Brockman Group Announces The Sale of The Net Leased Wendy's

Denver, CO – March 13, 2020 – Brockman Group, LLC is pleased to announce the sale of the net leased Wendy’s at the Grove, located at 150 E 144th Ave, Thornton, CO 80023.

The Cabela anchored property and outparcel to the prestigious The Grove Development, closed for $2,200,000 and 4.75% cap rate.

The property is located across the street from Amazon’s newly constructed 2.1 M SF distribution facility, St. Anthony’s Medical Campus, and neighboring 465 unit Parkhouse Apartment Community. The strong tenant has 16 years remaining on the lease.

Justin Brockman and Chris Student represented the seller.

For more information, please contact Chris Student at 952.201.5676.