Chipotle - Denver, CO (Central Park)
8968 East 46th Avenue, Denver, CO, 80238, US
₫89,754,047,000 | 216 m²
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the new construction CAVA located at 8969 E 46th Avenue in Denver, Colorado (“Property” or “Asset”). CAVA is operating on a corporate absolute NNN lease with ±14.6 years of primary lease term remaining, 10% rent escalations every 5 years and three, five-year renewal options.
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Attributes
Asking price
₫100,328,820,000
Cap rate
5%
NOI
₫5,016,994,000
WAULT
14.6 years
Building area net
240 m²
Year built
2025
Media
Investment Highlights
- Absolute NNN lease with ±14.6 years of primary lease term remaining and zero landlord responsibilities
- Adjacent to The Shops at Northfield, the #1 most visited Lifestyle Center in CO
- CAVA is a rapidly expanding fast-casual restaurant chain with 35.1% revenue growth from FY2023 to FY2024
- Exceptional 1-mile demographics with 1,473% population growth since 2010 and a residential base earning $233K in average household income
- On the corner of Central Park Blvd & Interstate 70 with direct accessibility to 259,000+ VPD
- Positioned within greater Runway 35 North development with 12 acres of retail
Contact brokers
CAVA - Denver, CO (Central Park) (0 Properties)
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Last updated
27 Oct 2025
