9846 Zenith Meridian DrEnglewood, CO 80112

Property Details for 9846 Zenith Meridian Dr

Year built

2015

Lot size

1.27 AC

Property size (Sq ft)

3,842 SF

Property type

Drive through restaurants

APN

R0487570

APU

R0487570

Description

This exceptional sublease opportunity presents a 3,842 square foot free-standing restaurant building situated on a 1.26-acre lot in Englewood, Colorado. Located at 9846 Zenith Meridian Drive, this property boasts a convenient drive-thru and ample parking, making it ideal for a variety of restaurant concepts. The building is ready for immediate occupancy, featuring existing restaurant infrastructure. This prime location fronts Lincoln Avenue, experiencing an average daily traffic count of 61,062 vehicles, ensuring high visibility and accessibility. The surrounding area demonstrates strong demographics, with 6,958 residents and a daytime population of 14,494 within a 1-mile radius, and 50,437 residents and 61,208 daytime population within a 3-mile radius. The average household income within a 1-mile radius is a substantial $133,543, indicating a strong potential customer base. This property in Douglas County, Colorado (zip code 80112) offers a unique chance to establish or relocate a thriving restaurant business in a high-traffic, affluent area. The single-tenant building is perfect for a quick-service restaurant or other food-service establishment.

• CAP approach

  CAP return

  Valuation

  6%

  $971,888

  6.5%

  $897,128

  7%

  $833,047

• Comparable approach

  Method

  Valuation

  Relative Method

  $330,123

  Geo Method

  $330,123

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,760,980

  Mixed-Use / Specialty

  $889,284

  Hospitality / Lodging

  $646,392

  Office

  $879,163

  Institutional / Educational

  $922,837

  Residential Income

  $1,079,720

  Multifamily

  $1,320,710

  Automotive / Energy

  $791,003

  Parking / Income-Based Land

  $277,555

  Restaurant / Food Service

  $452,611

  Healthcare / Senior Housing

  $916,708

Location Insight

City

Englewood

County

Douglas

State

Colorado

Latitude

39.5368

Longitude

-104.857

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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