Retail NNN Investment Opportunity | 8990 Ralston Rd
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Retail NNN Investment Opportunity 8990 Ralston Rd
1,320 SF Retail Building Arvada, CO 80002 $675,000 ($511/SF) 3.97% Cap Rate
Investment Highlights
- Tenant has occupied site for 24 years
- Located across from Ralston Central Park
- NNN Lease thru 7/2026, with two 3-year options to renew
Executive Summary
Located across the street from the recreational park known as Ralston Central Park, this Pizza Hut restaurant offers a nice investment opportunity ideal for a user once Pizza Hut vacates. This Pizza Hut has occupied this site for 24 years and has a NNN lease until July 31, 2026. The building is a delivery and pick-up location only. Pizza Hut currently has two 3-year options to renew. The City of Arvada recently completely rebuilt all sidewalks, concrete work, and landscaping in front of the property.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,320 SF
Year Built/Renovated
1962/2000
Price
$675,000
Price Per SF
$511
Cap Rate
3.97%
NOI
$26,831
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.41 AC
Parking
15 Spaces (11.36 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (70)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 39-104-17-017 | Improvements Assessment | $62,350 |
Land Assessment | $61,861 | Total Assessment | $124,211 |
PROPERTY TAXES
Parcel Number
39-104-17-017
Land Assessment
$61,861
Improvements Assessment
$62,350
Total Assessment
$124,211
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Retail NNN Investment Opportunity | 8990 Ralston Rd
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