6795 Wadsworth Blvd, Arvada, CO 80003

1,189 SF | Retail Building | Arvada, CO 80003 | $2,112,000 ($1,776/SF) | 6.25% Cap Rate

For Sale

Active

9 pictures

Asking Price $2,112,000

Property Type: Retail
Square Feet: 1,189 SF
Price / Square Foot: $1,776

Listing Contacts

Ryan Tomkins

Patrick McGlinchey

Justin Gregory

Property Info

Property Overview

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Take 5 Oil Change in Arvada, Colorado. Take 5 Oil Change recently signed a new 20 year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual increases throughout the initial term and the option periods, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor. Take 5 is a subsidiary of Driven Brands Holdings, Inc., the largest automotive services company in North America.

Property Details

Class: C
Year Built/Renovated: 1962/2020
Stories: 1
Property Subtype: Vehicle Related, Freestanding
Lot Size (sq. ft): 11,326 SF

Highlights

Brand New 20-Year Lease | Annual Increases | Recent Retrofit
Located On Primary Retail Corridor (64,300 VPD)
North of I-70 & I-76 (200,000+ VPD)
Affluent Growing Community

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