5155 BroadwayEnglewood, CO 80113

  • Retail properties
  • 2,957 SF
For Sale
$2,795,700 View listing

Property Details for 5155 Broadway

Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.30 AC
Property size (Sq ft)
2,957 SF
Property type
Retail properties
Property subtype
Drive through restaurants
APN
2077-15-2-01-082
APU
207715201082

Description

This exceptional investment opportunity presents a 3,254 square foot Wendy's restaurant located at 5155 S Broadway, Englewood, CO 80113. The property sits on a 12,474 square foot lot and boasts a 4.65% cap rate with a Net Operating Income (NOI) of $130,000. The absolute NNN ground lease features zero landlord responsibilities and a recently extended 15-year corporate lease with 10% rent increases every five years. Wendy's, a publicly traded company (NASDAQ: WEN), has occupied this site since 1999, demonstrating long-term commitment. This high-performing location consistently ranks within the top 10% of Wendy's nationwide and is among the top 5 in Colorado, based on traffic data. The property benefits from its prime location on a heavily trafficked intersection (approx. 70,200 vehicles daily), offering excellent visibility and accessibility. The surrounding area features a strong demographic profile, with over 100,638 residents within a 3-mile radius and an average household income exceeding $133,571. Synergistic businesses nearby include Chuze Fitness, Starbucks, Sprouts, and more. Englewood, a mature and established suburb, provides convenient access to downtown Denver (approximately 8 miles away) via various transportation options. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term growth potential. The asking price is $2,795,700. 100% occupancy.

5155 Broadway, Englewood, Colorado

Location Insight

City
Englewood
County
Arapahoe
State
Colorado
Latitude
39.6229
Longitude
-104.988
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$41,492
-
-
$501,642
-
$387,420
$1,410,580
$1,798,000

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