8775 Washington St, Thornton, CO 80229-4713
- Drive through restaurants
- 2,960 SF
- 1.08 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 8775 Washington St
- Year built
- 2004
- Lot size
- 1.08 lot acres
- Property type
- Drive through restaurants
- APN
- R0150968
- APU
- R0150968
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 1, 2025 | $2,050,000 | Robert S Waler | Dpbi Thornton LLC | Special Warranty Deed | — |
| Jan 21, 2014 | $1,698,400 | Dpbi Thornton LLC | Drake Qsr Partners 2 LLC | Grant Deed | — |
| Aug 21, 2013 | $775,000 | Drake Qsr Partners 2 LLC | Harman Management Corp | Grant Deed | $746k · Citywide Banks |
| Sep 26, 2007 | $500,000 | Harman Management Corp | Long John Silvers INC | Grant Deed | — |
| May 25, 2004 | $575,000 | Long John Silvers INC | 88th & Washington LLC | Grant Deed | — |
Description
This exceptional investment opportunity presents a 2,960 square foot Dunkin' located at 8775 Washington St, Thornton, CO 80229. The property sits on a 1.08-acre lot with 48 parking spaces and boasts a prominent drive-thru. Currently operating under an absolute NNN lease with Sizzling Donuts, LLC, backed by a corporate guarantee from Sizzling Platter, LLC, a large and experienced multi-brand franchisee with over 750 locations nationwide. The lease commenced January 1, 2021, and extends to December 31, 2030, with two, five-year renewal options, each including a 10% rent increase. The property enjoys a 100% occupancy rate, generating a Net Operating Income (NOI) of $113,960, resulting in a 5.45% cap rate. This high-performing location ranks in the 93rd percentile for annual foot traffic among all Colorado Dunkin' locations, situated on a busy thoroughfare with over 30,000 vehicles per day. Its strategic location is further enhanced by its proximity to a Walgreens and a Walmart-anchored shopping center. The property benefits from a strong tenant history, having operated successfully for 11 years prior to the recent lease extension. This is a rare opportunity to acquire a well-established, high-performing Dunkin' in a prime Thornton location, offering significant long-term investment potential.
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Location Insight
- Map
- Local Demand
- City
- Thornton
- County
- Adams
- State
- Colorado
- Longitude
- -104.979
- Latitude
- 39.8552
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
