Centennial CO - Take 5

Description:

Franchisee Guaranteed Lease | Options To Extend | Scheduled Rental Increases
New 20-year lease with 3 (5-year) option periods to extend
The lease features 10% rental increases every 5 years and at the beginning of each option period, providing a hedge against inflation and steadily growing NOI

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
No landlord responsibilities
Ideal, management-free investment for an out-of-state, passive investor

Fronting South Parker Road (Hwy 83) | Excellent Visibility & Traffic
Take 5 is strategically located on South Parker Rd, a major retail thoroughfare for Centennial with over 77,000 cars passing the site each day at the signalized intersection of S Parker Rd & S Lewiston Way
The asset has excellent visibility via street frontage providing ease and convenience for customers

Strong Demographics in 5-Mile Trade Area
More than 264,000 residents and 166,230 employees support the trade area
$147,751 average household income

Proximity to Regis Jesuit High School | Discounted Rates for Students & Parents
The Take 5 is located on South Lewiston Way, the entrance to the major local high school, Regis Jesuit High School, with over 1,700 students
Take 5 has negotiated a discounted rate with the students of Regis Jesuit and their staff, ensuring a solid customer-base for the duration of the lease