719 S Lemay Ave - Fast Food FOR SALE
Fort Collins, CO 80524 |
$2,597,000 USD
720-800-9764
719 S Lemay Ave
Fort Collins, CO 80524
HIGHLIGHTS
- Proven Long-Term Location: Operating as a Wendy’s for 30+ years with sales consistently above the national average.
- Early Lease Extension: Tenant extended the lease by 10 years, securing income through 2043.
- Absolute NNN Lease: Zero landlord responsibilities provide a fully passive investment.
- Experienced Operator: Operated by a 74-unit, multi-state Wendy’s franchisee with a strong track record.
- High Traffic Location: Positioned on Lemay Ave with 24,000+ VPD and additional exposure from Riverside Ave.
- Near Colorado State University: Located within 2.5 miles of CSU with 35,000+ students and staff.
FOR SALE DETAILS
PRICE
$2,597,000 USD
PRICE/SF
$790 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wendy’s
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
97131-28-004
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720-800-9764
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720-800-9764
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