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31778095
31778096

2 Locations For Sale

SR
CO EC.100085004, CA 02101543 (+42)
ParaSell Inc
Listed by ParaSell Inc
$16,670,000
91 days on market
Updated 91 days ago

Safeway + Fuel

Details
APN 61-144-01-027 61-144-01-002
Property Type Retail
Sub Type Grocery Store
Square Footage 65,800
Net Rentable (SqFt) 65,800
Cap Rate 6.35%
NOI $1,058,417
Occupancy 100%
Tenancy Single
Brand/Tenant Safeway
Lease Type NNN
Lease Term 25.1
Lease Expiration 11/30/2031
Remaining Term 5.4
Rent Bumps No
Price per SqFt $253
Broker Co-Op Yes
Year Built 2006
Buildings 2
Stories 1
Acreage 13.580
Lease Commencement 10/31/2006
Ground Lease Yes

Single-Tenant Safeway (NASDAQ: ACI; S&P; BB+) & Fuel Pad

Marketing description

Single-Tenant Safeway (NASDAQ: ACI; S&P; BB+) & Fuel Pad

#1 Safeway Location within 15 Miles, per Placer.ai

20-Year Operating History

Recently-Extended Lease; Demonstrating Long-Term Commitment

Affluent Demos; $192,000 AHHI within 1-Mile Radius

Denver MSA with 3.4 Million People

Investment highlights

Single-Tenant Safeway Grocer with Fuel Pad

– Albertsons (NASDAQ: ACI; S&P: BB+) operates over 2,200 locations nationwide, including more than

900 under the Safeway banner

– Successfully operated at this location since 2006, demonstrating long-term viability

– Recently executed a 5-year lease extension in 2026, reinforcing commitment to the site

– Nine remaining 5-year options, providing 45 years of potential income from an investment-grade

corporate tenant

– Tenant-constructed fuel pad (at its own cost), which drives recurring visits, increases dwell time,

and enhances customer loyalty

– Favorable lease structure with 10% rent increases every 5 years, providing a built-in hedge against

inflation (not typical for grocer leases)

– Essential-use, recession-resistant tenant; grocery is widely regarded as one of the most internet-resistant and economically resilient retail categories, with

consistent consumer demand irrespective of economic cycles

– Limited direct competition, with the nearest Safeway approximately 8 miles away

– Ranked #1 out of 8 Safeway locations within a 15-mile radius (per Placer.ai)

Dominant Grocery Anchor at Conifer Town Center

– Anchors a synergistic tenant mix including Starbucks, Conifer Public Library, Great Clips, Snowpack

Taproom & Pizzeria, and Sonic

– Creates a strong daily-needs retail ecosystem, driving consistent foot traffic

y High-Visibility Location on Major Retail Corridor

– Situated along U.S. 285, the primary retail thoroughfare serving the trade area

– Traffic counts of approximately 22,000 vehicles per day provide strong exposure and accessibility

Strategic Positioning Across from Conifer High School

– Directly across from a major local demand driver with approximately 800 students

– Generates consistent daily traffic from students, faculty, and surrounding households

Affluent Demographics & Proximity to Denver MSA

– Average household income of approximately $182,300 within a 5-mile radius

– Located within the broader Denver MSA, serving a population exceeding 3.4 million residents

Listing Contacts

SR
CO EC.100085004, CA 02101543 (+42)
ParaSell Inc
Listed by ParaSell Inc

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$
$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,058,417.00
$88,201.42/mo

Valuation Metrics

0
DSCR
6.35%
Cap Rate
6.35%
ROI

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Additional Information

Name
Scott Reid
License
EC.100085004
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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