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719 S Lemay Ave
Fort Collins, CO 80524 Fort Collins

$2,597,000 USD

Fast Food For Sale  •  3,289 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,289 SF
  • Building Class B
  • Year Built 1985
  • Cap Rate 6.00 %
  • Tenancy Single
30 Transit Score
40 Walk Score

Highlights

Proven Long-Term Location: Operating as a Wendy’s for 30+ years with sales consistently above the national average.
Early Lease Extension: Tenant extended the lease by 10 years, securing income through 2043.
Absolute NNN Lease: Zero landlord responsibilities provide a fully passive investment.
Experienced Operator: Operated by a 74-unit, multi-state Wendy’s franchisee with a strong track record.
High Traffic Location: Positioned on Lemay Ave with 24,000+ VPD and additional exposure from Riverside Ave.
Near Colorado State University: Located within 2.5 miles of CSU with 35,000+ students and staff.
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Riverside Shopping Center
Wendy's
Michael Neils 720-800-9764 Matthews Real Estate Investment Services
Michael Neils 720-800-9764 Matthews Real Estate Investment Services