Listed by Marcus & Millichap - Denver
$3,333,000
Wendy's
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,191
Units 1
Cap Rate 4.5%
NOI $150,000
Occupancy 100%
Tenancy Single
Brand/Tenant Wendy's
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 08/31/2046
Remaining Term 20.1
Rent Bumps Yes
Lease Options 4 x 5-Year
Price per SqFt $1,521
Broker Co-Op True
Year Built 2026
Buildings 1
Stories 1
Acreage 1.120
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/25/2026
Ground Lease Yes
New Construction Wendy's | Shadow Anchored by King Soopers Marketplace & Lowe's
Investment highlights
- SHADOW ANCHORED BY KING SOOPERS MARKETPLACE & LOWE'S
- THE SUBJECT PROPERTY IS AN OUTPARCEL TO SILVERSTONE MARKETPLACE AND SITS AT THE CENTER OF ONE OF THE HIGHEST-GROWTH TRADE AREAS IN NORTHERN COLORADO, WITH OVER 39,000 NEW HOMES APPROVED OR UNDER CONSTRUCTION IN THE SURROUNDING SUBMARKET.
- ANCHORED BY KING SOOPERS MARKETPLACE (123,000 SF) AND LOWE'S HOME IMPROVEMENT, SILVERSTONE MARKETPLACE BENEFITS FROM TWO OF THE MOST PRODUCTIVE REGIONAL RETAILERS IN THE STATE OF COLORADO, A PAIRING THAT HAS CONSISTENTLY PROVEN ITS ABILITY TO DRIVE TRADE AREA GROWTH AND ATTRACT FUTURE DEVELOPMENT.
- THE SITE BENEFITS FROM A STRATEGIC REGIONAL ACCESS POSITION ON HIGHWAY 52 AND COLORADO BLVD, (JUST EAST OF I-25), CONNECTING THE TRADE AREA TO DENVER, BOULDER, FORT COLLINS, GREELEY, AND DENVER INTERNATIONAL AIRPORT.
- TOUR WENDY’S NEWEST RESTAURANT DESIGN, GLOBAL NEXT GEN, AND PREVIEW THE FUTURE OF HIGH-CAPACITY KITCHENS. THE FREDERICK LOCATION WILL INCLUDE A BRICK BASE AND COVERED PICK-UP WINDOW.
- WELD & LARIMER COUNTIES NOW TOTAL 755,718 RESIDENTS - UP 36.8% FROM 552,446 IN 2010. NORTHERN COLORADO IS PROJECTED TO APPROACH 1 MILLION RESIDENTS BY THE LATE 2030'S.
Listing Contacts
Listed by Marcus & Millichap - Denver
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$150,000.00
$12,500.00/mo
Valuation Metrics
0
DSCR
4.5%
Cap Rate
4.5%
ROI
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