Just Listed - Circle K in Denver MSA | 20-Yr 16846 Auburn Hills dr

5,200 SF Retail Building Parker, CO 80134 $3,906,250 ($751/SF)

Investment Highlights

  • Strategically Located at the Signalized Hard Corner Intersection Along Main Retail And Traffic Corridor
  • Massive Housing Development in Parker
  • Prominent Retail Location Adjacent to Flatacres Marketcenter / Parker Pavilions

Executive Summary

Built in 2025, a 5,200 square foot free-standing Circle K convenience store (open 24 Hrs. with beer & wine License) with gas station (7 MPD’s & 14 Fueling Positions) situated on 1.60 acres. Circle K’s 20-year lease expires in September of 2043, leaving approximately 18.75 years remaining on the initial lease term.
Absolute NNN Ground Lease - Zero landlord responsibilities for operating or capital expenses
Corporate Backed Long-Term Lease – Circle K Stores, Inc., signed a new 20-year lease in 2023 leaving approximately 18.75 years remaining on the lease term
Attractive Rent Increases – Lease features 5% rent increases every 5 years in the remaining primary term and options, providing a hedge against inflation
Investment Grade Credit – Circle K is rated “BBB” investment grade by Standard & Poor’s
Large Format Circle K – (open 24 Hrs) with Beer & Wine License - 1.60-acre site with 14 fueling stations and 20 parking stalls
Circle K is the Largest Chain of Company-Owned Convenience Stores in the United States – over 7,230+ stores (14,800 Stores Worldwide) in 48 U.S. states with annual revenues for Alimentation Couche-Tard exceeding 69.3 Billion in 2024

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
5,200 SF
Year Built
2025
Construction Status
Under Construction
Price
$3,906,250
Price Per SF
$751
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.60 AC

PROPERTY TAXES

  • Listing ID: 34161926

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 16846 Auburn Hills dr, Parker, CO 80134