Kum & Go
11505 W Belleview Ave, Littleton, Colorado
Cap Rate: 5.20%
Price Per SF: $1,301.81
Leasable Area: 5,790+ SF
Term Remaining: 18.8 Years
Year Built: 2019
Lot Size: 2.00 Acres
Long Term Lease - There are just under 19 years remaining on the initial term of the lease. Which is followed by four, 5-years options.
Denver, Colorado MSA - The property excellently located in the Denver metropolitan area and just 10 miles from the heart of Downtown Denver, Colorado's most populous city.
Rental Increases - 7.5% Rental increases every five years during the base term. 5% Rental increases every five years during the option periods.
Strong Tenant - 400+ Unit operator, Kum & Go is the 18th Largest Convenience Store Operator in the Nation. 2020 marks Kum & Go's 61st year in the business.
Essential Amazon Proof Business - The subject property has remained open and has paid rent in full and on time every month throughout the mandatory stay-at-home orders given by the government at a result of the Covid-19 pandemic.
Zero Landlord Responsibility - Absolute Triple Net Lease. There are Zero Management responsibilities, perfect for buyers looking for a “hands-off” investment.