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THE OPPORTUNITY

DePaul Real Estate Advisors is pleased to present the opportunity to purchase

Taco Palace, a newly renovated single-tenant fast food restaurant in Denver’s

fast-growing northeast suburban market of Brighton, Colorado. The property is

100% occupied by a seasoned restaurateur whose loyal following supports

strong sales at the subject location and other locations in the metro area. The

NNN lease includes personal guarantees and the tenant pays most expenses

directly, making this an ideal opportunity for a passive investor.

LOCATION 2020 E. Bridge Street, Brighton, CO 80601

PURCHASE PRICE $1,274,800

NOI $76,488

CAP RATE 6% initial cap rate, 6.7% average over lease term

LEASE TERM 1/2018 – 3/2029 (8 years remaining)

RENT INCREASES 3% Annually

BUILDING SIZE 2,360 SF

LAND AREA 0.43 AC (or 18,731 SF)

YEAR BUILT 1977, renovated 2019

PARKING 26 Surface | 11:1000 SF

PROPERTY DESCRIPTION

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D/B/A Taco Palace

TENANT Star 92, Inc.

GUARANTOR The lease is personally guaranteed.

LEASE COMMENCEMENT January 1, 2018

LEASE EXPIRATION March 30, 2029

LEASE TERM REMAINING 8 years

SECURITY DEPOSIT $8,000

OPTION TO RENEW1 option to extend for 3 years with 6 months’ advance

notice. Base Rent shall be adjusted to Fair Market

Rent, then increase 3% per year.

NNN

Tenant shall pay to Landlord its pro-rata share of all

of the real property taxes or any tax levied in lieu

thereof and its pro-rata share of the premiums for the

policy of standard fire and extended coverage insurance

with a rent insurance endorsement, insuring the

building and improvements of the Premises.

Tenant shall pay the costs of all utilities, including

but not limited to gas, propane, electricity, water, and

sewer used and consumed by the Tenant.

REPAIRS & MAINTENANCE

Tenant shall maintain and keep all parts of the

interior of the Premises, which include but are not

limited to, interior wall surfaces, doors, door

hardware, plumbing, electrical, and mechanical

equipment within the Premises in good operating

condition and repair.

Landlord shall keep the foundation, the four outer

walls (excluding all glass windows and window

frames and doors), gutters, downspouts, and roof of

the Premises in good repair.

Note: the roof was replaced in 2019; some HVACequipment was replaced in 2019.

RENT SCHEDULE PSF MONTHLY ANNUALLY

April 1, 2020 31.46 6,188.00 74,256.00

April 1, 2021 32.41 6,374.00 76,488.00

April 1, 2022 33.38 6,565.00 78,780.00

April 1, 2023 34.37 6,760.00 81,120.00

April 1, 2024 35.39 6,960.00 83,520.00

April 1, 2025 36.46 7,170.00 86,040.00

April 1, 2026 37.58 7,390.00 88,680.00

April 1, 2027 38.69 7,610.00 91,320.00

April 1, 2028 39.86 7,840.00 94,080.00

5COTTONWOODCARE CENTER

SUPER LIQUORM&M CONNECTION

GERALD’S WATCH REPAIRV-CUTS

SERAFINI’S PIZZASPORT & SPINE

IDEA OF BRIGHTONELITE MARTIAL ARTS

BENEDICT

PARK

BRIDGE SQUARE

APARTMENTS168 UNITS

SPRING HOLLOW

APARTMENTS108 UNITS

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E BRIDGE STREET | E 160TH AVENUE | 19,628 VPD

MEDICAL / OFFICE100% OCCUPIED

BRIGHTON MEDICAL CLINIC

LUCKY LANES OFBRIGHTON

SPRING HOLLOW APARTMENTS

108 UNITS

BRIDGE SQUARE APARTMENTS

168 UNITS

ROCKY MOUNTAINBAPTIST CHURCH

MEDICAL / OFFICE100% OCCUPIED

BARR LAKE

ADAMSCOUNTYJUSTICECENTER

BRIGHTONSPORTS

COMPLEX

CARMICHAEL

PARK

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BROMLEY INTERSTATE BUSINESS PARK and 76 COMMERCE CENTER is a 420-acre Class A industrial

development that includes the corporate headquarters for Transwest Trucks, a heavy truck dealership whose brands

include Freightliner and Western Star; electricity provider United Power; Western United Electric Supply; a regional

distribution center for Staples/Quill; Great Plains Moving and Storage; Walmart; and others.

