Single-Tenant NNN
For Sale
Contact for pricing
4952 Central Park Blvd, Denver, CO 80238
The property is leased under an absolute triple-net structure with scheduled rental increases.
Property SizeContact for details
Days on Market142
Property Features for 4952 Central Park Blvd
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
The Boulder Group - Denver
(720) 604-2256
Listed By:
Zach Wright · License #IL 475164965
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 7:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group - Denver
Investment Insights
Based on property information with market context.
This single-tenant restaurant property is occupied by Freddy’s Frozen Custard & Steakburgers under a 15-year absolute triple-net lease. Contractual rent steps provide a 10% increase every five years, and the lease carries a guarantee from ERC Development, LLC, a 16-unit operator active throughout the Denver MSA.
The property is positioned in Denver’s North Central Park neighborhood, approximately one-half mile north of I-70, which carries 181,000 VPD. It is also near The Shops at Northfield, a 1.1 million-square-foot shopping center with Bass Pro Shop, SuperTarget, Macy’s, JCPenney, and Harkins Theatres.
The surrounding area has average annual household income of $160,000, while population within one mile is projected to increase 4.05% annually. The restaurant may be acquired individually or within an eight-property Freddy’s portfolio.
The property is positioned in Denver’s North Central Park neighborhood, approximately one-half mile north of I-70, which carries 181,000 VPD. It is also near The Shops at Northfield, a 1.1 million-square-foot shopping center with Bass Pro Shop, SuperTarget, Macy’s, JCPenney, and Harkins Theatres.
The surrounding area has average annual household income of $160,000, while population within one mile is projected to increase 4.05% annually. The restaurant may be acquired individually or within an eight-property Freddy’s portfolio.
Key Highlights
- 15‑year absolute triple‑net lease with 10% rent increases every five years
- Lease guarantee from ERC Development, LLC, a 16‑unit Denver MSA operator
- Approximately one‑half mile north of I‑70, with 181,000 VPD
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
142k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 81%
Shops & Services 14%
Hotels & Casinos 4%
Groceries 1%
In-N-Out Burger
Dining
74,025 visits/mo
0.5 miles
Chili's Grill & Bar
Dining
20,870 visits/mo
0.4 miles
Freddy's Frozen Custard & Steakburgers
Dining
14,016 visits/mo
0.1 miles
7-Eleven
Shops & Services
9,014 visits/mo
0.3 miles
MOD Pizza
Dining
6,180 visits/mo
0.1 miles
Demographics for 80238, CO
28,937
Population
11,741
Households
2.5
Avg Household Size
34
Median Age
77%
College-Educated
100%
High-School Grad
6.8 sq mi
ZIP Area
4,255
Density / Sq Mi
$166,191
Median Household Income
$90,306
Median Earnings
$2,071
Median Rent
$806,400
Median Home Value
Market
Vacancy Rate% for Retail in Denver, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The property is leased under an absolute triple-net structure with scheduled rental increases.
Where is this conventional restaurant located?
The property is located at 4952 Central Park Blvd Denver, CO.
What are key features of this property?
This property features: 15‑year absolute triple‑net lease with 10% rent increases every five years; Lease guarantee from ERC Development, LLC, a 16‑unit Denver MSA operator; Approximately one‑half mile north of I‑70, with 181,000 VPD
