B+E negotiates sale of Denver-area Shake Shack for over $5 million

0

B+E, the leading brokerage and technology platform for net lease real estate, today announced the sale of the Shake Shack outside of Denver in Castle Rock, CO for $5,066,666.

B+E, the leading brokerage and technology platform for net lease real estate, today announced the sale of the Shake Shack outside of Denver in Castle Rock, CO for $5,066,666.

This brand new Shake Shack is currently the largest in the state and only the fifth in the country to offer a drive-thru experience.

“By leveraging B+E’s 1031 trading platform, we were able to navigate difficult market conditions and secure a phenomenal asset for our client,” said B+E broker Hayden Salvas. “It was a great result, we were able to close shortly after the tenant officially opened and well before the buyer’s 1031 exchange deadline.”

The brand new lease has a term of 15 years and is an absolute NNN ground lease

For more information on the sale or net leasing investment in general, contact Hayden at [email protected] or visit www.tradenetlease.com.

About B+E

B+E is a modern investment brokerage firm specializing in net rental real estate. The company helps clients buy and sell single-tenant real estate. Founded by highly experienced brokers, B+E redefines trading with an intuitive end-to-end trading platform comprised of user-friendly dashboards and an AI-powered exchange, all leveraging the biggest set net rental industry data.

Complementing senior talent with exceptional technology, B+E’s proprietary process delivers greater speed, unparalleled transaction efficiency and higher asset value. With offices in New York, Chicago, Atlanta, Tampa, Charlotte, Dallas, Orange County and San Francisco, its brokers negotiate properties for clients across the United States. B+E enables virtually anyone to confidently negotiate net rental property.

Share.

About Author

Comments are closed.