S. Havana St Investment Sale

Property Description

$6,500,000

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

Andrew Dodgen
Andrew Dodgen
Sr. Vice President, Principal