Property summary
This exceptional investment opportunity presents a 4,373 square foot, Class A retail bank building in Thornton, Colorado, fully occupied by Key Bank under an absolute triple net (NNN) ground lease. The property boasts a 6.94% cap rate and a strong net operating income (NOI) of $159,720, with a sale price of $2,300,000 ($525.95/sq ft). Built in 2009, this single-story building sits on a substantial 1.12-acre lot (48,787.2 sq ft) and features a drive-thru. The credit-rated tenant, Key Bank, ensures a stable, long-term income stream with 100% occupancy. The ground lease structure minimizes landlord responsibilities, making this an ideal low-maintenance investment. Located on Colorado Boulevard in Adams County (zip code 80241), the property benefits from high visibility and accessibility in a thriving area. This investment offers a secure income stream with potential for future appreciation, given the property's prime location and the tenant's financial strength. The long-term lease provides a predictable cash flow, making this an attractive opportunity for investors seeking a passive income source with minimal management requirements.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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