Actively Managed
Diversified Portfolio

Address: 4555 North Tower Rd., Denver, CO

Investment Strategy: Core
Market: Denver
Asset Type: Retail STNL
Building Size: 4,419 SF
Year Acquired: 4Q20

Description: Granite Peak acquired Jiffy Lube in Denver, Colorado in late 2020. The property is leased to a nationally known tenant on a 20-year net lease at below-market rents, providing for longer-term investment stability and future value creation. The Green Valley neighborhood of North Denver features strong employment growth and growing population and incomes. The Jiffy Lube investment provides a higher return than the typically low-4% returns on other similar investment properties in similar locations, while the property’s Colorado location provides the investor additional diversity away from a concentration of investments in California.