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33255117
33255116

2393 W Eisenhower Blvd, Loveland, CO 80537

JR
CO CO FA100070249
Marcus & Millichap - Denver
IH
CO FA. 100096496
Marcus & Millichap - Denver
DI
CO FA.100023779
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver
$2,000,000
2 days on market
Updated 2 days ago

Burger King

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,880
Cap Rate 6.02%
NOI $120,480
Occupancy 100%
Tenancy Single
Brand/Tenant Burger King
Lease Type Modified
Lease Term 20
Lease Expiration 12/15/2034
Remaining Term 8.5
Rent Bumps Yes
Lease Options 2 x 10-Year
Price per SqFt $694
Year Built 1995
Year Renovated 2012
Acreage 0.290
Zoning B
Parking Spaces spaces
Investment Type Net Lease
Lease Commencement 09/29/1995
Ground Lease No

Retail | 6.02% CAP | 2,880 SqFt

Marketing description

This rare Burger King investment opportunity offers a percentage rent lease providing potential upside based on store sales performance. Located on a hard signalized corner parcel with frontage on Eisenhower and Wilson seeing 42K+ vehicles per day, the QSR drive-thru building is anchored by a top-performing Safeway grocery store, which ranks in the 88th percentile in Colorado according to Placer.ai. The property is operated by Ocedon Restaurants, an experienced 32-unit operator across Colorado.

The lease is structured as a Modified NNN with rent based on 8% of annual gross sales, creating upside potential as sales continue to grow. The building features 2,880 SF on 0.29 acres with a 2012 renovation and is positioned in one of Northern Colorado's strongest retail corridors. With a current 6.02% cap rate based on 2025 projected NOI of $120,480, this asset offers investors income stability and future upside tied to Burger King's ongoing "Reclaim the Flame" modernization initiative.

Investment highlights

  • HARD SIGNALIZED CORNER PARCEL
  • QSR DRIVE-THRU BUILDING ANCHORED BY NATIONAL GROCER
  • EXPERIENCED 32-UNIT OPERATOR
  • FRONTAGE ON EISENHOWER AND WILSON SEEING 42K VPD
  • RARE PERCENTAGE RENT LEASE PROVIDING POTENTIAL UPSIDE
  • OUTPARCEL TO A TOP PERFORMING SAFEWAY GROCERY STORE IN COLORADO - 88TH PERCENTILE (PLACER.AI)
  • OPERATED BY OCEDON RESTAURANTS WITH 32 LOCATIONS ACROSS COLORADO
  • 42,000+ VPD ON EISENHOWER & WILSON - LOVELAND'S MAIN THOROUGHFARE

Listing Contacts

JR
CO CO FA100070249
Marcus & Millichap - Denver
IH
CO FA. 100096496
Marcus & Millichap - Denver
DI
CO FA.100023779
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$120,480.00
$10,040.00/mo

Valuation Metrics

0
DSCR
6.02%
Cap Rate
6.02%
ROI

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Additional Information

Name
Adam Lewis
License
ER.100091205
Title
Broker of Record
Name
James Rassenfoss
License
CO FA100070249
Brokerage
Marcus & Millichap
Brokerage Phone
3033282022
Title
CO
Name
Ian Hicks
License
FA. 100096496
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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