Arby's Ground Lease

Highlights:

• New 15 Year Absolute NNN Ground Lease to Arby’s
• Leased to the Largest Arby’s Franchisee Operating 370 Restaurants
• Brand New Highly Functional 2021 Construction with Drive-Thru
• Significant Investment into Improvements by Tenant Showing Commitment to the Location
• Prominent Retail Location Off I-70
• Location in Grand Junction MSA – 5th Largest in Colorado

Description:

The subject property is centrally located with excellent access and visibility along F Road (15,000 AADT) and I-70 Business Loop (27,500 AADT). The site benefits from robust demographics with a total population of 69,685 within a 5-mile radius. Average household income within 5 miles of the site is $71,189.

The property benefits from a prominent retail location in close proximity to shopping centers, major retail tenants, schools, and employers. Nearby retail centers include Mesa Pointe Plaza, featuring Harbor Freight Tools, Dollar Tree, Mesa County Library, Burger King, and Qdoba; Coronado Plaza, with tenants including City Market, Ace Hardware, GNC, One Main Financial, H&R Block, US Bank, Coronado Liquor Mart, Dickey’s BBQ Pit, and more; Peach Tree Center, featuring Murdoch’s Ranch & Home Supply, Family Dollar, Mesa Fitness Clifton, Clifton DMV, O’Reilly Auto Parts, McDonald’s, Taco Bell, Subway, Maverik Adventure’s First Stop, Denny’s, Wendy’s, and more; Other retail tenants in the surrounding area include Walmart Supercenter, Freddy’s Frozen Custard, Shell, KFC, Walgreens, Starbucks, Sonic, AutoZone, Jiffy Lube, and more.

The property is also located less than 2 miles from Grand Mesa Middle School (652 students), Central High School (1,598 students), and Clifton Elementary School (395 students) drawing students, parents, and staff to the area. Western Colorado Community College is approximately 4 miles from the site with an undergraduate enrollment of 2,728 students. 346-bed St. Mary’s Medical Center is located 6 miles down the road from the property. It is the largest major medical and treatment referral center between Salt Lake City and Denver and meets the needs of people in western Colorado and eastern Utah. In addition, the 24-acre Cross Orchards Historic Site, a living history museum and large tourist attraction is less than 2 miles down the road. There are also multiple developments, hotels, and religious institutions surrounding the site.

This property is listed in conjunction with Colorado-licensed real estate broker Legend Partners, LLP.