150 136Th AveThornton, CO 80241

  • Commercial land
  • 1.68 AC
For Sale
$4,142,857 View listing

Property Details for 150 136Th Ave

Lot size
1.68 AC
Property type
Commercial land
APN
R0193836
APU
R0193836

Description

Exceptional investment opportunity: a brand new, 4,462 square foot McDonald's ground lease in Thornton, Colorado. This single-tenant building sits on a 1.68-acre lot and boasts a 3.50% cap rate with a net operating income (NOI) of $145,000. Constructed in 2023, the property enjoys a prime location at the intersection of Grant Street and East 136th Avenue, less than a quarter mile from I-25, ensuring high visibility to over 120,000 vehicles daily. The surrounding area features a robust mix of national retailers, including In-N-Out, Raising Cane's, Kum & Go, Canvas Credit Union, and the Denver Premium Outlets with 80+ stores. Ample parking is available, with 39 spaces per 1,000 square feet. This offering presents a rare chance to acquire a high-performing, established McDonald's location in a thriving Colorado market. The asking price is $4,142,857. This property is an excellent addition to any commercial real estate portfolio seeking strong returns and stable tenancy. The property's address is 150 E 136th Ave, Thornton, CO 80241.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $35,370,100
    Retail / Commercial
    $18,246,600
    Mixed-Use / Specialty
    $18,267,400
    Hospitality / Lodging
    $13,514,000
    Office
    $18,248,300
    Institutional / Educational
    $19,021,400
    Residential Income
    $22,255,000
    Multifamily
    $26,215,500
    Automotive / Energy
    $16,304,000
    Parking / Income-Based Land
    $5,541,500
    Restaurant / Food Service
    $9,684,210
    Healthcare / Senior Housing
    $18,644,800

Location Insight

City
Thornton
County
Adams
State
Colorado
Latitude
39.9425
Longitude
-104.984
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$31,635
$252,740
-
$252,740
-
$905,893
-
$905,893

FAQs

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