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9111 E 40th Ave 1,635 SF Retail Building Denver, CO 80238 $6,979,600 CAD ($4,268.87 CAD/SF)
INVESTMENT HIGHLIGHTS
- Wendy’s Properties, LLC signed a new 25-year ground lease with rent commencing November 2022, exemplifying their strong commitment to the site.
- Lease features 10% rent increases every 5 years in the primary term and options, providing a hedge against inflation.
- Zero landlord responsibilities for operating or capital expenses.
- Wendy’s is ideally situated at the high-visibility, signalized intersection of 40th Ave and Central Park Blvd, over 20,000 combined daily vehicles
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
1,635 SF
Building Class
B
Year Built
2023
Price
$6,979,600 CAD
Price Per SF
$4,268.87 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.78 AC
Zoning
M-IMX-12 - Commercial Retail
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1223-00-079 | Improvements Assessment | $0 CAD |
| Land Assessment | $2,979,958 CAD | Total Assessment | $2,979,958 CAD |
PROPERTY TAXES
Parcel Number
1223-00-079
Land Assessment
$2,979,958 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,979,958 CAD
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9111 E 40th Ave
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