Restaurant
Wendy's
4964 Federal Blvd, Denver, CO 80221
Listing Price: $2,367,000
Cap Rate
5.50%
Tenant Name
Wendy's
Years Remaining On Lease
9.1
Gross SF
2,697
Guarantor
Franchisee Guarantee
Rentable SF
2,697
Price/Gross SF
$877.64
Lease Type
Absolute Net
Rent Per Square Feet
$48.28
Investment Overview
Marcus & Millichap is pleased to offer for sale the Wendy's in Denver, Colorado.
Exclusively Listed By
Listing Price: $2,367,000
Cap Rate
5.50%
Tenant Name
Wendy's
Years Remaining On Lease
9.1
Gross SF
2,697
Guarantor
Franchisee Guarantee
Rentable SF
2,697
Price/Gross SF
$877.64
Lease Type
Absolute Net
Rent Per Square Feet
$48.28
Investment Highlights
- 9+ YEARS REMAINING ON AN ABSOLUTE NNN LEASE, ZERO LANDLORD OBLIGATIONS
- FEDERAL BOULEVARD AT I-70, ACROSS 50TH FROM THE REGIS VILLAGE REZONING
- UNCAPPED CPI ESCALATIONS EVERY FIVE LEASE YEARS, THE LAST RESET WAS +20.9%
Investment Overview
Marcus & Millichap is pleased to offer for sale the Wendy's in Denver, Colorado.
Exclusively Listed By
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