S. Havana St Investment Sale

Property Description

$5,900,000

This complex was built as an auto dealership and currently is home to Lyft, Inc. in Colorado, and Caliber Fleet Solutions through a sublease. The lease has options through 6/30/2055 and the sub-lease has options through 6/15/2055. Both options are exercisable every five years, most recently in June of 2020. Base rent to landlord is currently $25,300/month. This is a NNN lease and the tenant has a one-time right of first refusal, details of which will be disclosed to any potential buyer through a confidentiality agreement. This property is next to Infiniti of Denver, with Mile High Acura, Mile High Honda and Larry H. Miller Chrysler/Dodge located across the street next to the Kennedy Golf Course. The area has several nearby office parks, several apartment complexes, and numerous retail and restaurant amenities.

 

 

Details