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Del Taco NNN Property
For Sale
Contact for pricing
Pending

24023 E Prospect Ave, Aurora, CO 80016

Single-tenant restaurant asset with a long-term absolute-net lease structure and scheduled rent growth.

Property SizeContact for details
Days on Market143

Property Features for 24023 E Prospect Ave

General Information

Standard status Pending
Property subtype Retail

Additional Details

Traffic Count 19,773 vehicles/day

Building Details

Buildings 1
Tenancy Single
Listing Agency: Deltondo Advisory Group Irvine
Listed By: Peter Deltondo · License #CA 01797033
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:39PM

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 Deltondo Advisory Group Irvine

Investment Insights

Based on property information with market context.

This single-tenant Del Taco property is offered with a new absolute-net lease expected to begin at closing. The initial term runs 20 years, with 7.5% rent increases scheduled at five-year intervals and four additional five-year options. The lease structure places the property within the NNN category and provides a defined long-term occupancy framework.

The restaurant is positioned across from power centers anchored by Walmart, Lowe’s, Sam’s Club, and Best Buy. Visibility is available from South Southlands Parkway, which records more than 19,773 vehicles per day. The property is located at 24023 E Prospect Ave in Aurora, Colorado.

Key Highlights

  • New 20‑year absolute‑net lease expected at closing
  • 7.5% rent increases every 5 years
  • Four 5‑year lease options included

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Law Firm Electrical Service Restaurant Kitchen & Bath Showroom Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19,773 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby

Demographics for 80016, CO

65,406
Population
24,227
Households
2.7
Avg Household Size
38
Median Age
58%
College-Educated
97%
High-School Grad
32.3 sq mi
ZIP Area
2,025
Density / Sq Mi
$148,421
Median Household Income
$72,518
Median Earnings
$2,140
Median Rent
$707,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant restaurant asset with a long-term absolute-net lease structure and scheduled rent growth.
Where is this nnn property located?
The property is located at 24023 E Prospect Ave Aurora, CO.
What are key features of this property?
This property features: New 20‑year absolute‑net lease expected at closing; 7.5% rent increases every 5 years; Four 5‑year lease options included
(949) 419-3200 Call to check price and availability
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