Sold Subscription Required
| Price $2,950,000 | Built/Renov 1977/2013 | Tenant Wendy's |
| Cap Rate 6.71% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
3,670
| Lease Start
09-29-2014
| #Units
25
|
| Price/SF $803.81 | Expiration
09-29-2034
| Tenant Type Fast Food/QSR |
| NOI $198,000 | R. Term 10.0 | Ownership Fee Simple |
| Rent/SF
$53.95
| Increases 8.0%/5/yrs | Pop 5Mi 30,098 |
| Lot/AC 1.06 | Options 4/5yrs | AHHI 5Mi $50,799 |
| | |
Wendy's is strategically located at the hard corner intersection of Virginia Avenue and Dixie Street, a main thoroughfare with access to a combined daily traffic count of 18,655 vehicles. The property features multiple access points and is directly across from Collinsville Primary School. The surrounding area includes well-known national tenants such as Walgreens, McDonald's, Taco Bell, KFC,...
...Hard corner intersection
Build to suit
Major thoroughfare
Dense retail corridor
Near major nationals
Absolute NNN
Long 10+ yr lease
Limited competition
25+ 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...
Colorado Springs, CO
Cap Rate 5.75%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 510
Fort Worth, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 2,977
Montgomery, AL
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 3,057
Augusta, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 530
Roxboro, NC
Cap Rate 6.25%
Lease Abs NNN
R. Term 12.10 yrs
Size/SF 3,230
Columbia, SC
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 530
Allen, TX
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 5,678
Columbia, SC
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.00 yrs
Size/SF 530
Sherman, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 2,518
Augusta, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 400
Cameron, NC
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,990
Baton Rouge, LA
Cap Rate 7.00%
Lease Abs NNN
R. Term 13.30 yrs
Size/SF 510
Lake Worth, TX
Cap Rate 5.94%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 3,290
Kansas City, MO
Cap Rate 5.75%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 3,900
Haltom City, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 2,995
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
