Starbucks Denver, CO

3087 S Sheridan Blvd
Denver, CO

Price: $2527000
Cap Rate: 4.75%
NOI: $120,000
Building Size: Approx. 1890 Sq. Ft.
Lot Size: Approx. 0.42 Acres
Sub Category: QSR
Year Built: 2018

Investment Overview

  • 2018 Construction. 1,890+/- SF Building on .42+/- Acre Site
  • New 10 Year Corp Lease w/ 10% Rent Bumps Every 5 Years
  • Located along Sheridan Blvd, just North of US-85 (74K VPD)
  • Adjacent to Bear Valley Shopping Center (330,000 S.F)
  • Surrounded by multiple academic centers (3K Students)
  • 5-Miles South of Belmar 1st Phase Mixed-Use Dev ($750M)
  • Subject property is located 8-Miles South of Downton Denver
  • Ranks 1st place for best place for business & careers -FORBES
  • Colorado’s Economy Ranks as one of the best in the Nation
  • 3-Miles: Est Pop 131,996 | 1-Miles Avg HH Income: $84,213
  • Denver-Aurora (CSA) | Continuous fast-growing region in the U.S

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