Tenant: Old Santa Fe Mexican Grille 592 S Mccaslin Blvd

5,128 SF Retail Building Louisville, CO 80027 $2,580,000 ($503/SF) 5% Cap Rate

Investment Highlights

  • Strong Demographics in 5-Mile Trade Area

Executive Summary

**PLEASE DO NOT DISTURB TENANTS**
Single Tenant NNN Investment Opportunity
Sale Price $2,580,000
Current Annual Base Rent $10,750
Annual Rent $129,000
CAP Rate 5%
Rent : 9/1/2026 To 9/1/2030 $ 134,879
CAP Rate 5.25%
Building Size (assessor's) 5128 SqFt
Lot Size 9358 SqFt
Parking 88 Spaces 88 Spaces
Year Built 1995
Parking Lot update 2020
Roof & HVAC replacement 2019
Over 25 years of established business and have a total of 3 strong business operations.?
Strong Demographics in 5-Mile Trade Area

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,128 SF
Building Class
B
Year Built
1995
Price
$2,580,000
Price Per SF
$503
Cap Rate
5%
NOI
$129,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.56
Lot Size
0.21 AC
Zoning
PCZD-C, Louisville
Parking
88 Spaces (5.85 Spaces per 1,000 SF Leased)
Frontage
215 FT on McCaslin Blvd

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Old Santa Fe Mexican Grill
  • Accommodation and Food Services
  • 5,128 SF
  • $2.10
  • Triple Net
  • Aug 2030
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Old Santa Fe Mexican Grill Accommodation and Food Services 5,128 SF $2.10 Triple Net Aug 2030
Bike Score®
Very Bikeable (81)

Nearby Major Retailers

Chase Bank
Safeway
Starbucks
KeyBank
Hummus Republic
Goldfish Swim School
Whole Foods
MOD Pizza
Bank of Montreal
IHOP

PROPERTY TAXES

  • Listing ID: 25308520

  • Date on Market: 3/23/2022

  • Last Updated:

  • Address: 592 S Mccaslin Blvd, Louisville, CO 80027