Huntington Bank | New 15-Yr Abs NNN GL | Whole Foods | Denver MSA

Highlights:

• New 15-Year Absolute NNN Ground Lease – Scheduled rent commencement January 13, 2027, with zero landlord responsibilities and three five-year renewal options.
• Investment-Grade Corporate Guaranty – Backed by The Huntington National Bank, providing established national banking credit and long-term lease security.
• 10% Rental Increases Every Five Years – Annual rent grows from $200,000 to $242,000 during the initial term, increasing yield from 4.50% to 5.45% based on the asking price.
• Exceptional Affluent Demographics – More than 100,000 residents with average household income exceeding $185,000 within three miles.
• Primary Frontage & Direct Access to East Arapahoe Road – Excellent visibility along East Arapahoe Road (27,700 VPD), near South University Boulevard (34,000 VPD), with two convenient access points.
• Across from Whole Foods-Anchored Streets at SouthGlenn – Established regional retail destination generating approximately 4.4 million annual visits, with an approved redevelopment plan allowing up to 1,125 residential units.
• Premier Denver South Employment Corridor – Approximately three miles from the Denver Tech Center, with more than 219,000 employees within five miles supporting long-term banking demand.

Description:

Colorado Broker of Record: Jason Green, SFR Realty, LLC. License Number: ER, 10089273

Faris Lee Investments is pleased to present the opportunity to acquire a new Huntington Bank property in Centennial, Colorado, within Denver South's economic power corridor. The investment is secured by a 15-year absolute NNN ground lease backed by an investment-grade corporate guaranty, with no landlord responsibilities and rent commencement scheduled for January 13, 2027.

The subject property is strategically positioned within an established regional trade area, with primary frontage and direct access to East Arapahoe Road (27,700 vehicles per day), near South University Boulevard (34,000 vehicles per day). Across from the Whole Foods-anchored Streets at SouthGlenn, which generates approximately 4.4 million annual visits, the property benefits from strong retail draw and convenient accessibility. SouthGlenn's approved master redevelopment plan increases residential entitlements to 1,125 units, providing a catalyst for additional rooftops, consumer traffic, and long-term banking demand.

The surrounding market offers a compelling combination of household wealth and employment density, with more than 100,000 residents and average household incomes exceeding $185,000 within three miles, plus approximately 219,000 employees within five miles. Nearby Denver Tech Center and the broader Denver South corridor support major employers across technology, aerospace, healthcare, and financial services. These demand drivers strengthen the location's long-term banking appeal, pairing affluent infill real estate with corporate credit, passive ownership, and scheduled rent growth.

Premier Denver Tech Center corridor across from The Streets at SouthGlenn and Whole Foods Market

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