500 Airport Blvd Aurora, CO 80017

This exceptional investment opportunity presents a newly constructed, 2,297 square foot Popeyes restaurant situated on a 0.84-acre lot in Aurora, Colorado. The property boasts a 20-year triple-net (NNN) ground lease with zero landlord responsibilities, commencing April 2, 2024, and expiring April 28, 2044. The lease includes four 5-year renewal options, potentially extending the lease term to 40 years. Annual rent increases of 2% are built into the lease, ensuring consistent income growth. The property's strong location in a high-traffic area of Aurora, adjacent to Buckley Yard, a new 295-unit residential development, and near other major retailers such as Raytheon, Amazon, and McDonald's, guarantees high visibility and customer traffic. The tenant, a top-three national franchisee with over $1.7 billion in revenue, operates a significant portfolio of quick-service restaurants, demonstrating financial strength and stability. The property's net operating income (NOI) is $175,000, resulting in a 5.08% cap rate. The asking price is $3,446,019. This investment offers a compelling combination of a secure, long-term lease, a strong tenant, and a prime location in a rapidly growing area. The property's address is 500 S Airport Blvd, Aurora, CO 80017, Arapahoe County. The parcel number is 1975-16-2-19-002. The building was constructed in 2024. The property is currently 100% occupied.