For Sale
$3,454,000
18702 Cottonwood DrParker, CO 80138
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- New 20-year absolute triple-net (NNN) lease with 10% rent increases every five years and four 5-year renewal options. The property is a new construction Brakes Plus building with eight service bays.
- Mavis Topco, a company with over 2,000 units and brands including Brakes Plus, Express Oil Change, and Mavis Discount Tire, guarantees the lease.
- Irreplaceable outparcel to Colorado's highest-traffic Costco, surrounded by strong retail tenants such as Trader Joe's, Raising Cane's, Lifetime Fitness, McDonald's, and King Soopers.
- Located at a high-traffic Denver intersection (Parker Rd & E-470) with over 105,000 vehicles per day (VPD), providing access to the Denver MSA and affluent southeastern suburbs.
- Dominant commercial hub within a 1-mile radius, including 1.5M SF of retail (99.2% occupied), 2,709 multi-family units, and 469 hotel rooms.
- High-income demographic within a 5-mile radius: 189,000+ people with an average household income exceeding $160,000. Parker, Colorado is a highly desirable location.
Property Details for 18702 Cottonwood Dr
- Property type
- Retail properties, Auto shops
- Square Feet
- 4,862 SF
- Year Built
- 2023
- Lot Size (sq. ft)
- 57,064 SF
Location Insight
- City
- Parker
- County
- Douglas
- State
- Colorado
- Latitude
- 39.558008
- Longitude
- -104.773066
18702 Cottonwood Dr, Parker, Colorado
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