Restaurant
Wendy's
2001 Hamilton St, Jacksonville, FL 32210
Listing Price: $2,526,316
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Wendy’s located at 2001 Hamilton Street in Jacksonville, FL. The property consists of 2,859 square feet of building space and is situated on approximately 0.73 acres of land. This Wendy’s is subject to a 20-year triple-net (NNN) lease, which will commence at closing. The annual rent is $120,000 and is scheduled to increase by the lessor of the change in CPA and 1.25% annually throughout the base term, beginning in Year 3 and in each of the Six (6), Five (5)- Year option periods.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $2,526,316
Investment Highlights
- Brand New 20-Year Sale Leaseback
- Triple Net (NNN) Lease with Zero Landlord Responsibilities
- Attractive Rental Increases | Lesser of Change in CPI or One and a Quarter Percent (1.25%) Annually Starting in Year 3
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Wendy’s located at 2001 Hamilton Street in Jacksonville, FL. The property consists of 2,859 square feet of building space and is situated on approximately 0.73 acres of land. This Wendy’s is subject to a 20-year triple-net (NNN) lease, which will commence at closing. The annual rent is $120,000 and is scheduled to increase by the lessor of the change in CPA and 1.25% annually throughout the base term, beginning in Year 3 and in each of the Six (6), Five (5)- Year option periods.
Exclusively Listed By
Broker of Record
Financing By
