Wendy's NNN Property For Sale — Nashville, TN
1045 28th Ave N, Nashville, TN 37208
This investment opportunity features a Wendy's (Dark) restaurant with over 13 years remaining on an Absolute Triple-Net (NNN) lease. The property, remodeled in 2018, includes a 2,656-square-foot building with a drive-thru on a 0.49-acre lot, presenting a prime redevelopment opportunity. Strategically located at the entrance to Tennessee State University and on a signalized hard corner, it benefits from high visibility and easy access, with approximately 30,000 cars passing daily. The property is situated in the vibrant Nashville metro area, home to 2.2 million residents.
- Address: 1045 28th Ave N, Nashville, TN 37208
- Asking price $1.57M
- 7.00% cap rate
- NOI $110,110
- 13.3 years remaining
- NNN lease
- Building size: 2,656 SF
- Lot size: 0.49 acres
- Guarantor: Corporate
Location
This Wendy's property is at 1045 28th Ave N in Nashville, Tennessee.
Asset type: QSR