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Restaurant

Wendy's

8501 County Rd 311, Sellersburg, IN 47172

Listing Price: $2,700,000

Cap Rate
5.00%
Tenant Name
SRRG Restaurants LLC
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
2,504
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$53.91

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for the Wendy's located at 8501 Country Road 311 in Sellersburg, IN.

Investment Highlights

  • A 20-Year Triple-Net (NNN) Sale-Leaseback: At Closing the Tenant Will Execute a Brand New 20-Year Absolute Triple-net (NNN) Lease. The Lease Will Have no Landlord Responsibilities
  • Corporate Guaranty: The Lease Will Carry a Corporate Guaranty from Stonewall Road Restaurant Group
  • Attractive Rental Increases: The Lease will Feature 10.00% Rental Increases Every Five Years That will Continue Through the Base Term and into the Four, Five-Year Tenant Renewal Option Periods

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Listing Price: $2,700,000

Cap Rate
5.00%
Tenant Name
SRRG Restaurants LLC
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
2,504
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$53.91

Investment Highlights

  • A 20-Year Triple-Net (NNN) Sale-Leaseback: At Closing the Tenant Will Execute a Brand New 20-Year Absolute Triple-net (NNN) Lease. The Lease Will Have no Landlord Responsibilities
  • Corporate Guaranty: The Lease Will Carry a Corporate Guaranty from Stonewall Road Restaurant Group
  • Attractive Rental Increases: The Lease will Feature 10.00% Rental Increases Every Five Years That will Continue Through the Base Term and into the Four, Five-Year Tenant Renewal Option Periods

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for the Wendy's located at 8501 Country Road 311 in Sellersburg, IN.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

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