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31583090
31583089

6191 SAWCUT PT, FOUNTAIN, CO 80817 For Sale

JV
TX TX 512565
Summit Real Estate
Listed by Summit Real Estate
$5,340,000
106 days on market
Updated 43 days ago

Christian Brothers Automotive

Details
APN 55300-07-014
Property Type Retail, Land
Sub Type Auto Shop
Square Footage 5,330
Cap Rate 6.00%
NOI $320,400
Occupancy 100%
Tenancy Single
Brand/Tenant Christian Brothers Automotive
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options 5 x 10 Yr
Class A
Year Built 2026
Acreage 1.340
Tenant Credit Corporate Guarantee
Ground Lease No

Long Term NNN Lease | Strong Corporate Guarantee | 1.5% Annual Rental Escalations Starting Year 6

Investment highlights

Long-Term Absolute Triple-Net Lease

Zero Landlord Responsibility

15-Year Primary Term with Options up to 65 Years

One and One-Half Percent Annual Rent Escalations Starting in Year 6

Strong Corporate Guarantee

Christian Brothers started in 1982, is Growing at 20-25 Locations per Year, Currently Has Over 325 Locations and Never Closed a Store

Situated near the intersection of Syracuse St and Mesa Ridge Pkwy, which sees over 25,000 Vehicles per Day

The Population Within a 5-Mile Radius is over 99,000 People

The Average Household Income is over $104,000 - Well Over the National Average

Surrounding Retailers Include; King Soopers, Lowe’s, Whataburger, Dave’s Hot Chicken, Dutch Bros Coffee, Safeway, Culver’s, McDonald’s, Chick-fil-A, Chase Bank, Black Bear Diner and Many More

Listing Contacts

JV
TX TX 512565
Summit Real Estate
Listed by Summit Real Estate

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$320,400.00
$26,700.00/mo

Valuation Metrics

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DSCR
6%
Cap Rate
6%
ROI

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