10535 Parker Rd Parker, CO 80134
High-yield Pizza Hut; strong tenant; prime location.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- $1,360,000 asking price for a 4,190 SF Pizza Hut in Parker, CO.
- Absolute NNN lease with a creditworthy franchisee (Grand Mere Restaurant Group, 140+ locations).
- 15-year lease term with 1.5% annual rent increases and four 5-year options.
- 6.75% cap rate with a $91,805 NOI.
- 100% occupancy.
- Recently renovated ($200,000) in 2024.
Property Details for 10535 Parker Rd
- Property type
- Retail properties
- Square Feet
- 4,190 SF
- Year Built/Renovated
- 1984/2024
- Lot Size (sq. ft)
- 25,265 SF
Location Insight
- City
- Parker
- County
- Douglas
- State
- Colorado
- Latitude
- 39.5251622
- Longitude
- -104.7667358
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield Pizza Hut; strong tenant; prime location.
- Where is the retail property located?
- The property is located at 10535 Parker Rd Parker, CO.
- What is the asking price?
- The asking price for this property is $1,360,000.
- What are key features of this property?
- This property features: $1,360,000 asking price for a 4,190 SF Pizza Hut in Parker, CO.; Absolute NNN lease with a creditworthy franchisee (Grand Mere Restaurant Group, 140+ locations).; 15-year lease term with 1.5% annual rent increases and four 5-year options.
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