3250000.00 7.00% nnn investment sale-leaseback

NNN INVESTMENT
QUAKER STEAK AND LUBE RESTAURANT
10392 REED STREET (ROUTE 36 & CHURCH
WESTMINSTER, CO 80021
RANCH BLVD.)
Investment Overview:
Building Size -
9,325 SF

10 Years on NNN (Absolute Net) Lease
Site Size
-
1.47 Acres

10% Increases Every 5 Years

Year Built
-
2010
Two —5 Year Options

Personal Guarantee
Materials
-
CMU w/ Brick
Parking
-
161 + Shared
Taxes
-
$43,891.66
Opened
-
October 2010
Highlights:

Strong Operators with multiple locations
across the U.S.

A++ Location with Superior Traffic Counts
at over 80,000 vehicles passing every day

High income area (Average $96,000)

Immediately adjacent to Marriott, Drury
Inn, Springhill Suites, and over 360,000
SF of Office.

SALE-LEASEBACK
Pure NNN Lease where Tenant is
responsible for everything. (Roof, Taxes,
Snow Removal, Insurance, Landscaping,
Exterior and Interior of building)
FO R M O R E I N FO R M ATI O N, P L EA SE C AL L :
Joshua Cohen
D i rect — 3 03- 8 67- 26 03 | 30 3 -69 2- 18 16
6565 S. Dayt o n St. , Suit e 3000,
G re e nwo o d Vil l age , C O 80111
PRICE
$3,250,000.00
CAP
7.00%
Quaker Steak and Lube
10392 Reed Street (Route
Westminster, CO 80021
36 & Church Ranch Blvd)
SHOPS AT
WALNUT
CREEK
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rc
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ch
an
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Blvd
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WESTMINSTER CITY PARK
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360,000+ SF of
Office
80,000 VECHILES PER DAY
No warranty or representation is made as to the accuracy of the foregoing information. Terms of lease and availability
are subject to change or withdrawal without notice.
Quaker Steak and Lube Best Wings USA©
DEMOGRAPHICS (2013)
Radius
1-Mile
2-Mile
3-Mile
Quaker Steak & Lube Best Wings Population
6,815
36,858
99,042
USA© is a restaurant franchise based Households
2,527
14,703
39,265
out of Sharon, Pa. It was founded in Mean Income $96,447 $88,439 $81,567
1974 and now boasts 72 locations
across the United States. Quaker Steak & Lube is a Motor sports themed
restaurant with theme nights such as All You Can Eat Wing night, Bike Nite, Car
Cruise Ins and much more. QSL has a strong bond in the community in which they
land. Please visit their website www.thelube.com to learn even more about the
concept.
The QSL in Westminster, CO is owned by, Denver Lube Partners LLC, an
investment group based primarily in Canton, Ohio. There are two local owners as
well. Several of the owners in the group own other QSL locations. The management
group currently running the Westminster location is JDK Management. JDK
Management is the largest franchisee with QSL. JDK Management CO. L.P.
Founded in 1983 is a successful and well-respected multi location Operator/
Manager of Restaurants including QSL, Perkins, Nursing Facilities, Hotels and
many other diversified businesses in Colorado, Florida, New Jersey, West Virginia,
Ohio, and Pennsylvania.
The operator working for JDK Management is Mark A. Snyder. Mark is an owner/
operator of four Quaker Steak & Lube locations however his sole focus is on the
Westminster, CO location. Mark has opened up 11 QSL locations since 2005 and
has been in the restaurant business for 34 years.
Traffic Counts
No warranty or representation is made as to the accuracy of the foregoing information. Terms of lease and availability
are subject to change or withdrawal without notice.
Quaker Steak and Lube
10392 Reed Street
Westminster, CO 80021
FO R M O R E I N FO R M ATI O N, P L EA SE C AL L :
Joshua Cohen
D i rect — 3 03- 8 67- 26 03 | 30 3 -69 2- 18 16
6565 S. Dayt o n St. , Suit e 3000,
G re e nwo o d Vil l age , C O 80111