Wendy’s Absolute NNN Retail
719 South Lemay Avenue Fort Collins, CO 80524
719 South Lemay Avenue, Fort Collins, CO, 80524
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For Sale
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Absolute NNN Wendy’s operated for 30+ years with an early lease extension securing income through 2043.
Property Size3,289 SF
Price / SF$789.60
Days on Market112
Property Features for 719 South Lemay Avenue
General Information
- Standard status
- Active
- Size
- 3,289 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2007
Listing agency
Matthews
Listed by
Mike Neils · License #100103302
Source
Crexi
Added: Apr 2 Updated: Jul 22 at 9:05AM Checked: Jul 22 at 9:05AM
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 Matthews
Investment Insights
Based on property information with market context.
This Wendy’s property has operated continuously for more than 30 years. The site features an Absolute NNN lease structure described as having zero landlord responsibilities, and the tenant recently extended the lease term early by adding 10 additional years to the base term, with guaranteed income through 2043.
The restaurant is positioned along Lemay Ave with traffic counts exceeding 24,000 vehicles per day, and it receives additional visibility from nearby Riverside Ave, which sees more than 15,000 vehicles per day. The property is located within 2.5 miles of Colorado State University.
The store is operated by AKSAN United Fortunes Inc., a subsidiary of AKSAN Enterprises, a multi-state Wendy’s franchisee headquartered in Denver with operations across Colorado, Wyoming, Oregon, and Washington.
The restaurant is positioned along Lemay Ave with traffic counts exceeding 24,000 vehicles per day, and it receives additional visibility from nearby Riverside Ave, which sees more than 15,000 vehicles per day. The property is located within 2.5 miles of Colorado State University.
The store is operated by AKSAN United Fortunes Inc., a subsidiary of AKSAN Enterprises, a multi-state Wendy’s franchisee headquartered in Denver with operations across Colorado, Wyoming, Oregon, and Washington.
Key Highlights
- Absolute NNN Wendy’s lease with zero landlord responsibilities.
- Tenant extended the lease early, adding 10 years to extend guaranteed income through 2043.
- Wendy’s has operated continuously for 30+ years at the property.
Property Analytics
Location Intelligence
Current Use by Public Records
Wendy's
Restaurant
Riverside Shopping Center
Business Service Center
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Absolute NNN Wendy’s operated for 30+ years with an early lease extension securing income through 2043.
Where is this nnn property located?
The property is located at 719 South Lemay Avenue Fort Collins, CO.
What is the asking price?
The asking price for this property is $2,597,000.
What are key features of this property?
This property features: Absolute NNN Wendy’s lease with zero landlord responsibilities.; Tenant extended the lease early, adding 10 years to extend guaranteed income through 2043.; Wendy’s has operated continuously for 30+ years at the property.
