New 15-Year Extension: 7-Eleven recently executed a new 15-year lease extension ahead of schedule, securing long-term rental income through 2039 from one the world’s most recognized convenience store brands.
NNN Lease: Tenant directly pays for CAM, taxes, insurance, and is also responsible for the roof and HVAC, providing a passive, hands-off investment to the investor.
Strong Rent Increases: The lease features 10% rental increases every 5 years during both the base term and option periods, ensuring predictable, contractual yield growth.
Excellent Access & Visibility: Prominent corner position along Wadsworth Pkwy, a major retail thoroughfare, near the signalized intersection at 100th Ave, where combined daily traffic counts exceed ±56,800 vehicles per day, offering superior visibility and convenient access for commuters and local customers.
Dense & Affluent Trade Area: There are over 250,000 residents within five miles of the property with average household incomes $112,000, supporting strong retail spending power and customer demand.
Major Student Population: Within 1 mile of several major schools including, Standley Lake High School, Wayne Carle Middle School, Jefferson Academy, and Lukas Elementary, totaling 2,600+ full-time students that drive consistent daytime traffic.
Denver MSA: Located less than 15 miles from downtown Denver within the Denver MSA, is the 19th-largest in the U.S. with over 3.05 million residents (2024), supported by a diverse and growing economy.
Established Tenant History: 7-Eleven has been operating at this site since 1999, underscoring its long-term success and site stability.
100% Bonus Depreciation: Potential tax benefits available – consult your CPA or tax advisor.