10535 Parker Rd Parker, CO 80134-9036
Property profile & analytics
10535 Parker Rd Parker, CO 80134-9036
- Turn key restaurants
- 4,190 SF
- 0.58 lot acres
Property ID
US13-1099144
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Pizza Hut / Take-out & Catering
Property Details for 10535 Parker Rd
- Year built
- 1984
- Construction
- WOOD FRAME
- Lot size
- 0.58 lot acres
- Property size
- 4,190 SF
- Property type
- Turn key restaurants
- APN
- R0352939
- APU
- R0352939
Description
This exceptional investment opportunity presents the chance to acquire a fee-simple interest in a 4,190-square-foot, freestanding Pizza Hut located at 10535 S Parker Rd, Parker, CO 80134. The property boasts a 6.75% cap rate and a strong 15-year absolute NNN lease with a creditworthy franchisee operator. The tenant, an experienced franchisee with over 140 locations and 3,000+ employees, will commence a new lease upon closing, featuring 1.5% annual rent increases and four 5-year renewal options. The property underwent a $200,000 renovation in 2024, and benefits from an additional $60,000 in capital expenditures over the past two years. Situated on a 0.58-acre lot, this Pizza Hut enjoys excellent visibility in a dense retail corridor with over 50,500 vehicles passing daily. Its proximity to the Parker Pavilions shopping center, ranked among the top 4% of most visited shopping centers nationally, further enhances its appeal. The property benefits from a rapidly growing residential market projected to expand by 27%, and its location just 20 miles southeast of downtown Denver adds to its long-term investment potential. The Net Operating Income (NOI) is $91,805. This is a sale-leaseback transaction. The building was constructed in 1984. This is a single-tenant property with 100% occupancy.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Parker
- County
- Douglas
- State
- Colorado
- Longitude
- -104.767
- Latitude
- 39.5251
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,578
$62,890
$223,510
$286,400
-
$225,423
$801,127
$1,026,550
