345 Ken Pratt Blvd, Longmont, CO 80501

Blue West Capital and Cushman & Wakefield present the opportunity to acquire a brand-new ground lease with Take 5 Oil Change at 345 Ken Pratt Boulevard in Longmont, Colorado. At closing, the tenant will execute a new 15-year absolute NNN ground lease with three (3) five-year renewal options, providing long-term passive income with zero landlord responsibilities.

The lease features 10% rental increases every five years throughout both the primary term and option periods and is guaranteed by ClayCon Oil, a 25+ unit Take 5 franchisee and the brand’s 2023 Franchisee of the Year, underscoring strong unit-level performance and operator strength.

The property is located along Ken Pratt Boulevard (40,000+ VPD), Longmont’s primary east–west commercial corridor, with strong visibility and access. The site benefits from proximity to national retailers, employment centers, and dense residential neighborhoods serving the North Denver/Boulder County trade area.

The five-mile trade area includes over 112,000 residents with average household incomes exceeding $126,000 and sustained population growth, supporting long-term demand for essential automotive services.