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
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
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
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
PROPERTY TAXES
Parcel Number | 1575183-44-002 | Improvements Assessment | $320,683 |
Land Assessment | $157,523 | Total Assessment | $478,206 |