Wendy’s Absolute NNN Retail
For Sale
Contact for pricing
719 South Lemay Avenue, Fort Collins, CO 80524
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 Market159
Property Features for 719 South Lemay Avenue
General Information
Standard status
Active
Size
3,289 SF
Class
B
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Net Operating Income
$155,808
Additional Details
Traffic Count
24,000 vehicles/day
Building Details
Year Built
2007
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Mike Neils · License #100103302
Source:
Crexi
Added: Apr 2
Changed: Aug 8
Last Checked: Jul 23 at 7:49AM
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
Property Profile
Current Use
Lease Details
24,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,682
Businesses Nearby
Explore this area
Business Placement
Demographics for 80524, CO
39,030
Population
17,548
Households
2.2
Avg Household Size
37
Median Age
52%
College-Educated
94%
High-School Grad
122.7 sq mi
ZIP Area
318
Density / Sq Mi
$84,440
Median Household Income
$45,046
Median Earnings
$1,623
Median Rent
$527,700
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?
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.
