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32920336
32920337

2 Locations For Sale

RT
CO IA. 100089126
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners Newport Beach
$2,923,000
54 days on market
Updated 44 days ago

AutoZone & Stoner's Pizza Joint

Details
APN 01313-29-032-000
Property Type Retail
Sub Type Restaurant, Auto Shop
Square Footage 9,467
Cap Rate 5.15%
NOI $150,555
Tenancy Multi
Brand/Tenant AutoZone
Lease Type NNN
Rent Bumps Yes
Year Built 1968
Buildings 2
Acreage 0.870
Zoning U-MS-3
Parking Spaces 46 spaces
Parking per 1,000 SqFt 4.86
Investment Type Net Lease
Ground Lease No
Ownership Fee Simple & Leased Fee Interests

Retail | 5.15% CAP | 9,467 SqFt

Marketing description

SRS Capital Markets is pleased to present the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased AutoZone and the fee simple interest (land and building ownership) in a NNN leased Stoner’s Pizza Joint located in Denver. The asset offers more than 9 years of weighted average lease term (WALT) remaining. Both leases include scheduled rental increases throughout the initial terms and option periods, providing consistent NOI growth and a hedge against inflation. The AutoZone lease is structured as absolute NNN with zero landlord responsibilities, while the Stoner’s Pizza Joint lease is NNN, creating an attractive low-management investment opportunity for passive investors. AutoZone is one of the world’s largest automotive parts retailers, operating more than 7,700 locations throughout the U.S., Mexico, and Brazil. Stoner’s Pizza Joint is an expanding pizza concept with over 60 locations nationwide.

The property is strategically positioned along East Colfax Avenue, benefiting from exceptional visibility and access to more than 30,000 vehicles per day. Located approximately two miles from Downtown Denver, the site sits within a dominant retail corridor surrounded by numerous national and credit tenants, including Trader Joe’s, Sprouts Farmers Market, Chick-fil-A, Starbucks, Taco Bell, and Anytime Fitness, further driving consumer traffic to the area. The surrounding trade area is supported by a population exceeding 519,600 residents and more than 401,000 employees within a five-mile radius, along with an affluent average household income of approximately $171,990 within one mile.

East Colfax Avenue is a historic 50-mile east-west thoroughfare that serves as one of the primary transportation and commercial corridors throughout the Denver metropolitan area. The corridor supports some of the region’s busiest transit routes, serving more than 24,000 riders each weekday, while connecting the municipalities of Denver, Lakewood, and Aurora to numerous regional destinations. Colfax Avenue is also part of the state highway system designated as U.S. Route 40.

The corridor features a dynamic mix of retail, commercial, residential, and office uses, with the subject property positioned within the Urban Redevelopment Plan (URP) area. The

URP is designed to support the City’s vision of creating more complete and inclusive neighborhoods along East Colfax Avenue. Additionally, as of May 2026, significant infrastructure improvements are underway along the corridor, including the development of a new bus rapid transit (BRT) line intended to enhance connectivity and transit access between Denver and Aurora.

Investment highlights

  • 9 Years Of WALT Remaining | Options To Extend | Scheduled Rental Increases | Below Market Rents
  • NNN Leases | Fee Simple & Leased Fee Ownership | Minimal Landlord Responsibilities
  • E Colfax Avenue (30,000 VPD) | East Colfax Urban Renewal Area
  • Strong Demographics In The Immediate Trade Area

Listing Contacts

RT
CO IA. 100089126
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners Newport Beach

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$150,555.00
$12,546.25/mo

Valuation Metrics

0
DSCR
5.15%
Cap Rate
5.15%
ROI

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Additional Information

Name
Tony Pierangeli
License
ER40024553
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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