3341 23Rd Ave, Evans, CO 80620
2,425 SF | Retail Building | Evans, CO 80620 | $2,800,000 ($1,155/SF) | 5.75% Cap Rate
For Sale
Active
4 pictures
Asking Price $2,800,000
- Property Type
-
Retail
- Square Feet
- 2,425 SF
- Price / Square Foot
- $1,155
Listing Contacts
Parker Brown
Matt Henrichs
Property Overview
CBRE is pleased to exclusively offer a 2,425-square foot single-tenant, new
construction Starbucks asset located in the Colorado Front Range. The offering is
inclusive of a new 10-year lease that features four 5-year options to renew. The lease
features a corporate guarantee from Starbucks Corporation (S&P: BBB+), one of the
nation’s preeminent retailers with annual revenues in excess of $35.9 billion.
Starbucks - Evans is shadow anchored by Sam’s Club, the #1 chain location within a 30-mile radius, and in close proximity to Walmart Supercenter, a top 10% visited chain location nationwide. Combined cross over traffic from Walmart and Sam’s Club exceeds over 5.1M visits and 230K visitors over the past 12 months (placer.ai).
Starbucks benefits from its location at the dominant intersection of 32nd Street and the Highway 34 exit of 23rd Avenue, one of the most heavily trafficked corridors in Northern Colorado. The drive-through building features prominent signage, incredible premier access, and drive-by exposure to over 27,600 vehicles per day.
construction Starbucks asset located in the Colorado Front Range. The offering is
inclusive of a new 10-year lease that features four 5-year options to renew. The lease
features a corporate guarantee from Starbucks Corporation (S&P: BBB+), one of the
nation’s preeminent retailers with annual revenues in excess of $35.9 billion.
Starbucks - Evans is shadow anchored by Sam’s Club, the #1 chain location within a 30-mile radius, and in close proximity to Walmart Supercenter, a top 10% visited chain location nationwide. Combined cross over traffic from Walmart and Sam’s Club exceeds over 5.1M visits and 230K visitors over the past 12 months (placer.ai).
Starbucks benefits from its location at the dominant intersection of 32nd Street and the Highway 34 exit of 23rd Avenue, one of the most heavily trafficked corridors in Northern Colorado. The drive-through building features prominent signage, incredible premier access, and drive-by exposure to over 27,600 vehicles per day.
Property Details
- Year Built
- 2024
- Stories
- 1
- Lot Size (sq. ft)
- 38,768 SF
Highlights
- Brand new Class A construction - estimated store opening May 20, 2024
- Shadow Anchored by top performing Sam's Club and Walmart Supercenter Locations
- Starbucks Drive-thru creates a meaningful amenity for customers throughout the day
- Located along the 23rd Avenue exit of Highway 34, one of the main travel corridors in Northern Colorado
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