245 Market St Keenesburg, CO 80643-9033
Property profile & analytics
245 Market St Keenesburg, CO 80643-9033
- Turn key restaurants
- 5,566 SF
- 2.46 lot acres
Property ID
US13-1199126
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
- Turn key restaurants
Property Details for 245 Market St
- Year built
- 1986
- Lot size
- 2.46 lot acres
- Property size
- 5,566 SF
- Property type
- Turn key restaurants
- APN
- R8981432
- APU
- R8981432
Description
This exceptional investment opportunity presents a brand-new, 4,780 square foot 7-Eleven convenience store and gas station located at 245 Market St, Keenesburg, CO 80643. Boasting a highly desirable absolute NNN lease with a corporate guarantee from 7-Eleven, this property offers a secure, long-term investment with significant upside. The lease, expiring August 31, 2042, includes a substantial remaining term of 17.8 years and features 10% rent increases every five years, ensuring consistent income growth. The property sits on a 2.42-acre lot, providing ample space and excellent visibility from I-76, a major highway with over 15,000 vehicles per day and 3,400+ trucks daily on Market Street. This hard corner location features a freestanding pylon sign, ensuring high visibility and easy access. The property's design incorporates 7-Eleven's new prototype, including a Laredo Taco Company, further enhancing its appeal and revenue potential. The strong tenant, 7-Eleven, is a Fortune 500 company with an "A" S&P credit rating and over $73 billion in annual revenue, demonstrating exceptional financial stability and a long history of lease performance (averaging over 43 years of occupancy). The property benefits from its location in an affluent area with an average household income exceeding $109,000 within a 5-mile radius, and its proximity to Denver (40 minutes northeast) and Denver International Airport (30 minutes). The asking price is $8,768,519, representing a 5.40% cap rate and a net operating income (NOI) of $473,500. This property offers significant tax benefits through accelerated depreciation and cost segregation, further enhancing its investment appeal. The lease also includes a rare fuel sales reporting clause for bonus depreciation. This is a rare opportunity to acquire a high-quality, long-term net lease investment in a rapidly growing market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $7,985,000
- ML approach
- $7,915,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Keenesburg
- County
- Weld
- State
- Colorado
- Longitude
- -104.522
- Latitude
- 40.1128
- CBSA code
- 24540
- CBSA name
- GREELEY, 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
$28,399
$119,570
$280,450
$400,020
-
$428,580
$1,005,187
$1,433,767