BROMLEY TOWN CENTER is a 300-acre commercial development on the southeast border of Brighton that acts as

the City’s “Front Door.” The Bromley Town Center integrates multi-family housing, offices, retail, restaurants, parks and

civic facilities. The Town Center includes the new Adams County Justice Center which houses the 17th Judicial District

of Colorado; and Brighton community ball fields, which sit next to the Platte Valley Medical Center.

PRAIRIE CENTER | Stretching from E-470 to Bromley Lane along the west side of I-76 is Prairie Center. This

4,000-acre development features single and multi-family homes, parks, and schools, and 900,000 square feet of

retail space anchored by Home Depot, JC Penney, and Super Target, and also includes hotels, restaurants, and more.

PLATTE VALLEY MEDICAL CENTER, part of the SCL Health hospital system, features four buildings totaling

350,000 square feet. The buildings include a 98-bed patient tower and two 58,319-square foot medical office

buildings. PVMC had 998 babies born in its nursery, nearly 21,000 emergency visits, 18,000 CT scans and

ultrasounds, and over 800,000 lab procedures. The full campus is designed with the future buildout potential of

six stories and 300 beds to make PVMC a full-scale regional medical center.

ECONOMIC GENERATORS

PLATTE VALLEY MEDICAL CENTER

PRAIRIE CENTER

76 Commerce Center at Bromley Interstate Business Park

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ADAMS COUNTY GOVERNMENT CENTER | The county has built a new office

campus to consolidate its dozens of administrative offices. The new campus sits near

I-76 at Sable Road and E-470 and employs approx. 2,000 people. The Government

Center opened in 2010.

DENVER INTERNATIONAL AIRPORT is just 15 minutes southeast of the site,

operating six runways that serve three concourses. It is the first airport capable of

landing three planes simultaneously in all weather conditions. DIA ranked 15th

busiest airport in the world and the 5th busiest in the US by passenger traffic. It

also has the third largest domestic network.

THE E-470 BELTWAY is a 46-mile toll way encircling the Denver-Aurora metro

area, connecting the suburbs of Highlands Ranch, Aurora, Brighton, and

Westminster. It is the first highway in the US to implement full highway-speed

electronic tolling. E-470 has come to be a direct route to the airport from the

rapidly-growing suburban tiers of the metropolitan area, especially Brighton.

Significant growth in the region has and will continue to occur in the E-470

corridor. The expressway guarantees economic development, particularly near

interchanges like that nearest the site at I-76.

ADAMS COUNTY GOVERNMENT CENTER

DENVER INTERNATIONAL AIRPORT

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DENVER - Located in the South Platte River Valley on the western edge of the High Plains, the City of Denver is a young, active city at the base of the Colorado Rocky

Mountains. As of 2020, the City of Denver was the 19th most populous US city with a population of 716,492. It is the most populous city within a 500-mile radius. A

strongly rising population translates to above-average labor force growth, ensuring long-term job gains in a variety of consumer-related industries. Another positive factor

is Denver’s well-educated labor force, which should attract companies considering relocation. Colorado ranks 2nd among the 50 states for percentage of residents with a

bachelor’s degree or higher.

The highly-skilled and educated workforce in Metro Denver provides the basis for nine major industry clusters that support Colorado’s economy. These include:

AEROSPACE AVIATION

FOOD & BEVERAGE PRODUCTION BROADBAND & DIGITAL COMMUNICATIONS

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BIOSCIENCE ENERGY & NATURAL RESOURCES

