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| Price $2,380,952 | Built/Renov 2024 | Tenant Wendy's |
| Cap Rate 5.25% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
2,555
| Lease Start
12-01-2024
| #Units
90
|
| Price/SF $931.88 | Expiration
11-30-2039
| Tenant Type Fast Food/QSR |
| NOI $125,000 | R. Term 15.0 | Ownership Fee Simple |
| Rent/SF
$48.92
| Increases 7.5%/5/yrs | Pop 5Mi 13,904 |
| Lot/AC 0.83 | Options 3/5yrs/7.5% | AHHI 5Mi $59,334 |
| | |
Wendys is conveniently located on Lincoln Street, with a daily traffic count of 3,969 vehicles passing by. The subject property is surrounded by several apartment complexes, including Pecos Residential Apartments, Casa Manana Apartments, Desert Oak Apartments, and many more. In addition, the area boasts a variety of major national retailers, such as Walmart, Bealls, Dollar General, United...
...New construction
Near major nationals
Strategically located
Hospital close
Highway close
Income tax free state
Brand new lease
Absolute NNN
Personal guarantee
50+ unit franchisee backed
Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company, together with its subsidiaries, operates as a...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 5,435 | 11,554 | 13,600 |
| 2023 Total Population : | 5,339 | 11,543 | 13,625 |
| 2023 Employed Civilian Pop : | 2,697 | 4,884 | 5,323 |
| 2023 Total Businesses : | 147 | 453 | 459 |
| 2023 Average Household Income : | $ 102,031 | $ 84,485 | $ 84,165 |
| 2023 Total Consumer Spending : | $ 172 M | $ 280 M | $ 291 M |
| 2023 Median Age : | 36 | 37 | 36 |
| 2023 Total Households : | 1,856 | 3,657 | 3,816 |
| 2023 Pop Age 25+: Bachelor's Degree : | 303 | 625 | 776 |
| 2023 Average Home Value : | $ 131,974 | $ 151,481 | $ 151,331 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| South Eddy Street | Madison St | 2021 | 11,203 | 0.44 mi |
| South Eddy Street | W Normandy St | 2020 | 9,494 | 0.44 mi |
| W County Rd | 2021 | 3,900 | 0.58 mi | |
| Hwy 285 | 2021 | 10,609 | 0.60 mi | |
| South Cedar Street | E 4th St | 2021 | 13,085 | 0.60 mi |
| South Cedar Street | Olive St | 2020 | 13,999 | 0.61 mi |
| W County Rd | 2021 | 950 | 0.63 mi | |
| S Cedar St | E 16th St | 2002 | 4,800 | 0.68 mi |
| TX 121 | S Frontage Rd | 2020 | 17,097 | 0.68 mi |
| South Eddy Street | Stafford Blvd | 2021 | 6,841 | 0.79 mi |
San Antonio, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 950
Jacksonville, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 1,708
Delray Beach, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 9.10 yrs
Size/SF 724
Tempe, AZ
Cap Rate 5.25%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,575
Snellville, GA
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 4,481
Port Charlotte, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 19.50 yrs
Size/SF 2,370
Kansas City, MO
Cap Rate 5.30%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 950
North Richland Hills, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 2,800
Sevierville, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 18.50 yrs
Size/SF 959
Visalia, CA
Cap Rate 5.50%
Lease Abs NNN
R. Term 4.50 yrs
Size/SF 3,016
Soledad, CA
Cap Rate 4.50%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 950
North Richland Hills, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,142
Lagrangeville, NY
Cap Rate 5.10%
Lease NN+
R. Term 29.11 yrs
Size/SF 3,000
Strongsville, OH
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,860
Allen Park, MI
Cap Rate 5.25%
Lease Abs NNN
R. Term 3.11 yrs
Size/SF 4,488
St. Augustine, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.50 yrs
Size/SF 950
Davenport, FL
Cap Rate 4.50%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 950
Daytona Beach, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.50 yrs
Size/SF 950
Jenison, MI
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 2,357
Beech Grove, IN
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 2,100
East Liverpool, OH
Cap Rate 5.00%
Lease Abs NNN
R. Term 15.80 yrs
Size/SF 5,062
Berlin, WI
Cap Rate 6.00%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 2,400
Abbeville, LA
Cap Rate 5.52%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 3,147
Morristown, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 990
Indianapolis, IN
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 2,100
Clermont, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 950
Nashville, TN
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 950
Burlington, NJ
Cap Rate 5.10%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 2,518
Stillwater, OK
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 981
Oklahoma City, OK
Cap Rate 6.25%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 780
Baker City, OR
Cap Rate 6.00%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 2,400
Austin, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.40 yrs
Size/SF 890
Fort Worth, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 8.10 yrs
Size/SF 1,904
Shreveport,
Cap Rate 6.25%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 800
Oak Creek, WI
Cap Rate 5.53%
Lease Abs NNN
R. Term 12.10 yrs
Size/SF 1,829
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
