Torchys Tacos 13 Yr Abs Nnn Generational Real Estate… — Sale in Lakewood, CO
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Lakewood, CO 80226
Investment Figures
- Cap rate
- 5.50%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Torchy’s Tacos was founded in Austin, Texas in 2006 by former corporate chef Michael Rypka, who was inspired by a love for tacos and a passion for experimenting with food to bring an untraditional taco experience to the people of Texas. The City of Lakewood is the fifth-largest city in the state of Colorado, situated within the Denver metropolitan area. Home to the W light rail line, Lakewood offers numerous opportunities for commercial and residential development with easy access to several major freeways. Investment Highlights: • Absolute Triple-Net Lease with Approximately 13 Years Remaining on Lease Term • Visible to Over 95,000 Cars Per Day via W Alameda Ave and S Wadsworth Blvd • 10 Percent Rental Increases Every Five Years - 5.50 Percent Cap in Two Years • Dense Trade Area in the Denver MSA - Approximately 380,664 Residents in the Surrounding Area • Directly Across from Belmar, an Outdoor Dining, Shopping, and Arts District Home to More Than 80 Stores and Restaurants • Centrally Located within a 15-Minute Drive of Downtown Denver, Colorado School of Mines (8,050 Students), and Denver Federal Center (Approximately 623 Acre Campus with Around 6,200 Employees) • Surrounded by National Tenants: Walgreens, Burlington, Best Buy, DICK'S Sporting Goods, Target, and More • Average Household Income Exceeds $102,000 within a Five-Mile Radius
Market Context
This retail in Lakewood, CO is listed for sale. It is offered at an approximate 5.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 99 days. Compare it against other retail listings for sale in Lakewood, CO — view the full market.
As of Q1 2026, the Denver retail market showed a 4.4% vacancy rate, and cap rates around 6.7%. Source: multiple brokerage reports, Q1 2026.
Its 5.5% asking cap rate is below the Denver retail market average of about 6.7%, reflecting premium pricing relative to comparable assets. Tight vacancy keeps competition for quality space elevated.
Retail market FAQ
- What is the typical cap rate for retail in Denver?
- About 6.7% as of Q1 2026, per multiple brokerage reports.
- Is the Denver retail market tightening or softening?
- Vacancy is around 4.4% (Q1 2026).
Contact
- Adam Lewis · (303) 328-2000
- Josh Sciotto · (602) 687-6647 · josh.sciotto@marcusmillichap.com
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