Restaurant
Wendy's
1899 Perimeter Drive, Roseville, MN 55113
Listing Price: $1,068,000
Investment Overview
This Wendy's is a freestanding 2,962 square foot restaurant situated 0.77 acres of land. The lease is with HAZA Foods, LLC a 380 unit multi-state Wendy's franchisee and is absolute triple net with zero landlord responsibilities. This subject property is strategically located near to Rosedale Center which is a +/-1.14 million-square-foot regional shopping mall and retail hub. Roseville is part of the central Minneapolis/St. Paul metroplex, located approximately 9 miles north of Downtown St. Paul. This Wendy's is located less than a mile north of the University of Minnesota. Various national brand restaurants including: Applebee's, Starbucks, Raising Cane's Chicken Fingers, Chili's Grill & Bar, Red Lobster and more are located in the surrounding area.
Exclusively Listed By
Broker of Record
Listing Price: $1,068,000
Investment Highlights
- 10 years remaining on Absolute NNN lease with experienced franchisee operator with 380+ units
- Attractive 10% rent increases every 5 years
- Reported population of 85,501 residents with an Average Household Income of $99,330 within a 3-mile radius
Investment Overview
This Wendy's is a freestanding 2,962 square foot restaurant situated 0.77 acres of land. The lease is with HAZA Foods, LLC a 380 unit multi-state Wendy's franchisee and is absolute triple net with zero landlord responsibilities. This subject property is strategically located near to Rosedale Center which is a +/-1.14 million-square-foot regional shopping mall and retail hub. Roseville is part of the central Minneapolis/St. Paul metroplex, located approximately 9 miles north of Downtown St. Paul. This Wendy's is located less than a mile north of the University of Minnesota. Various national brand restaurants including: Applebee's, Starbucks, Raising Cane's Chicken Fingers, Chili's Grill & Bar, Red Lobster and more are located in the surrounding area.
Exclusively Listed By
Broker of Record
