Wendy's NNN Property For Sale
This offering features a net lease Wendy's property, an excellent opportunity for investors seeking a stable asset with a recognizable brand. The property benefits from a long-term NNN lease with scheduled rent escalations, providing predictable income streams. Wendy's is a strong tenant with a significant corporate presence and robust franchising operations, making this a reliable investment in the quick-service restaurant sector.
- Asking price $3.25M
- 5.10% cap rate
- NOI $148,500
- 20 years remaining
- NNN lease
- Year built: 1969
- Building size: 3,050 SF
- Lot size: 1.00 acres
- Rent increases: 10% Every 5 Years
- Guarantor: Corporate
Asset type: QSR