9111 E 40th Ave - Retail FOR SALE


Denver, CO 80238- Central Park
$5,000,000 USD
858-558-5670
9111 E 40th Ave, Denver, CO for Sale
$5,000,000 USD
Retail - FOR SALE
1/3
null | Request Cap Rate

9111 E 40th Ave
Denver, CO 80238
Central Park


HIGHLIGHTS

  • Wendy’s Properties, LLC signed a new 25-year ground lease with rent commencing November 2022, exemplifying their strong commitment to the site.
  • Zero landlord responsibilities for operating or capital expenses.
  • Lease features 10% rent increases every 5 years in the primary term and options, providing a hedge against inflation.
  • Wendy’s is ideally situated at the high-visibility, signalized intersection of 40th Ave and Central Park Blvd, over 20,000 combined daily vehicles

OVERVIEW

9111 E 40th Ave presents a prime investment opportunity. The subject site features a 1,635 square foot, new construction building with “Y Drive-Thru” situated on 24,684 square feet of land, directly next to I-70, Colorado’s main east-west highway. The property is located in the “Runway South” development in the coveted central park neighborhood adjacent to Chick-Fil-A (under construction), QuikTrip, Cracker Barrel, Andy’s Frozen Custard, Fairfield Inn, Super Star Car Wash and many others.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$3,058 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

M-IMX-12

APN/PARCEL ID

1223-00-079

ASK ABOUT THIS PROPERTY

Blake TagmyerCushman & WakefieldMore Info
858-558-5670

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Blake TagmyerCushman & WakefieldMore Info
858-558-5670

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