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53 Centennial BlvdLittleton, CO 80129
Prost Biergarten
Asset ClassRetail
Cap Rate6.75%
Deal Size: $6.15 MSquare Feet: 7,520Access Data Room
SALE LEASEBACK | EXCELLENT UNIT LEVEL FUNDAMENTALS
overview of deal

Overview

Price: $6,148,000 | Cap Rate: 6.75% | NOI: $415,000

 

  • Tenant: Prost Biergarten
  • Lease Term: 15 Years
  • Lease Type: Absolute NNN
  • T12 Rent to Sales Ratio: 9.81%
  • T12 Sales: $4,054,722
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Investment Highlights

  • 15-YEAR ABSOLUTE NNN LEASE WITH ZERO LANDLORD RESPONSIBILITIES
  • SURROUNDED BY HIGH-PERFORMING NATIONAL TENANTS, THE AREA’S TOP 6% RETAIL DESTINATION WITH OVER 1.2 MILLION ANNUAL VISITS.
  • VISIBILITY & ACCESS FROM C-470 (130K+ VPD), ONE OF COLORADO’S MOST CRITICAL FREEWAYS, CONNECTING VARIOUS SUBURBAN COMMUNITIES THROUGHOUT THE DENVER METRO
  • THE HIGHLANDS RANCH PROST LOCATION PRODUCED $4.05 MILLION IN T12 SALES AS OF MAY 2025 WITH +8% YEAR-OVER-YEAR GROWTH.
  • PROST BREWERY DIVISION IS PROJECTED TO PRODUCE 65,000 BARRELS AND $17 MILLION IN REVENUE IN 2025, MAKING IT ONE OF COLORADO’S LARGEST CRAFT BREWERIES.
  • TOP 5 PERCENTILE BAR AND PUB NATIONWIDE, RANKING 1,341 OUT OF 31,336 LOCATIONS VIA PLACER.AI

 

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53 Centennial BlvdLittleton, CO 80129
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