Restaurant
Wendy’s | Absolute Net Lease | High Point, NC
2710 S Main St, High Point, NC 27263
Listing Price: $1,683,478
Investment Overview
Marcus & Millichap is pleased to present for sale this Wendy’s Hamburger
Restaurant located at 2710 S. Main Street in High Point, North Carolina.
High Point is a city in the Piedmont Region of North Carolina with a
population over 114,059. High Point is the third-largest municipality in
the Piedmont Triad with major industries including furniture, textiles, and
bus manufacturing. It’s offical slogan is “North Carolina’s International
City” due to the semi-annual High Point Furniture Market which attracts
100,000 exhibitors from all over the world.
Numerous apartment complexes surround this Wendy’s including Highland
Ridge Apartment Homes, Creekside at Bellemeade Apartments, William
Booth Garden Apartments, Swathmore Court Apartments, Eastgate Village
Condos, and Brookwood Apartments.
Brand new home developments in the area include Spring Brook Meadows
Homes, Ridge Pointe by D. R. Horton (56 Building Lots), Bellawood
Subdivision, and Royal Pines by Keystone Homes (213 Lots).
Colleges and universities nearby include Guilford Technical Community
College (3,546 Full Time Students and 6,521 Part-time Students), High
Point University (4,951 Enrolled Students), Congdon School of Health
Sciences and Earl Phillips School of Business.
Shopping Centers nearby include Southwood Square Shopping Center, East
Green Plaza, Tarheel Plaza, Westchester Center, Westchester Commons
and College Village Shopping Center.
The Wendy’s Company is an American parent company for the major
fast food chain Wendy’s. The company’s principal subsidiary, Wendy’s
International, is the franchisor of Wendy’s restaurants. Wendy’s has 5,938
United States locations, 1,006 International locations for a total of 6,949.
Revenue in 2022 was US $2.095 Billion.
Wendy’s | Absolute Net Lease | High Point, NC
Investment Highlights
- Wendy's Hamburger Restaurant Located at 2710 S. Main Street in High Point, North Carolina (Population 114,059)
- 10 Year Remaining on Absolute NNN Lease | No Landlord Responsibilities
- Attractive 10% Rent Increases Every 5 Years
- Incredible Demographics | 93,652 Residents in Immediate Trade Area with Average Household Income Exceeding $64,039
- Wendy's International is the Francisor of Wendy's Restaurants with 5,938 U.S. Locations and 1,006 International Locations for a Total of 6,949 Locations Worldwide and 2022 Revenue was US $2.095 Billion
- Located on Main Retail Corridor with Visibility to more than 21,717 Vehicles Per Day
Listing Price: $1,683,478
Investment Highlights
- Wendy's Hamburger Restaurant Located at 2710 S. Main Street in High Point, North Carolina (Population 114,059)
- 10 Year Remaining on Absolute NNN Lease | No Landlord Responsibilities
- Attractive 10% Rent Increases Every 5 Years
- Incredible Demographics | 93,652 Residents in Immediate Trade Area with Average Household Income Exceeding $64,039
- Wendy's International is the Francisor of Wendy's Restaurants with 5,938 U.S. Locations and 1,006 International Locations for a Total of 6,949 Locations Worldwide and 2022 Revenue was US $2.095 Billion
- Located on Main Retail Corridor with Visibility to more than 21,717 Vehicles Per Day
Investment Overview
Marcus & Millichap is pleased to present for sale this Wendy’s Hamburger Restaurant located at 2710 S. Main Street in High Point, North Carolina. High Point is a city in the Piedmont Region of North Carolina with a population over 114,059. High Point is the third-largest municipality in the Piedmont Triad with major industries including furniture, textiles, and bus manufacturing. It’s offical slogan is “North Carolina’s International City” due to the semi-annual High Point Furniture Market which attracts 100,000 exhibitors from all over the world. Numerous apartment complexes surround this Wendy’s including Highland Ridge Apartment Homes, Creekside at Bellemeade Apartments, William Booth Garden Apartments, Swathmore Court Apartments, Eastgate Village Condos, and Brookwood Apartments. Brand new home developments in the area include Spring Brook Meadows Homes, Ridge Pointe by D. R. Horton (56 Building Lots), Bellawood Subdivision, and Royal Pines by Keystone Homes (213 Lots). Colleges and universities nearby include Guilford Technical Community College (3,546 Full Time Students and 6,521 Part-time Students), High Point University (4,951 Enrolled Students), Congdon School of Health Sciences and Earl Phillips School of Business. Shopping Centers nearby include Southwood Square Shopping Center, East Green Plaza, Tarheel Plaza, Westchester Center, Westchester Commons and College Village Shopping Center. The Wendy’s Company is an American parent company for the major fast food chain Wendy’s. The company’s principal subsidiary, Wendy’s International, is the franchisor of Wendy’s restaurants. Wendy’s has 5,938 United States locations, 1,006 International locations for a total of 6,949. Revenue in 2022 was US $2.095 Billion.
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