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31133127
31133128

18643 Green Valley Ranch Blvd, Denver, CO 80249

AL
CO CO. ER100091205, UT 6250302-PB00 (+5)
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver
$1,617,000
105 days on market
Updated 103 days ago

AutoZone Ground Lease

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 7,381
Cap Rate 4.1%
NOI $66,284
Occupancy 100%
Tenancy Single
Brand/Tenant AutoZone
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 06/29/2028
Remaining Term 2
Rent Bumps Yes
Lease Options 4, 5 Year Options
Price per SqFt $219
Acreage 0.930
Investment Type Net Lease
Lease Commencement 06/16/2008
Ground Lease Yes

Abs NNN | 4.10% CAP | 7,381 SqFt

Marketing description

AutoZone is the nation’s leading retailer and a leading distributor of automotive replacement parts and accessories with approximately 7,775 stores in the US, Puerto Rico, Mexico, and Brazil as of February 2026. Each store carries an extensive line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured hard parts, maintenance items and accessories.

Denver is a city in, and the county seat of, Denver County, situated at the center of Colorado's Front Range. The city is home to 742,800 residents, making it the most populous city in the state.

Investment highlights

  • Absolute NNN Ground Lease with AutoZone (NYSE: AZO) - Extremely Low Ground Rent

  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options

  • AutoZone is the Leading Distributor of Auto Parts in the U.S. with Approximately 7,775 Locations Worldwide

  • Dense Denver Infill with 134,722 Residents within a Five Mile Radius

  • Households and Population Projected to Increase Over 8 Percent in the Immediate Area by 2030

  • Situated at a Busy Retail Intersection, Outparcel to King Soopers Grocery Store and Surrounded by National Retailers: Walgreens, Natural Grocers, McDonald's, and More

  • Average Household Income Exceeds $112,000 within a One Mile Radius

  • Easy Freeway Access, Less Than Two Miles Off Interstate 70

Listing Contacts

AL
CO CO. ER100091205, UT 6250302-PB00 (+5)
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$66,284.00
$5,523.67/mo

Valuation Metrics

0
DSCR
4.1%
Cap Rate
4.1%
ROI

Map

Zoning

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C-MU-20 MixedMixed UseCommercial Mixed Use District
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Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Adam Lewis
License
CO ER.100091205
Title
Broker of Record
Name
Adam Lewis
License
CO. ER100091205
Brokerage
Marcus & Millichap
Brokerage Phone
3033282000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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