3960 Federal BlvdEnglewood, CO 80110

For Sale
$900,000

Profitable Restaurant, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity presents a 1,292 square foot free-standing restaurant building located at 3960 S Federal Blvd in Englewood, Colorado. Built in 1970, this single-story, Class C property sits on a 16,550 square foot lot and boasts a desirable D-Commercial zoning. Currently operating at 100% occupancy since September 1, 2023, under a NNN lease with a remaining term of approximately 3.8 years (expiring September 1, 2028), the property features a drive-thru, monument sign, 30 parking spaces, and two curb cuts. The current lease includes a 3% annual rent bump. The asking price is $900,000, representing a compelling $696.59 per square foot and a 6.74% cap rate, with a current NOI of $60,643. The lease includes a 5-year option. This turnkey operation offers significant potential for continued growth and profitability in a high-traffic location. A list of fixtures, furniture, and equipment is available upon request. The property's location on Federal Boulevard ensures excellent street exposure, attracting a steady stream of customers. This is a rare opportunity to acquire a well-established, profitable restaurant in a prime location. The Arapahoe County property (APN 031973490) is offered for sale by owner.

Highlights

  • 1,292 SF free-standing restaurant building on a 16,550 SF lot in Englewood, CO.
  • Class C, single-story building with D-Commercial zoning, built in 1970.
  • 100% occupied under a NNN lease with 3.8 years remaining (expiring 9/1/2028), including a 5-year option and 3% annual rent increases.
  • 30 parking spaces, drive-thru, monument sign, and two curb cuts.
  • Asking price: $900,000 ($696.59/SF), 6.74% cap rate, $60,643 NOI.

Property Details for 3960 Federal Blvd

Property type
Other retail properties, Restaurants
Square Feet
1,292 SF
Class
C
Year Built
1970
Buildings
1
Stories
1
Units
1

Location Insight

City
Englewood
County
Arapahoe
State
Colorado
Latitude
39.6442841
Longitude
-105.0249576
3960 Federal Blvd, Englewood, Colorado

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3960 Federal Blvd
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