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Overview
Investment Highlights
Gallery
Location
Contact
Sign Agreement
940 W Baptist Rd
Monument, CO 80132
Starbucks
Asset Class
Retail
Deal Size: $2.36 M
Cap Rate: 6.25%
Net Operating Income: $147.4 Thousand
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JUST LISTED - MONUMENT, CO | (NASDAQ: SBUX) GUARANTEE
Overview
Price: $2,358,000 | Cap Rate 6.25% | NOI: $147,400
Guaranty: Corporate
Options: 4x5-Year
Lease Type: Double-Net
Rent Increases: 10% Every 5 Years
Term Remaining: 4+ Years
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Investment Highlights
LOCATED IN A NEW KING SOOPERS (KROGER) GROCERY ANCHORED SHOPPING CENTER DEVELOPMENT
JUST OFF INTERSTATE 25 CONNECTING COLORADO SPRINGS TO DENVER
AVERAGE HOUSEHOLD INCOME OF $179K+- WITHIN 1 MILE POPULATION OF 61,481
PROXIMITY TO US AIR FORCE & 200+ AEROSPACE & DEFENSE COMPANIES EMPLOYING 111,000+ LOCALS
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940 W Baptist Rd
Monument, CO 80132
Sales Team
Drew Isaac
Senior Managing Director Investments
(303) 328-2048
drew.isaac@marcusmillichap.com
Brian Bailey
Senior Vice President
(303) 328-2018
brian.bailey@marcusmillichap.com
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