7900 Northfield Blvd, Denver, CO 80238
4,080 SF | Retail Building | Denver, CO 80238 | $4,500,000 ($1,103/SF) | 5% Cap Rate
For Sale
Active
Asking Price $4,500,000
- Property Type
-
Retail
- Square Feet
- 4,080 SF
- Price / Square Foot
- $1,103
Listing Contacts
Brian Wolfman
Matthew Mousavi
Patrick Luther
Property Overview
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple (land & building ownership) interest in an absolute NNN leased, corporate guaranteed, drive-thru equipped, BOK Financial investment property located in Denver, Colorado. The tenant recently signed a 15-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features a 10% rental increase every 5 years throughout the initial term and 100% of the fair market rental value at the beginning of the 1st option period, growing NOI and hedging against inflation. The lease is corporate guaranteed and is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. This offering represents a rare opportunity to own real estate within a dense, infill trade area.
Property Details
- Class
- B
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Freestanding, Bank
- Lot Size (sq. ft)
- 42,689 SF
Highlights
- Corporate Guaranteed (NASDAQ: BOKF) | Brand New 15-Year Lease | Scheduled Rental Increases | Options To Extend
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Development Pipeline in Surrounding Area | 1,700+ Proposed Multifamily Units
- Located Along Northfield Blvd. | Drive-Thru Equipped | Close Proximity to U.S Highway 36 and Interstate 70 | Direct Access to State Highway 35
- Outparcel to Dominant Community Shopping Center | National/Credit Tenant Presence
- Strong Demographics In 5-Mile Trade Area
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