5101 Quebec St Commerce City, CO 80022-4860

Property Details for 5101 Quebec St

Year built

1999

Lot size

26.49 lot acres

Property size

16,325 SF

Property type

Truck stops

APN

R0111917

APU

R0111917

Description

This exceptional investment opportunity presents a fee-simple, 26.49-acre parcel in Commerce City, Colorado, improved with a 28,000-square-foot TravelCenters of America facility. The property boasts a highly desirable absolute NNN ground lease with a prominent tenant, TravelCenters of America, operating successfully for over 25 years. The current lease, commencing January 22, 1998, expires January 20, 2029, with two five-year renewal options, each including a 15% rental increase. The property generates a substantial net operating income (NOI) of $1,927,905, resulting in a compelling 5.50% cap rate. The single-tenant building, constructed between 1999 and 2002, includes a 19,000-square-foot travel center featuring three restaurants, two retail stores, and a lounge area, along with a 9,000-square-foot truck repair garage, fueling facilities, and extensive parking. The I-1 zoning allows for flexibility in future development. Located on Quebec Street, just off I-270, this site benefits from high visibility and daily traffic exceeding 99,000 vehicles. The asking price is $35,050,000, representing a price per square foot of $1,251.79. The property is offered free and clear of existing debt on an "as-is/where-is" basis. This is a rare opportunity to acquire a stabilized, high-performing asset with significant long-term growth potential. The property's location within the Denver MSA, coupled with the strength of the tenant and the lease terms, makes this an attractive investment for discerning buyers. The property's APN is R0111917.

Location Insight

City

Commerce City

County

Adams

State

Colorado

Longitude

-104.905

Latitude

39.7908

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments