www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.

16901 LINCOLN AVE Parker CO 80134-9181

[Locked] • APN 223316209004

Upgrade  
to see sold price and date
Details
Property Type Mixed Use
Building SqFt 7,000
Lot SqFt 44,798
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code MC
Year Built 2004
Building Count 1
Opportunity Zone No
Sale NOI ******
Sale Cap Rate ******
Lease Type ******
Lease Term ******

Property History

Intelligence Badge
Property Type
Property Type
Retail
Asking Details
Asking Cap Rate
******
Marketing Description

SRS National Net Lease Group is pleased to present the opportunity to acquire the fee simple interest (land and building ownership) in an Advance Auto Parts property located in Parker, Colorado. Built in 2005, the lease has approximately 10+ years remaining in the current term with three (3) – five (5) year options. Advance Auto Parts recently committed to an 8.75 year extension of the lease, reflecting their strong commitment to this location. The lease is NNN in nature as Advance Auto Parts is solely responsible for roof, parking lot, and HVAC. The lease is guaranteed by Advance Stores Company, Inc. (NYSE: AAP) with an investment grade credit rating of BBB- from Standard & Poor’s.

The subject property is strategically located on Jordan Road, a six-lane thoroughfare with traffic counts in excess of 24,400 vehicles per day. Parker is located in Douglas County – the most affluent county in Colorado – and the #5 richest county in America. Parker is located 23 miles southwest of Denver and 56 miles north of Colorado Springs. The 5-mile trade area is supported by a dense growing population of 126,141 residents with an affluent average household income in excess of $127,500.

Investment Highlights

ADVANCE AUTO PARTS CORPORATE GUARANTEED LEASE:

• 10 Years Remaining in the Current Term

• Tenant Recently Extended Their Lease for an Additional 8.75 Years, Reflecting their Strong Commitment to this Location

• Three (3) - Five (5) Year Option Periods with Increases; 15% at Option 1 and 5% at Options 2 & 3

• High Quality Upgraded (All Brick) Construction


NNN LEASE | MINIMAL LANDLORD RESPONSIBILITIES:

• Tenant Responsible for Roof, Parking Lot, and HVAC

• Landlord Responsibilities Limited to Slab & Structure

• Ideal, Management-Free Investment for an Out-Of-State, Passive Investor


PARKER, COLORADO:

• Located 30 Minutes from Downtown Denver, in Colorado’s Fastest Growing County

• Parker Boasts a Highly Talented and Educated Workforce, a Quality of Life that Balances Rural Living with the Conveniences and Amenities of a Large City

• Enjoys Easy Access to Denver, Colorado Springs and the Rest of the Front Range Via the E-470 Toll Way, I-25, and Public Transportation

• Denver International Airport (DIA) is Located 30 Minutes Away, and Centennial Airport, a General Aviation Airport, is Located Just 10 Minutes Away

• As of November 14, 2017, Retail Sales in Parker were Projected to be About $1.4 Billion in 2017

• #4 “Best Places to Raise a Family in Colorado” – WalletHub (2017)

• #39 “101 Safest Cities in America with Population of 50,000+” – SafeHome (2017)


DOUGLAS COUNTY:

• Recognized for Being One of the Most Family Friendly Communities in Colorado, Offering a Quality of Life Unmatched Elsewhere in the State

• For the Fourth Year in a Row, Douglas County, Colorado Ranks in the Top Ten Happiest Counties in the United States

• Douglas County’s Jobless Rate is the Lowest in Metro Denver at 2.5 Percent

• In 2018, Douglas Ranked No. 1 in Colorado for Overall Health Behavior for the Eight Consecutive Year

• #5 “Top 10 Richest Counties in America” – Forbes (2017)

• Of All U.S. Counties with Population of 65,000 or Greater, Douglas County Ranked 4th for Highest Percentage of Residents with an Associate’s, Bachelor’s, or Graduate or Professional Degree

• 3,660 New Housing Permits Issued in 2016 (11.6% Increase from 2015) and 3,956 New Housing Permits Issued in 2017 (8.1% Increase from 2016)

• Approximately 843 Square Miles, of Which 63,037 Acres are Permanently Protected Land Through the Douglas County Open Space Program

• Recreational Areas Include More than 146,000 Acres of Pike National Forest, Roxborough State Park, Castlewood Canyon State Park and Chatfield State Recreation Area


TRADE AREA DEMOGRAPHICS:

• 1-Mile:

• 17,376 Residents | $119,832 Average Household Income

• 1.44% Annual Population Growth Projected Over the Next 5 Years

• 3-Mile:

• 59,814 Residents | $116,452 Average Household Income

• 2.80% Annual Population Growth Projected Over the Next 5 Years

• 5-Mile:

• 122,359 Residents | $126,929 Average Household Income

• 2.57% Annual Population Growth Projected Over the Next 5 Years


TENANT:

• Advance Auto Parts (NYSE: AAP) Features Investment Grade Credit “BBB” by Standard & Poor’s

• 5,026 Stores as of July 14, 2018

• Shares of Advance Auto Parts Inc. Have Nearly Doubled in Price Since November 2017

• Market Cap of $12.28 Billion as of October 5, 2018

• Ranked #317 on the Fortune 500 List

Sale Date
******
Sold Price
******
Buyer Borrower 1 Etal Indicator
******
Buyer Borrower 1 Middle Initial
******
Buyer Borrower 1 Name
******
Buyer Borrower 1 Ownership Rights Code
******
Buyer Borrower 1 Relationship Type
******
Buyer Borrower 2 Middle Initial
******
Buyer Borrower 2 Name
******
Buyer Borrower 2 Relationship Type
******
Document Number
******
Document Type
******
Resale Flag
******
Sales Price Code
******
Seller 1 Corp Indicator
******
Transaction Type
******
Seller 1 Name
******
Transfer Tax
******
Sold By
******
Sold To
******

Loan History

Intelligence Badge

Financial History

Intelligence Badge

Tax History

Intelligence Badge

Contact Information

Want to pull contact information for hundreds of properties at once? Try our new tool, Data Enrichment, and streamline your workflow. Try Data Enrichment Intelligence Badge
These phone numbers and email addresses are checked against the litigator and TCPA lists. Report an error

Ownership Information

Intelligence Badge

Zoning

Intelligence Badge
MC MixedMixed UseMixed Use Community
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 93 uses
View all 93 uses
Last updated May 11, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

Intelligence Badge

Contacts

Sold on
 BY:
JS
Joe Schuchert
•••.•••.4732
joe@•••••••••.com
Brokerage logo

Map

Comparable Properties

Intelligence Badge
*All information is deemed reliable but not guaranteed.
Does any data look off? Help us improve Crexi by offering your feedback!
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591