11099 Interstate 25th Frontage Rd Firestone, CO 80631

Property Details for 11099 Interstate 25th Frontage Rd

Year built

1999

Lot size

3.53 lot acres

Property size

5,520 SF

Property type

Grocery and convenience stores

APN

R2937704

APU

R2937704

Description

This exceptional investment opportunity presents a fee-simple ownership of a 5,520 square foot 7-Eleven convenience store and gas station located at 11099 E I-25 Frontage Rd, Firestone, CO 80504. The property boasts a prime location on the I-25 corridor, experiencing high traffic volume (103,900 VPD) and excellent visibility. Built in 1999 and renovated in 2018, this property features 7 diesel lanes and sits on a 3.53-acre lot. The current lease, an absolute NNN net lease with a corporate guarantee from 7-Eleven, Inc., commenced April 1, 2020, and extends to March 31, 2035, with six 5-year renewal options. The lease includes 8% rent bumps every 5 years, providing a hedge against inflation. The current NOI is $378,000, resulting in a 5.30% cap rate and a price per square foot of $1,292.04. The property benefits from strong demographics, with an average household income exceeding $136,000 within a 5-mile radius. This 7-Eleven location is a top performer, ranking in the top 18% statewide and top 22% nationwide among all 7-Eleven stores. The property is situated within five miles of Longmont, Colorado, a rapidly growing city. Nearby businesses include Home Depot, Wendy's, Del Taco, Starbucks, and McDonald's, further enhancing the location's desirability. This is a management-free investment ideal for passive investors seeking a strong, stable return. The asking price is $7,132,075.

Location Insight

City

Firestone

County

Weld

State

Colorado

Longitude

-104.977

Latitude

40.162

CBSA code

24540

CBSA name

GREELEY, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments