5155 BroadwayEnglewood, CO 80113
- Retail properties
- 2,957 SF
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.
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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