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PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 7 Updated: 09.25.25 Posted: 09.25.25 Status: Active     09.25.25

Summary

Price $3,570,000
Built/Renov 2020
Tenant Wendy’s
Cap Rate 5.00%
Lease Type Abs NNN
Guarantor Corp T and Rated
Size/SF 2,400
Lease Start 09-25-2025
#Units 7,240
Price/SF $1,487.50
Expiration 08-31-2035
Tenant Type Fast Food/QSR
NOI $178,500
R. Term 9.11
Ownership Fee Simple
Rent/SF $74.38
Increases 2.0%/2/yrs
Pop 5Mi 131,675
Lot/AC 1.07
Options 3/5yrs/2%
AHHI 5Mi $167,124

Highlights

  • Brand new 25-year absolute NNN lease commencing at close of escrow

  • Scheduled 2% annual rental escalations throughout lease term

  • Leased to Wend Summit II, experienced operator with 17 Colorado locations

  • Fee simple ownership including improvements with benefit of depreciation

  • 2,400 SF Wendy’s building with drive-thru on 1.07-acre lot

  • Outparcel to high-performing King Soopers anchored shopping center

  • Strong demographics with $167K average household income within 5 miles

  • Located at hard corner intersection with 18,800 daily traffic count

Location Description

Wendy’s is strategically located along Candelas Parkway and Indiana Street in Arvada, Colorado, with access to a daily traffic count of approximately 18,800 vehicles. The site is surrounded by major national retailers including King Soopers, Kroger Fuel Center,etc., driving consistent consumer traffic to the area. The property is located near several schools, residential communities, and new...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: Wendy's
  • Guarantor:Corp T and Rated
  • Company:The Wendy's Company
  • # Units:7,240
  • Tenant S&P: B+
  • Moody’s: B3
  • Stock: NASDAQ: WEN

About Tenant

Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company and its subsidiaries operate as a quick-service...


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