Wendy's NNN Property For Sale — Albuquerque, NM · 3,300 SF
Albuquerque, NM 87111
A prime opportunity to acquire a dark Wendy's property located on a high-traffic corner in Albuquerque, NM. This absolute NNN lease features approximately 13 years remaining on the initial term with attractive 10% rent escalations every five years, offering stable and predictable income. The lease is corporately guaranteed by Wendy's International, Inc., providing exceptional security for investors. The property benefits from its strategic location at a signalized intersection with excellent visibility and access, surrounded by national retailers. This offering represents an ideal, passive investment in a robust market.
- Address: Albuquerque, NM 87111
- Asking price $2.32M
- 4.75% cap rate
- NOI $110,300
- 13 years remaining
- NNN lease
- Year built: 1999
- Building size: 3,300 SF
- Lot size: 0.99 acres
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Location
This Wendy's property is in Albuquerque, New Mexico.
Asset type: QSR