7059 Lowry Blvd Denver, CO 80230-6987

This exceptional investment opportunity presents a brand-new, Class A, 24,944-square-foot grocery store in Denver, Colorado. Located at 7059 E Lowry Blvd, in the Lowry neighborhood, this single-tenant, free-standing building boasts a strong 10.1-year absolute NNN lease with Clark's Market, commencing May 1, 2023, and expiring May 31, 2033. The lease includes three five-year renewal options at fixed rents with 10% increases every five years. The property sits on a 0.8-acre lot and benefits from a 5.00% cap rate and a substantial net operating income (NOI) of $592,420. Built in 2023, this property enjoys 100% occupancy and is situated near the award-winning Exchange at Boulevard One mixed-use development, providing excellent visibility and access to a thriving community. The asking price is $11,848,000, translating to $474.98 per square foot. This fee-simple ownership offers a secure and lucrative investment opportunity in a prime Denver location with convenient access to Downtown Denver, Cherry Creek North, and the Denver Tech Center. The property is offered as-is, where-is, free and clear of existing debt.