Hamburger Mary's
For Sale
$2,105,000
5750 DTC Pkwy, Greenwood Village, CO 80111
Restaurant property identified as Hamburger Mary's in Greenwood Village, Colorado.
Property Size4,102 SF
Price / SF$513.16
Days on Market76
Property Features for 5750 DTC Pkwy
General Information
Standard status
Active
Size
4,102 SF
Property subtype
Restaurant
Lease Type
NNN
Amenities
5 YEAR NNN LEASE | RECENT EXTENSION
ESTABLISHED CONCEPT | 10 LOCATIONS NATIONWIDE
20 YEAR OPERATING HISTORY IN DENVER
ADDITIONAL BILLBOARD INCOME
ZONING ALLOWS FOR FUTURE REDEVELOPMENT
Building Details
Building Size
4,102 SF
Listing Agency:
Denver Office
(303) 328-2048
Listed By:
Drew Isaac · License #License(s): CO: FA100023779
(303) 328-2048
Source:
Marcusmillichap
Added: Jun 17
Changed: Aug 30
Last Checked: Aug 30 at 2:29PM
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 Denver Office
Investment Insights
Based on property information with market context.
Hamburger Mary's is a restaurant property comprising 4,102 square feet at 5750 DTC Pkwy in Greenwood Village, Colorado. The asset is identified as a conventional restaurant and is offered for sale.
The property carries a reported 7.28% cap rate, providing a concise basis for evaluating the asset alongside its established restaurant identity and address.
The property carries a reported 7.28% cap rate, providing a concise basis for evaluating the asset alongside its established restaurant identity and address.
Key Highlights
- 4,102‑square‑foot conventional restaurant property
- Hamburger Mary's restaurant identity
- 5750 DTC Pkwy, Greenwood Village, CO 80111
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$63,646
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,272,920
$1.3M
Cap Rate 7%
$909,229
$909.2K
Cap Rate 9%
$707,178
$707.2K
Market Conditions
NOI Build-Up for 4,102 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$87.1K $21.24/SF
− Vacancy
−$2.3K −$0.55/SF
EGI
$84.9K $20.69/SF
− OpEx
−$21.2K −$5.17/SF
NOI
$63.6K $15.52/SF
Area
Arapahoe County, CO
Vacancy
2.60%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,272,920
Cap Rate 7%
$909,229
Cap Rate 9%
$707,178
Alternative Uses
Best Use
Specialty Retail
$909.2K
$795.6K – $1.06M
NOI $63,646 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$60.90M
$53.29M – $71.05M
NOI $4,263,112 @ 7.0% cap · market cap 202.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,795
Businesses Nearby
73k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Shops & Services 34%
Apparel 24%
Hotels & Casinos 8%
Boot Barn
Apparel
17,536 visits/mo
0.5 miles
Circle K
Shops & Services
15,109 visits/mo
0.5 miles
Del Frisco's Double Eagle Steakhouse
Dining
10,237 visits/mo
0.3 miles
Phillips 66
Shops & Services
7,308 visits/mo
0.5 miles
Illegal Pete's
Dining
6,924 visits/mo
0.4 miles
Demographics for 80111, CO
32,672
Population
13,668
Households
2.4
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
10.9 sq mi
ZIP Area
2,997
Density / Sq Mi
$132,292
Median Household Income
$71,898
Median Earnings
$2,063
Median Rent
$890,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property identified as Hamburger Mary's in Greenwood Village, Colorado.
Where is this conventional restaurant located?
The property is located at 5750 DTC Pkwy Greenwood Village, CO.
What is the asking price?
The asking price for this property is $2,105,000.
What are key features of this property?
This property features: 4,102‑square‑foot conventional restaurant property; Hamburger Mary's restaurant identity; 5750 DTC Pkwy, Greenwood Village, CO 80111
