345 Ken Pratt Blvd Longmont, CO 80501
New
New 15-year NNN ground lease with rental increases.
Property size:
2,000 SFLot size:
0.47 AcresProperty Features for 345 Ken Pratt Blvd
General Information
- Standard status
- Active
- Zoning
- Commercial
- Size
- 2,000 SF
- Lot size
- 0.47 Acres
Building Details
- Year built
- 2026
Source:
Crexi
Listing Agency: Blue West Capital Listing Agent: Brian Wolfman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Longmont Ground Lease Opportunity
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.
Location Intelligence
Current Use by Public Records
Auto shops
Similar Places Nearby
South Creek Auto, Midwest Auto Body, Big O Tires, Unique Works Automotive Repair, Car Key Longmont CO
Location Insight
- Map
- Local Demand
- City
- Longmont
- County
- Weld
- State
- Colorado
- Longitude
- -105.0991954
- Latitude
- 40.1505235
Nearby Similar for Sale
FAQs
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 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.
