A Texas Roadhouse restaurant property in Arvada is on the market for $3.3 million. The 9,200-square-foot building, which houses a single tenant, features a 15-year lease with the current occupant and a corporate guarantee.
The property, built in 2025, is fully occupied and operates under a net lease that expires on September 30, 2040. It offers a cap rate of 4.85% and generates a net operating income of $160,000. Three options for lease renewal are available, each lasting five years.
Situated near major thoroughfares—Wadsworth Bypass (CO-121) and an exit for I-70—the area experiences significant traffic, with daily vehicle counts of around 70,000 and 160,000, respectively. The site is surrounded by well-known retailers, including Costco, Lowe’s, and Chick-fil-A, and serves a population of over 320,000 within a five-mile radius, where the average household income is nearly $108,000.
Source: Sales Flyer