9111 E 40th Ave
Denver, CO 80238
Central Park
HIGHLIGHTS
- Corporate-backed Wendy’s ground lease with 23 years remaining on the initial 25-year term, demonstrating long-term tenant commitment.
- Absolute NNN lease structure eliminates all landlord responsibilities for operating and capital expenses.
- Scheduled 10% rent increases every five years during the primary term and option periods provide built-in income growth.
- High-visibility location at a signalized intersection of 40th Avenue and Central Park Boulevard with over 20,000 combined daily vehicles.
- Adjacent to The Shops at Northfield, a 1.2 million SF open-air retail center anchored by Target, Macy’s, Harkins Theatres, and Bass Pro Shops.
- Dense and affluent trade area with more than 119,000 residents within three miles and average household incomes exceeding $244,000 within one mile.
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
$4,950,000 USD
PRICE/SF
$3,028 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
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303-808-6311
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303-808-6311
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