Downtown Englewood Restaurant
PROJECT 1: 3495 S Broadway, Downtown Englewood
Before/after images: Before (red arches, yellow backdrop, dated signage) / After (Wapos Cantina open and operating)
This 3,600 SF corner restaurant had been marketed with renderings showing a buildout that belonged in Cherry Creek North, not Englewood, representing a scope that would have cost upwards of $2 million. The asking rate was $36/SF in a submarket where restaurant comps were significantly lower. Meanwhile, the building's most valuable asset, a fully equipped commercial kitchen, wasn't being highlighted in any of the marketing.
We created a rough concept rendering showing a realistic facade improvement, then asked the owner to develop a real scope of work aligned with what they would help finance. We convinced them to start the exterior renovation before a tenant was identified, because the curb appeal was actively undermining the asking rate.
Result: Within 45 days of launching with corrected pricing, realistic renderings, and an improved facade, a 10-year lease was signed. The tenant, Wapos Cantina, is open and thriving.
