7-Eleven (Condo) | $2.9M in Gross Sales

Investment Opportunity: 7-Eleven Retail Condominium

Lee & Associates presents a single-tenant 7-Eleven retail condominium for sale in a prime downtown Denver location. This 3,500-square-foot property is part of the upscale Isbell Lofts and is strategically positioned at the busy intersection of 18th and Lawrence streets.

Key Investment Highlights

• Prime Urban Core Location: Situated in a densely populated and highly desirable area of downtown Denver, the property is within walking distance of major attractions like Union Station, Coors Field, the Dairy Block, and the 16th Street Mall. This central location benefits from a significant mix of residential density and strong daytime traffic, with over 1,000 apartment units nearby.

• Credit-Backed Tenant: The asset features a corporate guarantee from 7-Eleven, Inc., which holds an “A” rating from Standard & Poor’s. This ensures a stable and reliable income stream.

• Passive NNN Lease: The property operates under a triple-net (NNN) lease, requiring minimal landlord involvement. 7-Eleven recently exercised its second five-year option, extending the lease through December 2030, with built-in rent escalations.

• Strong Market Fundamentals: Located in one of the most supply-constrained urban markets in the country, the property is well-positioned for long-term growth. The area boasts an estimated average household income of over $144,000 within a 3-mile radius, driven by Denver’s metro population of over 3 million. This offering is a compelling opportunity to acquire a high-performing, credit-backed retail asset in a dynamic central business district.