515 Zang St - Freestanding FOR SALE


Broomfield, CO 80021- Interlocken
$4,511,000 USD
760-448-2449
515 Zang St, Broomfield, CO for Sale
$4,511,000 USD
Freestanding - FOR SALE
1/15
null | 7.25% Cap Rate

515 Zang St
Broomfield, CO 80021
Interlocken


HIGHLIGHTS

  • Benihana – Corporate Lease (Build to Suit) – Acquired by The One Group (NASDAQ: STKS) in 2024 for $365 Million – $1 Billion is Combined Revenue (2024)
  • 6 Years Remaining on a Modified NNN Lease – Passive Ownership Opportunity – Roof Replaced in 2014
  • 6% Rental Increases Scheduled Every 2-3 Years inclusive of Remaining Option Periods
  • Adjacent to 1.5 Million SF Flatiron Crossing Regional Mall – Surrounded by 6 Major Hotel Chains & Corporate Office Presence (Crocs, Vail Resorts, GoGo
  • In 2020, Benihana Exercised both their 1st & 2nd Option Periods Simultaneously – 20 Year Successful Operating History
  • Ranked in Top 33% Nationally for Benihana in Terms of Customer Visits (Source: Placer.ai)

OVERVIEW

Lee & Associates is pleased to exclusively present the opportunity to acquire a well-established Benihana restaurant located at 515 Zang Street in Broomfield, Colorado, within the dynamic Denver MSA. The 8,921-square-foot building is situated on a 0.38-acre parcel within the Main Street Complex and directly adjacent to the 1.5 million-square-foot Flatiron Crossing Regional Mall. Positioned between Denver and Boulder, Broomfield has experienced strong population growth and is a magnet for corporate headquarters, including Crocs, Ball Corporation, and Vail Resorts. The immediate area features six surrounding hotels and a concentration of office users, which drive consistent traffic to the subject property. Average household incomes exceed $130,000 within a one-mile radius, and the region continues to benefit from spillover demand due to high barriers to entry in both Denver and Boulder. With its irreplaceable location, established tenancy, and strong lease fundamentals, this offering provides investors with durable income in a high-growth, supply-constrained market.

FOR SALE DETAILS

PRICE

$4,511,000 USD

PRICE/SF

$506 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Benihana

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

PUD, Broomfield

APN/PARCEL ID

1575-32-1-24-003

ASK ABOUT THIS PROPERTY

Ryan BennettLee & AssociatesMore Info
760-448-2449

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Ryan BennettLee & AssociatesMore Info
760-448-2449

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.