Restaurant
Wendy's
1646 S Highland Ave, Jackson, TN 38301
Listing Price: $2,116,285
Investment Overview
Marcus & Millichap is pleased to offer the opportunity to acquire a Wendy's property consisting of 2,284 square feet on nearly one acre of land. The asset is secured by a long-term lease with 13 years remaining on the initial term and six additional five-year renewal options. This is an absolute triple net lease with zero landlord responsibilities.
Investment Highlights
- Long Term NNN Lease - 13 Years Remaining on Base Term + Options
- Fronting the Main Commercial Corridor S Highland Ave (35,000 VPD)
- Attractive 1.25% Annual Rent Increases
Exclusively Listed By
Broker of Record
Listing Price: $2,116,285
Investment Highlights
- Long Term NNN Lease - 13 Years Remaining on Base Term + Options
- Fronting the Main Commercial Corridor S Highland Ave (35,000 VPD)
- Attractive 1.25% Annual Rent Increases
Investment Overview
Marcus & Millichap is pleased to offer the opportunity to acquire a Wendy's property consisting of 2,284 square feet on nearly one acre of land. The asset is secured by a long-term lease with 13 years remaining on the initial term and six additional five-year renewal options. This is an absolute triple net lease with zero landlord responsibilities.
Exclusively Listed By
Broker of Record