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9111 E 40th Ave 1,635 SF Retail Building Denver, CO 80238 $4,950,000 ($3,027.52/SF)

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Investment Highlights

Corporate-backed Wendy’s ground lease with 23 years remaining on the initial 25-year term, demonstrating long-term tenant commitment.
Scheduled 10% rent increases every five years during the primary term and option periods provide built-in income growth.
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.

Absolute NNN lease structure eliminates all landlord responsibilities for operating and capital expenses.
High-visibility location at a signalized intersection of 40th Avenue and Central Park Boulevard with over 20,000 combined daily vehicles.
Dense and affluent trade area with more than 119,000 residents within three miles and average household incomes exceeding $244,000 within one mile.

Executive Summary

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.

Rare Corporate Wendy's _ 23 Years Remaining _ Absolute NNN Ground Lease.pdf