Longmont Ground Lease
For Sale
Contact for pricing
345 Ken Pratt Blvd, Longmont, CO 80501
New 15-year NNN ground lease with rental increases.
Property Size2,000 SF
Price / SF$945.84
Days on Market149
Property Features for 345 Ken Pratt Blvd
General Information
Standard status
Active
Size
2,000 SF
Class
A
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$106,880
Building Details
Year Built
2026
Buildings
1
Tenancy
Single
Listing Agency:
Blue West Capital
(949) 270-8210
Listed By:
Brian Wolfman · License #100090116
Source:
Crexi
Added: Mar 24
Changed: Aug 8
Last Checked: Aug 18 at 10:05AM
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 Blue West Capital
Investment Insights
Based on property information with market context.
This property presents the opportunity to acquire a new ground lease with Take 5 Oil Change, located on Ken Pratt Boulevard in Longmont, Colorado. The tenant will execute a new 15-year absolute NNN ground lease with three five-year renewal options. The lease provides long-term passive income with zero landlord responsibilities. The lease features 10% rental increases every five years throughout the primary term and option periods. The lease is guaranteed by ClayCon Oil, a 25+ unit Take 5 franchisee and the brand’s 2023 Franchisee of the Year. The property is situated along Ken Pratt Boulevard, a primary east-west commercial corridor with a traffic volume of over 40,000 vehicles per day, offering strong visibility and access. The location benefits from its proximity to national retailers, employment centers, and residential neighborhoods, serving the North Denver/Boulder County trade area. The surrounding five-mile trade area includes over 112,000 residents with average household incomes exceeding $126,000, and demonstrates sustained population growth.
Key Highlights
- Brand‑new 15‑year absolute NNN ground lease with zero landlord responsibilities, providing long‑term passive income.
- Guaranteed by ClayCon Oil, Take 5 franchisee and the brand’s 2023 Franchisee of the Year.
- Located on Ken Pratt Boulevard (40,000+ VPD), Longmont’s primary east–west commercial corridor.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,353
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80501, CO
42,822
Population
19,173
Households
2.2
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
3,399
Density / Sq Mi
$77,705
Median Household Income
$42,599
Median Earnings
$1,586
Median Rent
$461,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
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- Fine Mower — 1431 S Terry St, Longmont, CO 80501
- Peerless Tires — 1380 S Main St, Longmont, CO 80501
Frequently Asked Questions
What type of property is this?
Auto shop - New 15-year NNN ground lease with rental increases.
Where is this auto shop located?
The property is located at 345 Ken Pratt Blvd Longmont, CO.
What is the asking price?
The asking price for this property is $1,891,681.
What are key features of this property?
This property features: Brand‑new 15‑year absolute NNN ground lease with zero landlord responsibilities, providing long‑term passive income.; Guaranteed by ClayCon Oil, Take 5 franchisee and the brand’s 2023 Franchisee of the Year.; Located on Ken Pratt Boulevard (40,000+ VPD), Longmont’s primary east–west commercial corridor.
