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Restaurant

Wendy's Sale Leaseback

12890 Booker T Washington Hwy, Hardy, VA 24101

Listing Price: $2,800,000

Cap Rate
5.00%
Tenant Name
Catie Food Systems
Years Remaining On Lease
10.1
Guarantor
Franchisee Guarantee
Rentable SF
2,677
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$52.30

Investment Overview

The Wendy's Company is the world's third largest quick-service hamburger company with over 6,700 restaurants in the U.S. and 29 other countries worldwide. At this Reidsville location, customers are a short distance from the store, downtown Reidsville, along with many other local amenities.

This investment opportunity includes sale leaseback opportunities from one of the strongest Wendy’s franchisees, who has operated many Wendy’s locations throughout the U.S. East Coast for years.

The Wendy’s franchisee at this location was founded in 1988 and has expanded to over 25 Wendy’s restaurants across Virginia and North Carolina through acquisition and development.

Investment Highlights

  • Wendy's Sale Leaseback from Top Wendy's Franchisee
  • NNN Leases with No Landlord Responsibilities
  • Above Average and Growing Revenue with Rent to Sales of 7% with Each Property
  • Close Proximity to Major Retailers Including Walmart, Lowe's Home Improvements, McDonalds, Bojangles, and many others
  • Strategic Locations Along State Roadways in Each Location

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Financing By

Restaurant

Wendy's Sale Leaseback

Listing Price: $2,800,000

Cap Rate
5.00%
Tenant Name
Catie Food Systems
Years Remaining On Lease
10.1
Guarantor
Franchisee Guarantee
Rentable SF
2,677
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$52.30

Investment Highlights

  • Wendy's Sale Leaseback from Top Wendy's Franchisee
  • NNN Leases with No Landlord Responsibilities
  • Above Average and Growing Revenue with Rent to Sales of 7% with Each Property
  • Close Proximity to Major Retailers Including Walmart, Lowe's Home Improvements, McDonalds, Bojangles, and many others
  • Strategic Locations Along State Roadways in Each Location

Investment Overview

The Wendy's Company is the world's third largest quick-service hamburger company with over 6,700 restaurants in the U.S. and 29 other countries worldwide. At this Reidsville location, customers are a short distance from the store, downtown Reidsville, along with many other local amenities. This investment opportunity includes sale leaseback opportunities from one of the strongest Wendy’s franchisees, who has operated many Wendy’s locations throughout the U.S. East Coast for years. The Wendy’s franchisee at this location was founded in 1988 and has expanded to over 25 Wendy’s restaurants across Virginia and North Carolina through acquisition and development.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

Financing By

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