Restaurant
Wendy's
1735 Bradford Ln, Normal, IL 61761
Listing Price: $1,591,340
Cap Rate
5.15%
Tenant Name
WenZak Companies, LLC
Years Remaining On Lease
6.9
Guarantor
Franchisee Guarantee
Rentable SF
3,534
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$23.19
Investment Overview
Marcus and Millichap is pleased to present the exclusive listing for the Wendy's located at 1735 Bradford Lane in Normal, IL.
Wendy's
Investment Highlights
- Very Low Rent Ground Lease | Tenant Paying Well Below National Average for Wendy's
- Minutes from Heartland Community College | 5,000+ Students and Faculty
- Attractive Increase Structure | Greater of Three Percent (3%) of Fifty Percent (50%) of CPI Rental Increases Occurring Every Four (4) Years | Next Increase in Less than Three Years
Listing Price: $1,591,340
Cap Rate
5.15%
Tenant Name
WenZak Companies, LLC
Years Remaining On Lease
6.9
Guarantor
Franchisee Guarantee
Rentable SF
3,534
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$23.19
Investment Highlights
- Very Low Rent Ground Lease | Tenant Paying Well Below National Average for Wendy's
- Minutes from Heartland Community College | 5,000+ Students and Faculty
- Attractive Increase Structure | Greater of Three Percent (3%) of Fifty Percent (50%) of CPI Rental Increases Occurring Every Four (4) Years | Next Increase in Less than Three Years
Investment Overview
Marcus and Millichap is pleased to present the exclusive listing for the Wendy's located at 1735 Bradford Lane in Normal, IL.
