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  <div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
   justify-content: center; font-family: Inter,sans-serif; ">
    <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F3edccdef-da98-4ae6-9801-ea4ab12e7903%2Faed588f2-5a1d-4f88-9574-d4e99c6ab0df" onerror="this.style.display='none'" alt="Whataburger Image" style="object-fit: cover; width: 200px;" />
    <p style="margin-top: 0.5rem; text-transform: uppercase; font-size: 10px; letter-spacing: 0.025em;"> Retail </p>
    <p style="margin-top: 0.05rem; color: #0D1321; text-align: left; font-weight: 400; font-family: Cormorant Garamond, serif; font-size: 20px;">
      Whataburger
    </p>
    <p style="margin-top: 0.25rem; text-transform: uppercase; font-size: 8px; letter-spacing: 0.1em;"> Colorado Springs,  CO </p>
    <p style="margin-top: 0.25rem;">By Marcus &amp; Millichap</p>
    <a href="https://platform.reverecre.com/project/3edccdef-da98-4ae6-9801-ea4ab12e7903" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
      View Listing
    </a>
  </div>


First Vice President, Brokerage

Senior Managing Director Investments

New 20-Year Absolute Triple-Net (NNN) Ground Lease with 3 x 10-Year Options and Scheduled Rent Increases

New Construction Double Drive-Thru Whataburger Opened in November 2023

Personal and Franchisee Guaranty from Burgerworks Colorado, LLC - Operator of 16 Whataburger Locations Throughout Colorado and Texas

Signalized Hard Corner Location at the Intersection of Fillmore & El Paso - 36,000+ VPD

1.8 Miles from University of Colorado at Colorado Springs - 12,400 Students

230,000+ Population within a 5-Mile Radius of the Subject Property, 3,812 Multi-Family Units Under Construction within a 5-Mile Radius - 877 Multi-Family Units Under Construction within a 3-Mile Radius

Contact Us

Tenant: Whataburger
Property: 706 E Fillmore St, Colorado Springs, CO
Building Size: 3,744

Lot Size (AC): 1.27
Year Built: 2023
Remaining Lease Term: 20 Years
Lease Type: Absolute Triple-Net (NNN) Ground Lease

James specializes in sale, acquisition and advisory services of investment real estate assets on a national basis. He has executed assignments for a multitude of clients, including sale-leaseback transactions for franchisees and corporations, publicly traded REITs, developers, private investors, and family trusts. James has successfully navigated a large volume of 1031 exchange assignments for his clients through his strong relationships with owners and brokers in the marketplace.

Based out of Marcus and Millichap’s Denver office, James’s local expertise compliments his knowledge of national real estate trends. Before Marcus and Millichap, James received a B.A. in Political Science from College of the Holy Cross, where he also played Division one lacrosse. He got his start in commercial real estate working for the Denver-based REIT Dividend Capital.

Overview

Investment Highlights

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