Wendy's 1151 N Colorado Ave 3,192 SF Retail Building Brush, CO 80723 $2,505,090 CAD ($784.80 CAD/SF) 6.25% Cap Rate

Wendy’s has 14 Years remaining on initial 20-year Absolute NNN lease with Attractive 8.00% rental escalations. The Operator, Wenspoke Companies is an experienced Wendy’s franchise owner/operator with ±67 locations spread across the Pacific Northwest & Midwest. Tenant on Lease (Wenplatte LLC) encompasses 12 locations in Colorado, Nebraska & South Dakota.
The Asset is Positioned on a large ±1.186-acre lot with great visibility/access. Strategically located off the Heartland Expy and I-76 with traffic counts of 21,752 CPD! Retailers | Entertainment: Retail options in Brush include Ace Hardware, Dollar General, NAPA Auto Parts, and Fresh Foods; Dining options range from national chains like McDonald’s and Domino’s Pizza to local favorites such as Drovers Restaurant, Victor’s Sushi, and True Grits Steakhouse - just 9 miles west in Fort Morgan, additional retailers include Walmart Supercenter and Murdoch’s Ranch & Home Supply Public Education: Brush has 4 public schools within the 4 mile vicinity serving 1,429 students Healthcare: 7 minutes (less than 3 miles) to East Morgan County Hospital - a 25-bed critical access facility, Level IV Trauma Center, offering a fully array of health care services.