Brush Retail for Sale
This offering presents a long-term, absolute NNN leased Wendy’s property located at 1151 Colorado Avenue in Brush, Colorado. The asset is positioned on a ±1.186-acre parcel with excellent visibility and access from Heartland Expressway and Interstate 76, benefiting from traffic counts of approximately 21,752 CPD. The property is leased to Wenplatte LLC, a franchisee of Wenspok Companies, under an absolute NNN lease structure, making it a true passive investment with zero landlord responsibilities.
The lease commenced in November 2019 and runs through November 2039, providing 14 years of remaining term with two additional five-year renewal options. Rental escalations of 8% occur every five years, enhancing long-term income growth. The current annual rent is $113,262, with a cap rate of 6.50%, and the next scheduled increase will further improve returns.
Wenspok Companies operates over 67 Wendy’s locations across the Pacific Northwest and Midwest, including 12 locations in Colorado, Nebraska, and South Dakota. This seasoned operator brings stability and proven performance, with this location successfully operating since 2009. The property’s strategic location near major retailers, dining options, and East Morgan County Hospital, combined with its proximity to Denver (90 miles), positions it as a strong investment opportunity in a growing market.
