Popeyes NNN Ground
For Sale
Contact for pricing
Pending
15050 E Colfax Ave, Aurora, CO 80011
Long-term triple-net occupancy includes scheduled rent increases and multiple renewal options.
Property SizeContact for details
Days on Market141
Property Features for 15050 E Colfax Ave
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - Los Angeles
(310) 909-5500
Listed By:
Jason Fefer · License #CA 02100489
Source:
Crexi
Added: Apr 13
Changed: Aug 29
Last Checked: Apr 24 at 5:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
Located at 15050 E Colfax Ave in Aurora, Colorado, this property supports a newly established Popeyes ground lease scheduled to begin in 2025. The agreement provides a 20-year initial term, 10% rent increases every five years, and four additional five-year renewal options, creating a potential lease duration of 40 years.
The site is positioned along E Colfax Avenue, which records 38,300 vehicles per day, with nearby I-225 carrying 150,000 vehicles daily. Adjacent Aurora Creekside is a 148-unit townhome project under construction. The surrounding retail corridor includes McDonald’s, Dutch Bros, Murphy Oil, VASA Fitness, and Holiday Inn Express. Schools located one block away include a high school, middle school, and elementary school, while the property is part of the Denver metropolitan area.
The site is positioned along E Colfax Avenue, which records 38,300 vehicles per day, with nearby I-225 carrying 150,000 vehicles daily. Adjacent Aurora Creekside is a 148-unit townhome project under construction. The surrounding retail corridor includes McDonald’s, Dutch Bros, Murphy Oil, VASA Fitness, and Holiday Inn Express. Schools located one block away include a high school, middle school, and elementary school, while the property is part of the Denver metropolitan area.
Key Highlights
- Popeyes ground lease with a 20‑year initial term beginning in 2025
- 10% rent increases every five years
- Four five‑year renewal options, allowing a potential 40‑year term
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
183k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 45%
Hotels & Casinos 4%
Electronics 1%
Dutch Bros. Coffee
Dining
21,687 visits/mo
0.3 miles
Exxon
Shops & Services
14,374 visits/mo
0.4 miles
Burger King
Dining
14,031 visits/mo
0.2 miles
Wendy's
Dining
12,685 visits/mo
0.2 miles
Taco Bell
Dining
12,270 visits/mo
0.4 miles
Demographics for 80011, CO
54,254
Population
19,108
Households
2.8
Avg Household Size
32
Median Age
19%
College-Educated
76%
High-School Grad
20.4 sq mi
ZIP Area
2,660
Density / Sq Mi
$69,719
Median Household Income
$36,853
Median Earnings
$1,607
Median Rent
$367,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Long-term triple-net occupancy includes scheduled rent increases and multiple renewal options.
Where is this nnn property located?
The property is located at 15050 E Colfax Ave Aurora, CO.
What are key features of this property?
This property features: Popeyes ground lease with a 20‑year initial term beginning in 2025; 10% rent increases every five years; Four five‑year renewal options, allowing a potential 40‑year term
