Wendy's NNN Property For Sale — Plainwell, MI
Plainwell, MI, Plainwell, MI
This triple net lease Wendy's property in Plainwell, MI, offers an excellent investment opportunity. Built in 1986, the property features 2800 square feet and is situated in a market with strong demographics and visibility. With a 6.0% cap rate and an asking price of $2,566,666, it presents a stable income potential, making it an attractive option for investors, including those seeking 1031 exchange opportunities. The lease structure minimizes landlord responsibilities, as the tenant handles property taxes, insurance, and maintenance.
- Address: Plainwell, MI, Plainwell, MI
- Asking price $2.57M
- 6.00% cap rate
- NOI $154,000
- 20 years remaining
- NNN lease
- Year built: 1986
- Building size: 2,800 SF
- Lot size: 1.37 acres
- Guarantor: Corporate
Location
This Wendy's property is at Plainwell, MI in Plainwell, Michigan.
Asset type: Retail/QSR/Fast Food