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5490 Wadsworth BypassArvada, CO 80002
7-Eleven
Asset ClassRetail
Deal Size$3.65 M
Cap Rate: 5.5%Retail SF: 3,244Year Renovated: 2024Access Data Room
5+ Years Remain on Abs. NNN Lease | Corporately Guaranteed by 7-Eleven | Dominant Retail Corridor
overview of deal

Overview

  • 5+ years remaining on a corporately guaranteed absolute triple-net lease with 7-Eleven. The lease features four five-year renewal options each with 12% rental increases.
  • Tenant recently committed to the site with 7-Eleven corporate executing a corporate guarantee. Previously, the subject property was operated by a large 7-Eleven franchisee based in Denver, CO.
  • Corporate guarantee from 7-Eleven, the world’s largest retailer with over 84,000 locations worldwide.
  • Signalized hard corner location along one of Denver’s busiest north/south thoroughfares, Wadsworth Bypass (80,000+ VPD).
  • Located just north of I-70, Colorado’s major east/west interstate, seeing approximately 165,000 VPD at its exit with Wadsworth Bypass.
  • Dense population, within a three-mile radius, 125,848 residents earn an average household income of $93,203.
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5490 Wadsworth BypassArvada, CO 80002
Olde Town Arvada (Less than 1 Mile from Subject Property(
Downtown Denver (6 Miles from Subject Property)
Boulder (21 Miles from Subject Property)
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Listing provided by Revere CRE