1920 Freedom Rd
Trinidad, CO 81082

-Absolute NNN Lease -Highway/Interstate Frontage -39,640 SQ/FT Lot -3,238 SQ/FT Building -Great Pylon Signage -18 Years Left on Primary Term -(4) 5 Year Options -$600,000+ Recent Renovation -Perfect Payment History FOR SALE - The Subject Property “Burger King” is a great asset that has a prime location with a tall dedicated pylon sign right off Interstate I-25 (Highway 85/160). The property and sign have great visibility from the Interstate/Highway. The excellent exposure also provides ease of access with multiple sightlines. The Property is occupied by a 17 unit Burger King Franchisee, they also operate other concepts such as Tony Roma’s & Bruegger’s Bagels. They have a perfect rental payment history over the last 14 years. The Lease is a Absolute NNN Lease which is currently in a Primary Term (that was recently extended for 20 years) with 18+ years remaining plus an additional (4) Four (5) Five Year Lease Extensions. The Rent escalates 7.5% every 5 years the next increase is 7/1/21. The Lease contains a personal Guarantee with 3 separate individuals. They have been operating in this location and successful since 2004. The location recently underwent a full $600,000+ building renovation in 2016 to meet the newest Burger King building image and layout standard. The 3,238 square foot building was remodeled to give a higher end feel and appeal to the younger demographic customer while enhancing the back of the kitchen to speed up and improve restaurant operations. The 39,640 square foot lot is located in Trinidad, Colorado. This town has seen a recent boom in economic activity as a result of city wide progressive policies. This asset has performed very well and has a great location along with an attractive, well built newly renovated building creating a stable, very desirable, flexible asset that has great success at this location. The location consistently serves both the interstate/highway traffic which exceeds (15,000 VPD), along with the all the usual daily traffic from the local and regional employment and residents. Please Contact Us with Questions & to Submit Offers. Thank you!