2734 Walnut St, Denver, CO, 80205-2233, US

F1 Arcade Denver

Description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the single-tenant F1® Arcade located at 2734 Walnut Street in Denver’s vibrant River North Art District (RiNo). This premier experiential retail asset is anchored by the world’s first official Formula 1® hospitality brand, offering a secure and growing income stream in one of Denver’s most dynamic neighborhoods.

The investment is backed by a 15-year double-net (NN) lease with 2.50% annual rent escalations and two five-year extension options. Landlord responsibilities are minimal, limited to the roof (under warranty), structure, and solar systems, while investors benefit from significant income upside through percentage rent and solar rent payments.

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Caractéristiques de l'actif

Surface de l'actif Net

1 461 m²

Occupation

100 %

Année de construction

1963

Taille du terrain

0,17 hectare

Nombre d'unités

15 723

WALT

15 années

Média

Points clés d'investissement

100% net leased with ±15.0 years of term remaining and 2.5% annual rent increases
Backed by the global powerhouse of Formula 1, which boasts $3.7 billion in 2024 revenue and a cumulative global TV audience of 1.6 billion
Tenant guarantor, Kindred Concepts, recently completed a $130 million growth financing round to fuel an aggressive U.S. expansion strategy
Supported by Formula 1 and Liberty Media—owner of F1 and based in Englewood, CO—with exclusive global licensing rights for this first-of-its-kind experiential concept
State-of-the-art experiential concept featuring 69 full-motion professional racing simulators combined with a high-end food and beverage program
One of the first six flagship locations in the United States, establishing a premier and foundational site for the brand’s nationwide rollout