VILLAGE INN 23 CENTENNIAL BLVD HIGHLANDS RANCH, CO John Sheflin Senior Advisor

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1 VILLAGE INN 23 CENTENNIAL BLVD HIGHLANDS RANCH, CO John Sheflin Senior Advisor SVN DENVER COMMERCIAL 710 W. COLFAX, DENVER, CO SALE BROCHURE

2 Property Summary OFFERING SUMMARY Sale Price: $3,270,000 Cap Rate: 5.0% NOI: $163,466 Lot Size: 1.51 Acres Year Built: 1985 Building Size: 5,250 SF Market: Denver Submarket: Southeast Denver Price / SF: $ PROPERTY OVERVIEW The property is situated on a acre site which has a 21,000 SF floor area allowance. This sale also includes an additional acres on the adjoining site to accommodate additional parking. The hard, lighted corner location is one of the best in Highlands Ranch; a neighborhood with one of the highest demographics in the country. The building was purpose built for Village in in 1985 as the restaurant group capitalized on the best corner in the area with residential development just beginning in this explosive neighborhood. The tenant did significant updates to the space in 2016 showing their long term commitment to this outstanding location. LOCATION OVERVIEW Located immediately South of C-470 on the Northwest corner of South Broadway and West Centennial Boulevard in the Office Park of Highlands Ranch. PROPERTY HIGHLIGHTS Village Inn Single-Tenant Net Leased Investment Offering Great Demographics in Trade Area Cap Rate 5% based on 2018 Lease rates. Purpose built as Village Inn in 1985 VILLAGE INN 23 CENTENNIAL BLVD HIGHLANDS RANCH, CO SVN Denver Commercial Page 2

3 Aerial Map VILLAGE INN 23 CENTENNIAL BLVD HIGHLANDS RANCH, CO SVN Denver Commercial Page 3

4 Retailer Map VILLAGE INN 23 CENTENNIAL BLVD HIGHLANDS RANCH, CO SVN Denver Commercial Page 4

5 Regional Map Village Inn VILLAGE INN 23 CENTENNIAL BLVD HIGHLANDS RANCH, CO SVN Denver Commercial Page 5

6 Demographics Map POPULATION 1 MILE 3 MILES 5 MILES 8,146 97, , MILE 3 MILES 5 MILES 3,089 37,154 86,098 # of persons per HH Average HH income $108,470 $105,569 $103,732 Average house value $315,328 $338,249 $364,301 Total population Median age Median age (male) Median age (Female) HOUSEHOLDS & INCOME Total households * Demographic data derived from 2010 US Census VILLAGE INN 23 CENTENNIAL BLVD HIGHLANDS RANCH, CO SVN Denver Commercial Page 6

7 Financial Summary INVESTMENT OVERVIEW 2018 SCHEDULED RENTS Price $3,270,000 Price per SF $ CAP Rate 5.0% Cash-on-Cash Return (yr 1) 5.0 % Total Return (yr 1) $163,466 OPERATING DATA 2018 SCHEDULED RENTS Gross Scheduled Income $163,466 Total Scheduled Income $163,466 Gross Income $163,466 Net Operating Income $163,466 Pre-Tax Cash Flow $163,466 FINANCING DATA 2018 SCHEDULED RENTS Down Payment $3,270,000 VILLAGE INN 23 CENTENNIAL BLVD HIGHLANDS RANCH, CO SVN Denver Commercial Page 7

8 Advisor Bio & Contact JOHN SHEFLIN Senior Advisor PROFESSIONAL BACKGROUND John has been actively working in the real estate industry for nearly 20 years. In his first 8 years John worked with resort developers all over the world. Seeking a place to raise his family, John returned to his home town in his late twenties to pursue commercial brokerage. He has spent the last 10 years representing clients with the acquisition and disposition of Investment property and is mainly focused on single and multi-tenant retail opportunities. During his real estate tenure, John has closed over 1,000 transactions and been recognized many times as a market leader and big hitter by the Denver Business Journal, CoStar, the Colorado Real Estate Journal and the Denver Metro Commercial Association of Realtors where he currently sits as an advisory board member. John has a reputation for doing business in a direct, no non-sense manner while treating his clients the way he would expect to be treated; with passion and integrity. In his free time, John spends time with his two children, mentoring inner city at risk youth, playing tennis, riding his road bike, or adventuring through the Rocky Mountains on one of his motorcycles. 710 W. Colfax Denver, CO T C john.sheflin@svn.com MEMBERSHIPS & AFFILIATIONS Certified Commercial Investment Member Denver Metro Commercial Association of Realtors Downtown Denver Partnership International Council of Shopping Centers Board Member of DMCAR VILLAGE INN 23 CENTENNIAL BLVD HIGHLANDS RANCH, CO SVN Denver Commercial Page 8