FINANCIAL SERVICES HEALTHCARE & WELLNESS

IT-SOFTWARE

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1 MILE 3 MILES 5 MILES

POPULATION2026 Projection

2021 ESTIMATE2010 Census

Growth 2010-2021

Growth 2021-2026

Median Age

Average Age

Median Age, Male

Median Age, Female

Average Age, Male

Average Age, Female

16,109

15,43713,990

10.34%

4.35%

35.60

37.10

34.70

36.80

36.10

38.20

47,967

44,93535,224

6.75%

27.57%

34.20

35.20

33.90

34.50

34.70

35.80

63,717

59,11845,424

30.15%

7.78%

35.30

36.10

35.10

35.40

35.70

36.40

2021 POPULATION BY RACEWhite

Black

Am. Indian & Alaskan

Asian

Hawaiian & Pacific Island

Other

90.69%

2.40%

2.77%

1.23%

0.14%

2.78%

90.29%

2.10%

2.57%

1.86%

0.17%

3.00%

90.00%

2.14%

2.86%

1.93%

0.19%

2.87%

2021 POPULATION HISPANIC ORIGIN 49.52% 40.51% 37.29%

2021 POPULATION BY EDUCATIONSome High School, No Diploma

High School Grad (Including Equivalency)

Some College, No Degree

Associates Degree

Bachelor Degree

Advanced Degree

16.55%

34.12%

30.24%

4.81%

9.85%

4.42%

11.96%

30.57%

31.40%

5.92%

14.38%

5.77%

12.33%

29.61%

31.92%

2.83%

14.54%

5.78%

1 MILE 3 MILES 5 MILES

HOUSEHOLDS2026 Projection

2021 ESTIMATE2010 Census

Growth 2010-2021

Growth 2021-2026

Owner Occupied

Renter Occupied

5,223

4,9984,458

12.11%

4.50%

67.93%

32.07%

15,668

14,673

11,396

28.76%

6.78%

71.79%

28.21%

21,176

19,625

14,833

32.31%

7.90%

75.75%

24.25%

2021 HOUSEHOLDS BY HOUSEHOLD INCOME<$25,000

$25,000 - $50,000

$50,000 - $75,000

$75,000 - $100,000

$100,000 - $125,000

$125,000 - $150,000

$150,000 - $200,000

$200,000+

14.05%

20.19%

18.45%

13.15%

12.89%

5.84%

9.44%

6.00%

12.08%

15.32%

17.52%

15.17%

14.05%

9.44%

9.70%

6.71%

10.94%

14.58%

16.91%

15.54%

13.83%

8.80%

10.83%

8.55%

2021 AVERAGE HOUSEHOLD INCOME $90,529 $98,306 $104,432

2021 MEDIAN HOUSEHOLD INCOME $71,096 $83,355 $87,172

2021 HOUSEHOLDS BY MARTIAL STATUS Married

Married No Children

Married w/Children

2,650

1,397

1,253

8,545

4,064

4,482

11,902

5,989

5,913

This information package has been prepared to provide summary information

to prospective purchasers and to establish a preliminary level of interest in

the property described herein. It does not, however, purport to present all

material information regarding the subject property, and it is not a substitute

for a thorough due diligence investigation by the purchaser. DePaul Real

Estate Advisors and the Seller strongly recommend that any prospective

purchaser conduct a thorough, in-depth investigation of every aspect of the

property and the overall transaction. Prospective purchasers should consult

with engineering, tax, financial, environmental, title, managers, and legal

advisors on all matters that may affect the decision to purchase the property

and the subsequent consequences of ownership. DePaul Real Estate Advisors

makes no representations or warranties on the operating history, financial

reports, leases, square footage, age, the presence of any environmental

conditions or hazards, the property’s compliance or lack thereof with respect

to any city, county, state or Federal regulation, or any other aspect of the

property, and makes no warranty or representation with respect to the

financial condition or business prospects of the property or any tenant, or any

tenant’s plans or intentions to continue or renew its occupancy of the subject

property. All references to square footage and income and expense figures are

approximate and shall be verified by Buyer.

The information contained in this information package has been obtained from

sources we believe to be reliable; however, DePaul Real Estate Advisors and the

Seller make no warranty or representation whatsoever regarding the accuracy or

completeness of the information provided. Any proformas, projections, opinions,

assumptions, or estimates used are for example only and do not necessarily

represent the current or future performance of the property.

All information herein is subject to change without any requirement for notice

made by DePaul Real Estate Advisors or the Seller to any prospective purchaser.

Further, this offering may be retracted at any time without notice.

Exclusively Presented By:

DEPAUL REAL ESTATE ADVISORS

JAROD PATE

Broker

Jarod@DePaulREA.com

720-881-2727

15

2020 E. BRIDGE STREET, BRIGHTON, COLORADO

x

x xxx

With delivery of marketing material

Electronic delivery

DePaul Real Estate Advisors

Jarod Pate