For Sale: NNN Corp. Guarantee | NextCare Urgent Care | Denver, MSA | 3% Annual Inc.

NextCare Urgent Care

 

NextCare Urgent Care

84590 West 121st Avenue | Broomfield, CO

Price: $2,230,171
GLA: 3,400 SF
CAP Rate: 6.00%

Investment highlights

  • NNN Lease – Tenant is financially responsible for all expenses related to the property
  • Corporate Guaranteed Lease – Nextcare Urgent Care operates over 120 locations in 10 states and is the nation’s largest privately held provider of urgent care medicine
  • Established Location – Nextcare has operated at this location since 2008, and has recently entered into their first option period, demonstrating commitment to location
  • Annual Rental Increases – The lease calls for 3% annual increases, a strong hedge against inflation
  • Outparcel to Walmart Supercenter – This location is a direct pad to the Walmart Supercenter in Broomfield, CO
  • Strong Traffic Counts – 44,000 Cars on average pass this location daily
  • High Household Income – The 2015 average household income within a 1-mile radius is over $113,000
  • Growing Demographics – Population in a 1-mile radius is projected to grow at a rate of almost 10.00% in a 1-mile radius from 2015-2020

Click Here for More Information

For more information please contact:

Alex Kozakov
First Vice President
Lic. 01416489
+1 213 613 3031
alex.kozakov@cbre.com

Patrick Wade
First Vice President
Lic. 01454690
+1 213 613 3071
patrick.wade@cbre.com

Eric Roy
Associate
Lic. 01943774
+1 213 613 3410
eric.roy@cbre.com

Broker of Record:
Matthew Henrichs
CBRE | Colorado
Lic. FA100007009

 

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