For Sale
$1,458,333

2209 Main StAlamosa, CO 81101

High-yield Colorado QSR, 15-year lease.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a brand new, 2023-built 7 Brew Coffee drive-thru QSR located at 2209 Main St, Alamosa, CO 81101. The property boasts a 530 square foot building situated on a 0.5-acre lot with 9 parking spaces. The absolute NNN ground lease features a 15-year primary term with four, 5-year renewal options, ensuring long-term stability. Rent increases by 10% every 5 years, providing inflation protection. The property enjoys a prime location along US Hwy 285 (24,663 vehicles per day), adjacent to Adams State University and surrounded by national retailers like Walmart, Tractor Supply Co., and McDonald's. The property has a 6.00% cap rate, a $1,458,333 asking price, and a Net Operating Income (NOI) of $87,500. The 100% occupancy commenced on March 18, 2024. This single-tenant, passive investment opportunity offers significant potential for long-term growth and return. The property's double drive-thru design caters to the increasing demand for convenient coffee service. The lease's structure minimizes landlord responsibilities, making it ideal for hands-off investors. The strong sales performance of this 7 Brew location further enhances its investment appeal. This is a rare opportunity to acquire a high-performing asset in a thriving retail market.

Highlights

  • Exceptional sales; contact broker for details.
  • 2023-built 7 Brew Coffee drive-thru with 10+ car stacking lane on a new 15-year lease.
  • Absolute NNN ground lease; passive investment opportunity.
  • 15-year primary term with four 5-year options; 10% rent increases every 5 years.
  • 7 Brew is a rapidly expanding drive-thru coffee chain with over 200 locations and recent Blackstone investment.

Property Details for 2209 Main St

Property type
Retail properties
Square Feet
530 SF
Year Built
2023
Buildings
1
Lot Size (sq. ft)
21,780 SF
Units
1

Location Insight

City
Alamosa
County
Alamosa
State
Colorado
Latitude
37.473986
Longitude
-105.8905482
2209 Main St, Alamosa, Colorado

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2209 Main St
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