Listed by CP Partners
$4,124,000
Huntington Bank
Details
Property Type Retail
Sub Type Bank, Freestanding
Square Footage 3,150
Net Rentable (SqFt) 3,150
Cap Rate 4.85%
NOI $200,000
Occupancy 100%
Tenancy Single
Brand/Tenant Huntington Bank
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 04/30/2041
Remaining Term 14.9
Rent Bumps Yes
Lease Options Five, 5-year
Year Renovated 2026
Buildings 1
Stories 1
Acreage 0.940
Parking Spaces 24 spaces
Parking Per SqFt 7.62
Investment Type Net Lease
Lease Commencement 04/15/2026
Retail | 4.85% CAP | 3,150 SqFt
Marketing description
Brand-new 15-year absolute net corporate Huntington Bank lease featuring 10% rental increases every 5 years throughout the base term and options. The tenant is a publicly traded (Nasdaq: HBAN) full-service banking provider with $279B in total assets under management. The subject property is located in Commerce City – a fast-growing and affluent Denver submarket boasting average household incomes of $165,000 within a 3-mile radius.
Investment highlights
- 15-year absolute net lease with 10% increases every 5 years
- Hard corner signalized entrance to Colorado’s dominant grocer
- Strong real estate fundamentals – drive-thru, direct ingress/egress, pad to top ranked shopping center
- Huntington Bank (Nasdaq: HBAN) is a full-service banking provider founded in 1866 that currently manages $279 billion in total assets
- Tenant has a 150+ year operating history
- FY 2025 revenues of $8.2 billion, a ~10% increase over the previous year
- Explosive growth submarket – 20%+ population increases estimated within a 1, 3, and 5-mile radius over the next 5 years
- Affluent demographics – $165,000 average household incomes within a 3-mile radius of the subject property
Listing Contacts
Listed by CP Partners
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$200,000.00
$16,666.67/mo
Valuation Metrics
0
DSCR
4.85%
Cap Rate
4.85%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Is there information that looks off?
