Maverik – Fort Collins, CO

Maverik
6730 Innovate Place, Timnath, CO, USA

Sands Investment Group is pleased to exclusively offer for sale the 5,638 SF Maverik NNN Asset located at 6730 Innovate Place in Fort Collins, CO. The property is secured by a 17+ Year Triple Net (NNN) Lease, and is eligible for 100% bonus depreciation on qualifying components, providing investors the opportunity to accelerate depreciation deductions and enhance after-tax returns.

  • 100% Bonus Depreciation: Fee simple ownership provides the opportunity to utilize 100% bonus depreciation on qualifying building components and site improvements.
  • Maverik / Kum & Go Credit: Maverik acquired Kum & Go in 2023, creating one of the nation’s largest convenience store platforms with 830+ locations across 21 states.
  • 17+ Year Triple Net (NNN) Lease: Long term lease structure provides investors with durable income and minimal landlord responsibilities.
  • Affluent Fort Collins Demographics: Located within the highly affluent Fort Collins submarket of Timnath, featuring $183,000+ average household income within a 3-mile radius.
  • Colorado Net Lease Investment: Opportunity to acquire a long-term net lease asset in Colorado, a highly sought-after market with limited availability of quality single tenant investment product.
  • 2023 Construction: Recently built facility features modern construction and current prototype design, offering investors a quality, institutional grade asset.

In Cooperation With Sands Investment Group – Lic. #1000070604 BoR: Max Freedman – Lic. CO #100070604

Maverik
6730 Innovate Place, Timnath, CO, USA

Maverik

Maverik is a leading adventure-themed convenience store and fuel retailer offering fuel, fresh food, beverages, snacks, and other convenience products across the Western and Midwestern United States. Founded in 1928, the company operates more than 830 locations across 21+ states and employs more than 16,000 team members. Maverik differentiates itself through fresh, made-to-order food, innovative convenience offerings, and a distinctive outdoor-oriented brand experience. With a strong presence across high-growth Mountain West markets, the company continues to expand its footprint and invest in its store network and customer experience. Backed by FJ Management, Inc.

Price

$11,100,000

Cap Rate

4.90%

PREMISES

5,638 SF

YEAR BUILT

2023

RENEWAL OPTIONS

5 x 5 Year Options with 5% Increases

Lease Expiration

12/07/2043

Lease Type

NNN

RENTAL INCREASES

7.5% Every 5 Years

BROKERS

List with SIG

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