10128 WADSWORTH PKWY Westminster CO 80021-3803

The Snyder Carlton National Net Lease Team is pleased to offer to investors a great opportunity to purchase a well-established corporate 7-Eleven (C-Store & Service Station) in Westminster, CO. 7-Eleven is the largest operator, franchisor, and licensor of convenience stores worldwide, operates over 13,000 stores in the U.S. and Canada (85,000 globally) and has an investment grade credit rating of “A” from S&P (Moody’s: “Baa2”). With over 26 years of successful occupancy, 7.4 lease years remaining in the primary term, two 5-year option periods, 10% rent increases every 5 years and minimal landlord responsibilities this asset is ideal for an investor seeking years of inflation resistant income.

The 3,030 SF building on large 1.37-acre parcel is located on the hard corner signalized intersection of Wadsworth Parkway and W 101st Avenue, which have a combined traffic count exceeding 47,900 VPD, and is an outparcel to the VASA Fitness anchored Standley Lake Market Place.

The Shops at Walnut Creek, a PetSmart, TJ Maxx & HomeGoods anchored community center is only 1.2 miles from the subject property while the Westminster Promenade is only 1.5 miles away. The Westminster Promenade redevelopment project comprises over 32 acres and over 1 million SF of retail, restaurants, hospitality, and residential attractions. Other nearby retailers include McDonald’s, Starbucks, Panera Bread, Target, King Soopers, Walgreens, Wells Fargo, La-Z-Boy and more.

This is an excellent opportunity to acquire a net leased 7-Eleven in the Denver MSA (population exceeding 3 million) with a long-term lease, multiple option periods, rent increases, corporate guarantee, and minimal landlord responsibilities, providing years of worry-free cash flows.

• Corporate 7-Eleven – Investment-Grade Credit Rating (S&P: A)

  • Largest C-Store Brand Worldwide

  • Over 13,000 Stores in U.S. and Canada – 85,000 Globally

• Long Term Operating History - Over 26 Years at Location

• Over 7.4 Years Remaining on Primary Term

• 10% Rent Increases in Primary Term & Option Periods

• Minimal Landlord Responsibilities (Structure Only)

• Across from Standley Lake High School - Apprx. 1,182 Students Enrolled

• Ideal for Investor Seeking Passive Income

• 3,030 SF Building on 1.37 Acre Parcel

  • Four Double Sided Fuel Pumps (Conoco Branded)

• Outparcel to Standley Lake Marketplace - VASA Fitness Anchored Community Center

• Hard Corner/Signalized Intersection - Wadsworth Parkway & W 101st Avenue – Over 47,900 VPD

• 1.2 Miles from Shops at Walnut Creek - PetSmart & TJ Maxx/HomeGoods Anchored Community Center

• 1.5 Miles from Westminster Promenade - Over 1 Million SF Mixed-Use Redevelopment Project

• Strong Demographics – Over 250,000 Residents within a 5-Mile Radius

• Average Household Income Exceeding $162,100 within a 1-Mile Radius

5+ YEAR OPERATING HISTORY | 8+ YEARS OF TERM REMAINING

• Early 5-Year lease renewal, showing tenant’s commitment to the site.

• Corporate lease with 7-Eleven.

• 10% Structured Rental Increases Every 5 Years.

• Includes 4 double-sided Gas Pumps.

NNN LEASE STRUCTURE

• Minimal Annual Landlord Responsibility (Roof & Structure).

• Fee-Simple Ownership with Bonus Depreciation Potential (Please Consult a CPA).

LOCATION ATTRIBUTES

• Wadsworth Pkwy & W 101st Ave has over 40k Cars Per Day.

• ¼ from Standley Lake High School (1,180 students).

• Positioned in Front of a 250k sq ft Community Center.

• Approximately 200 linear ft. of visibility along Wadsworth Pkwy.

WESTMINSTER, COLORADO

• Westminster’s location offers access to the intellectual capital of Boulder and the millennial workforce of Denver metro.

• City is served by US Highway 36 and Interstate 25 making Westminster an attractive city for commuters.

• Within 2-miles from Standley Lake Regional Park, which is a local highlight, offering boating, fishing and hiking trails.

• Diverse and growing population with a mix of families, professionals and students.

• Conveniently located within 20 miles of Boulder and 20 minutes from downtown Denver.