Safeway + Fuel
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
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
