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Restaurant

Wendy's

510 Upper Lewisburg, Brookville, OH 45309

Listing Price: $2,189,774

Cap Rate
6.75%
Tenant Name
Wendy's
Years Remaining On Lease
7.8
Gross SF
2,924
Guarantor
No Guarantee
Rentable SF
2,924
Price/Gross SF
$748.90
Lease Type
Absolute Net
Rent Per Square Feet
$50.55

Investment Overview

The Wendy’s Company (NASDAQ: WEN) is the world’s third largest quick-service hamburger company. The Wendy’s system includes over 7,300 restaurants in the U.S. and 29 other countries and U.S. territories worldwide.

Brookville is a city in northwestern Montgomery County, Ohio, a suburb of Dayton. The Dayton Metro is home to over 810,000 people with over 342,000 households. Composed of Greene, Montgomery, and Miami Counties, it is the fourth-largest metropolitan area in Ohio.

Investment Highlights

  • Eight Years Remaining on Absolute Triple-Net (NNN) Lease
  • Multi-Unit Franchisee - Tenant Operates 65 Wendy's Locations Throughout Texas and Ohio
  • 8 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Situated within the Dayton MSA - 103,486 Residents within a 10-Mile Radius
  • Signalized Hard Corner Location, Directly Off Interstate 70 (Approximately 43,570 Cars per Day), a Significant Connector for the Dayton MSA
  • Across from $920 Million Expansion Project for General Motors' DMAX Plant, Projected to Add 700 New Employees
  • Surrounded by National Tenants: McDonald's, KFC, Goodwill, Waffle House, and More

Exclusively Listed By

Financing By

Listing Price: $2,189,774

Cap Rate
6.75%
Tenant Name
Wendy's
Years Remaining On Lease
7.8
Gross SF
2,924
Guarantor
No Guarantee
Rentable SF
2,924
Price/Gross SF
$748.90
Lease Type
Absolute Net
Rent Per Square Feet
$50.55

Investment Highlights

  • Eight Years Remaining on Absolute Triple-Net (NNN) Lease
  • Multi-Unit Franchisee - Tenant Operates 65 Wendy's Locations Throughout Texas and Ohio
  • 8 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Situated within the Dayton MSA - 103,486 Residents within a 10-Mile Radius
  • Signalized Hard Corner Location, Directly Off Interstate 70 (Approximately 43,570 Cars per Day), a Significant Connector for the Dayton MSA
  • Across from $920 Million Expansion Project for General Motors' DMAX Plant, Projected to Add 700 New Employees
  • Surrounded by National Tenants: McDonald's, KFC, Goodwill, Waffle House, and More

Investment Overview

The Wendy’s Company (NASDAQ: WEN) is the world’s third largest quick-service hamburger company. The Wendy’s system includes over 7,300 restaurants in the U.S. and 29 other countries and U.S. territories worldwide. Brookville is a city in northwestern Montgomery County, Ohio, a suburb of Dayton. The Dayton Metro is home to over 810,000 people with over 342,000 households. Composed of Greene, Montgomery, and Miami Counties, it is the fourth-largest metropolitan area in Ohio.

Exclusively Listed By

Financing By

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