Multi-Tenant Restaurant
402 Royalty Pl Fountain, CO 80817
For Sale
Contact for pricing
Two restaurant spaces are occupied under separate leases, including a Domino's location with extension options.
Property Size4,800 SF
Price / SF$250
Days on Market105
Property Features for 402 Royalty Pl
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1965
Listing Agency:
Trent Properties
(719) 630-1600
Listed By:
Deanne Walker · License #CO ER:100081627
Source:
Crexi
Added: Apr 10
Changed: Jul 23
Last Checked: Jul 23 at 11:17AM
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 Trent Properties
Investment Insights
Based on property information with market context.
This multi-tenant restaurant building includes two occupied restaurant concepts. Domino's Pizza is currently in place on a 10-year lease with options to extend. Taco Salsa is also occupied, with approximately two years remaining on its lease.
The property is positioned for visibility just across the street from the 7-11 at the intersection of Santa Fe and Cresta in Fountain. This storefront location supports strong day-to-day exposure for the existing restaurant operations.
The property is positioned for visibility just across the street from the 7-11 at the intersection of Santa Fe and Cresta in Fountain. This storefront location supports strong day-to-day exposure for the existing restaurant operations.
Key Highlights
- Two restaurant spaces occupied under separate leases: Domino's and Taco Salsa
- Domino's Pizza is on a 10‑year lease with options to extend
- Taco Salsa restaurant has approximately 2 years remaining on its lease
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.1k | $21.48 |
| − Vacancy | −$5.1k | −$1.05 |
| EGI | $98.1k | $20.43 |
| − OpEx | −$24.5k | −$5.11 |
| NOI | $73.5k | $15.32 |
4,800 SF · lease $21.48/SF/yr · vacancy 4.90% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.05M
$919.2K – $1.23M
NOI $73,539 @ 7.0% cap · market cap 6.13%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$64.01M
$56.01M – $74.67M
NOI $4,480,463 @ 7.0% cap · market cap 373.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Taco Salsa 2 ...
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Two restaurant spaces are occupied under separate leases, including a Domino's location with extension options.
Where is this conventional restaurant located?
The property is located at 402 Royalty Pl Fountain, CO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two restaurant spaces occupied under separate leases: Domino's and Taco Salsa; Domino's Pizza is on a 10‑year lease with options to extend; Taco Salsa restaurant has approximately 2 years remaining on its lease
