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Wendy's NNN Ground Lease
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9111 East 40th Avenue, Denver, CO 80238

Absolute NNN ground lease with 23.5 years remaining for a corporate-backed Wendy's at a signalized intersection.

Property Size1,635 SF
Price / SF$3,027
Days on Market140

Property Features for 9111 East 40th Avenue

General Information

Standard status Active
Size 1,635 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Net Operating Income $247,500

Building Details

Year Built 2023
Units 1
Tenancy Single
Listing Agency: Urban Property Group
Listed By: Joe Brady · License #01908072
Source: Crexi
Added: Apr 22 Changed: Sep 8 Last Checked: May 8 at 7:40AM

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 Urban Property Group

Investment Insights

Based on property information with market context.

This offering features a corporate-backed Wendy's lease with 23.5 years remaining, structured as an absolute NNN ground lease. The property is presented as a specialty retail asset within the broader commercial real estate category.

The location is described as strategic due to its high-traffic, signalized intersection setting. The premises are also noted as being adjacent to the Central Park retail district, supported by a strong retail and commercial tenant mix. The trade area is characterized as highly affluent and densely populated in the provided materials.

Key Highlights

  • Absolute NNN ground lease with 23.5 years remaining for a corporate‑backed Wendy's
  • Attractive rent increases outlined in the lease terms
  • Located at a high‑traffic, signalized intersection

Property Analytics

Current Use

QuikTrip Gas Station ChargePoint Charging Station Electric Vehicle Charging Station Western Union Bank Wendy's Restaurant Super Star Car ... Car Wash

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center HVAC Service Grocery & Convenience Store Locksmith Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

217
Businesses Nearby
229k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 65% Shops & Services 29% Home Improvements & Furnishings 4% Hotels & Casinos 2%
In-N-Out Burger Dining
74,025 visits/mo 0.5 miles
QuikTrip Shops & Services
64,436 visits/mo 0.2 miles
Raising Cane's Chicken Fingers Dining
52,784 visits/mo 0.5 miles
Wendy's Dining
16,090 visits/mo 0.3 miles
Floor & Decor Home Improvements & Furnishings
7,774 visits/mo 0.2 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

6.7% 2019
7.4% 2020
6.5% 2021
5.4% 2022
5.2% 2023
4.8% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Absolute NNN ground lease with 23.5 years remaining for a corporate-backed Wendy's at a signalized intersection.
Where is this conventional restaurant located?
The property is located at 9111 East 40th Avenue Denver, CO.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Absolute NNN ground lease with 23.5 years remaining for a corporate‑backed Wendy's; Attractive rent increases outlined in the lease terms; Located at a high‑traffic, signalized intersection
(858) 874-1989 Call to check price and availability
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