LONG TERM CORPORATE LEASE

12.5+ Years remaining on an absolute triple-net (NNN) lease with zero landlord responsibilities. The lease features four five-year renewal options, 10% increases every five years, and a corporate tenant

BEST-IN-CLASS TENANT - 2,000+ UNITS - MAVIS

The Tenant entity on the Lease consists of three parties: Brakes Plus, Express Oil Change, and EOC Group (part of Express Oil Change family), all of which are wholly owned by Mavis Topco, a 2,000+ unit entity. Since its founding in 1929, Mavis has primarily grown through the acquisition of existing tire and automotive service stores, and since 2018, they've completed over $1.3 billion in acquisitions.

KING SOOPERS ANCHORED NEIGHBORHOOD RETAIL CORNER

Just east of the subject property is Buckley Square, a 94,182 SF King Soopers (Kroger) Anchored Shopping Center. The subject property is a pad site to East Iliff Plaza, a 88,201 SF neighborhood shopping center on the SWC of E Iliff Ave and S Buckley Dr (69.5k+ combined VPD). National tenants at the corner include McDonald's, Dutch Bros, Starbucks, Advance Auto Parts, Shell, Family Dollar, Burger King, and more.

ESSENTIAL AUTOMOTIVE RETAIL PROPERTY IN DENSELY POPULATED TRADE AREA

Automotive retailers are essential and recession-proof, with consistent demand for their services driven by the needs of surrounding neighborhoods. Within a three-mile radius, 162,440 residents earn an $89,475 average household income. Also, the population more than doubles within a 5-mile radius to 347,237 residents with $95,442 average income.

CONCENTRATION OF SCHOOLS WITHIN CLOSE PROXIMITY

Schools are critical drivers of traffic in residential communities, there are three schools within a 1-mile radius of the subject property. Combined Rangeview High School, Yale Elementary, and Mrachek Middle School enroll over 3,650 students and are accessed via primary roads like Iliff Ave & Buckley Rd.