Wendy's NNN Property For Sale — Salina, KS
1940 S. Ohio St., Salina, KS 67401
This is a prime net-leased investment opportunity featuring a recently remodeled Wendy's restaurant. The property benefits from a long-term, 20-year triple-net (NNN) lease with attractive rent escalations, offering a stable income stream for investors. Located on a main thoroughfare, it boasts excellent visibility and accessibility. The tenant has a strong operating history at this location, demonstrating a proven commitment to the site. The building underwent a significant renovation in 2017, reflecting the brand's latest image.
- Address: 1940 S. Ohio St., Salina, KS 67401
- Asking price $2.67M
- 5.50% cap rate
- NOI $146,667
- 20 years remaining
- NNN lease
- Year built: 1994
- Building size: 2,967 SF
- Lot size: 0.80 acres
- Rent increases: 7.5% every five years
- Guarantor: Corporate
Location
This Wendy's property is at 1940 S. Ohio St. in Salina, Kansas.
Asset type: Retail - Restaurant