts in an affluent suburb of Denver.​ The property features a 15-year lease and rent commenced on December 1, 2021.​ The lease features a 6% rental increase in year 11 and in each renewal option period.​ O’Reilly Auto Parts is an investment grade rated company with a Standard & Poor’s BBB rating.​

The upgraded all brick and masonry property is located in Westminster, the 8th largest city in Colorado (12 miles north of downtown Denver).​ The surrounding area is rapidly expanding with 2.3%+ average projected annual population growth and is affluent with average household incomes of $133K within five miles.​

This O’Reilly Auto Parts property strategically out-positions the Advance Auto Parts and AutoZone serving the corridor.​ The property is located within a dynamic retail trade area that includes the Denver Premium Outlets, Walmart Supercenter, Lowe’s, King Soopers, Cabela’s, Target, In-N-Out, and many others.​ The property is positioned on W 136th just west of Interstate 25 (134K VPD).​

DENVER MSA IN AN AFFLUENT AND GROWING AREA

• ​Westminster is the 8th largest city in Colorado and located 12 miles north of downtown Denver
• Average annual household incomes in excess of $133,000 within five miles
• 2.32% projected annual population growth within one mile

​​LONG-TERM LEASE WITH HIGH-END CONSTRUCTION

• 15-year lease commenced on December 1, 2021
• ​O’Reilly Auto Parts is an investment grade rated company (S&P: BBB)
• ​6% rental escalations every 5 years beginning in Year 11
• ​Brand-new construction build-to-suit property
• ​Upgraded high-end construction building featuring all brick and masonry
• ​Concrete parking lot
• ​Large 1.1-acre parcel

​​DYNAMIC RETAIL TRADE AREA

• ​Strategically out-positions the Advance Auto Parts and AutoZone serving the corridor
• ​Positioned on W 136th just west of Interstate 25 (134K VPD)
• ​Immediately west of the heavily trafficked signalized intersection of W 136th Street and Huron Street (42K VPD)
• ​Retailers in the immediate corridor include Walmart Supercenter, Lowe’s, King Soopers, Cabela’s, Target, In-N-Out, and many others
• ​Located just west of the “Denver Premium Outlets” developed by Simon Property Group in 2018
• ​Close proximity to the recently constructed 55-acre St. Anthony North Hospital Campus • One mile east of Legacy High School (2,400 students)

OFFERING SUMMARY

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