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| Price $2,190,476 | Built/Renov 1976 | Tenant Wendy’s |
| Cap Rate 5.25% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
2,326
| Lease Start
12-01-2025
| #Units
7,240
|
| Price/SF $941.74 | Expiration
11-30-2045
| Tenant Type Fast Food/QSR |
| NOI $115,000 | R. Term 20.1 | Ownership Fee Simple |
| Rent/SF
$49.44
| Increases 7.5%/6/yrs | Pop 5Mi 75,414 |
| Lot/AC 0.59 | Options 4/5yrs/7.5% | AHHI 5Mi $78,388 |
| | |
Absolute NNN lease with zero landlord responsibilities
Strong Wendy’s franchisee with over 76 operating units
Hard corner signalized intersection with 28,800 vehicles per day
Full Image Activation Remodel scheduled for completion by 2025
Tenant operating at this location for over 15 years
New 20-year lease commencing December 2025 with 7.5% rent increases every five years
Free-standing 2,326 SF restaurant on a 0.59-acre parcel
Located directly off Interstate 75 in a high-traffic retail corridor
Wendy’s is strategically located along 25th Street NW in Cleveland, Tennessee, with access to a daily traffic count of approximately 28,800 vehicles. The site is surrounded by major national retailers including Big Lots, KFC, Papa John’s, Arby’s, Tractor Supply, and Taco Bell, driving consistent consumer traffic to the area. The property is located near several schools, established residential...
...Signalized intersection
Hard corner intersection
Major thoroughfare
Near major nationals
Strong demographics
Income tax free state
Brand new lease
Absolute NNN
Traded and rated company
Corporate Guarantee
Wendy's is an American international fast food restaurant chain founded by Dave Thomas in 1969, in Columbus, OH. The Wendy’s Company and its subsidiaries operate as a quick-service...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
