7-Eleven Gas
New
For Sale
$4,301,075
8820 Colorado Blvd, Denver, CO 80229
A recent lease extension supports the property’s 19-year absolute NNN lease term.
Property Size3,038 SF
Price / SF$1,415
Days on Market4
Property Features for 8820 Colorado Blvd
General Information
Standard status
Active
Size
3,038 SF
Property subtype
Auto Service - Gas-Conv
Lease Type
Absolute Net
Additional Details
Cap Rate
4.65%
Amenities
19 Year Absolute Net Lease featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Recent Lease Extension - 17+ Year Historical Occupancy.
Prominent Hard-Corner Positioning at East 88th Avenue and Colorado Boulevard with Combined Daily Traffic Counts Exceeding 47k, provides Exposure to Intersecting Traffic Streams.
Bonus Depreciation - Significant Tax Benefits: Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation
The Nearby 220-Unit Village on Cypress Apartment Community Provides a Concentrated Residential Customer Base, Positioning the Property for Repeat Visits Tied to Everyday Household and Commuting Needs.
Located Approximately one Mile from Interstate 76, the Property Offers Convenient Freeway Access, Positioning it to Serve Local Residents, Regional Commuters, and Motorists Traveling through North Denver.
Strong Tenant - The Company is Ranked #162 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of "A" and an Annual Revenue of more than $78.50 Billion. 7-Eleven has never Defaulted on a Lease and Averages Over 43 Yrs Occupancy.
Surrounded by Meadow Community School, York International School, Achieve Academy, and Academy High School, Positioning the Property to Capture Recurring Fuel and Convenience Purchases from Students, Parents, and Faculty.
Rapid Population Growth & Affluent Trade Area - Features an Average Household Income of More than $116k within a 1-Mile Radius and over 255k People Residing within a 5-Mile Radius. Located along East 88th Avenue, the 80-Acre Mile High Flea Market Reports more than 3,000 Weekend Sellers, Establishing a Substantial Regional Shopping and Entertainment Draw.
Building Details
Building Size
3,038 SF
Tenancy
Single
Listing Agency:
Marcus & Millichap - Denver
Listed By:
Adam Lewis · License #License(s) CO: ER100091205
(303) 328-2000
Source:
Marcusmillichap
Added: Oct 11
Last Checked: Oct 12 at 4:50PM
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 - Denver
Investment Insights
Based on property information with market context.
This 7-Eleven property combines a gas station with convenience retail and is located at 8820 Colorado Blvd in Thornton, within the Denver metropolitan area. The lease is described as absolute NNN, with a 19-year term and a recent extension.
Thornton is a northern Denver suburb connected to the wider region by Interstate 25, Interstate 70, E-470, and U.S. Highway 36. The city is also served by RTD’s N Line.
Thornton is a northern Denver suburb connected to the wider region by Interstate 25, Interstate 70, E-470, and U.S. Highway 36. The city is also served by RTD’s N Line.
Key Highlights
- 7‑Eleven property with gas station and convenience retail
- 19‑year absolute NNN lease term
- Recent lease extension
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
20k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Conoco
Shops & Services
11,357 visits/mo
0.0 miles
7-Eleven
Shops & Services
8,649 visits/mo
0.0 miles
Demographics for 80229, CO
54,153
Population
20,130
Households
2.7
Avg Household Size
33
Median Age
20%
College-Educated
79%
High-School Grad
12.5 sq mi
ZIP Area
4,332
Density / Sq Mi
$83,450
Median Household Income
$42,198
Median Earnings
$1,719
Median Rent
$382,900
Median Home Value
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Market
Vacancy Rate% for Retail in Denver, CO
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Frequently Asked Questions
What type of property is this?
Gas station - A recent lease extension supports the property’s 19-year absolute NNN lease term.
Where is this gas station located?
The property is located at 8820 Colorado Blvd Denver, CO.
What is the asking price?
The asking price for this property is $4,301,075.
What are key features of this property?
This property features: 7‑Eleven property with gas station and convenience retail; 19‑year absolute NNN lease term; Recent lease extension
