For Sale
$3,397,000

2779 Acrin AveGrand Junction, CO 81503

High-yield Starbucks, NNN lease, Colorado.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a brand-new, single-tenant Starbucks building in Grand Junction, Colorado. Constructed in 2024, the 2,200-square-foot building sits on a 1.14-acre lot boasting high visibility from US-50, within a thriving commercial area featuring restaurants and parks. The property benefits from a 10-year lease (9 years remaining) with a corporate guarantee, a triple-net (NNN) lease structure, and four five-year options to extend, ensuring long-term stability and predictable income. The building includes desirable features such as a drive-through, ample paved and lit parking, a 1,500-gallon grease trap, and a new HVAC system. The asking price is $3,397,000, representing a 5% cap rate. The property's prime location and strong tenant ensure a compelling return on investment. Landscaping is nicely maintained. This is a turnkey investment ready for immediate income generation. The building is a single-story structure.

Highlights

  • Brand new (2024) construction, 2,200 SF Starbucks building.
  • Fully leased to Starbucks with a 10-year lease (9 years remaining) and four 5-year options.
  • 1.14-acre lot with high visibility from US-50 in Grand Junction, CO.
  • Strong, creditworthy tenant with corporate guarantee and triple-net (NNN) lease.
  • Offered at $3,397,000, representing a 5% cap rate (5.5% average over primary lease term).
  • Features drive-thru, ample paved parking, and landscaping.

Property Details for 2779 Acrin Ave

Property type
Retail properties
Square Feet
2,200 SF
Year Built
2024
Buildings
1
Stories
1
Lot Size (sq. ft)
49,658 SF
Units
1

Location Insight

City
Grand Junction
County
Mesa
State
Colorado
Latitude
39.039104
Longitude
-108.53736
2779 Acrin Ave, Grand Junction, Colorado

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2779 Acrin Ave
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