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14442 E CEDAR AVE Aurora CO 80012-1412

[Locked] • APN 1975-07-3-34-003

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Details
Property Type Retail
Sub Type Restaurant
Building SqFt 9,190
Lot SqFt 103,568
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code MU-R
Year Built 2006
Building Count 3
Opportunity Zone No
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Restaurant
Asking Details
Asking Cap Rate
******
Marketing Description
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN lease, BJ’s Restaurant & Brewhouse located in Aurora, CO (Denver MSA). The tenant, BJ’s Restaurants Inc., recently exercised their 2nd (5-year) option early, demonstrating their commitment to the site. The lease now has approximately 10 years remaining in the current term with 2 remaining (5-year) options to extend. The lease features CPI-based rental increases in 2026 and at the beginning of each option, growing NOI and hedging against inflation. The lease is NNN with limited landlord responsibilities, making it an ideal, low management investment opportunity for a passive investor.


BJ’s is strategically located near the signalized, hard corner intersection of E. Alameda Avenue and S. Sable Boulevard, with a combined 70,000 vehicles passing by daily. The site benefits from significant street frontage and is equipped with a large monument sign, creating excellent store visibility along S Sable Boulevard. The Property benefits from nearby direct on/off ramp access to interstate 225 (181,600 VPD), a major commuter thoroughfare that serves Aurora and the greater Denver metropolitan area. The asset is within walking distance from the Town Center at Aurora (1,081,000 SF), a multi-story regional mall home to Macy’s, Dillard’s, Century Theater, and more. Located in a dense retail corridor, BJs is within close proximity to a variety of national/credit tenants including Walmart Supercenter, Sam’s Club, Home Depot, Ross Dress for Less, Target, Best Buy, & more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. The 5-mile trade area is supported by more than 392,696 residents and 153,422 daytime employees with an average household income of $82,548.

Investment Highlights
  • Recently Extended Lease | Just Under 10 Y ears Remaining | Scheduled Rental Increases| Options to Extend
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access | Quick Access to Interstate 225 (181,600 VPD)
  • NNN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Strong National/Credit Tenants |Town Center at Aurora (1,081,000 SF |
  • Strong Demographics in 5-Mile Trade Area

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Sold on
 BY:
PL
Patrick R. Luther, CCIM PRO
•••.•••.1115
•••••••.••ther@•••••.com
Brokerage logo
Sold on
 BY:
RT
Ryan Tomkins PRO
•••.•••.8436
••••.•••kins@•••••.com
Brokerage logo
Sold on
 BY:
MM
Matthew Mousavi PRO
•••.•••.1116
•••••••.•••savi@•••••.com
Brokerage logo

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