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Restaurant

Wendy's

4997 N Main St, Dayton, OH 45415

Listing Price: $1,553,723

Cap Rate
6.75%
Tenant Name
Wendy's
Years Remaining On Lease
7.8
Gross SF
2,809
Guarantor
No Guarantee
Rentable SF
2,809
Price/Gross SF
$553.12
Lease Type
Absolute Net
Rent Per Square Feet
$37.34

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.

Dayton is the sixth-largest city in the state of Ohio and the county seat of Montgomery County. It is home to over 137,600 people. 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
  • Densely Populated Dayton Trade Area - Daytime Population Exceeds $166,000 within a Five-Mile Radius
  • High Traffic Location at the Corner of N. Main Street and Shoup Mill Road / Turner Road - Accessible by Approximately 41,630 Cars per Day
  • Surrounded by National Tenants: CVS, McDonald's, Walgreens, and More
  • Two Miles Off Interstate 75, a Major Connector for the Dayton Area

Exclusively Listed By

Financing By

Listing Price: $1,553,723

Cap Rate
6.75%
Tenant Name
Wendy's
Years Remaining On Lease
7.8
Gross SF
2,809
Guarantor
No Guarantee
Rentable SF
2,809
Price/Gross SF
$553.12
Lease Type
Absolute Net
Rent Per Square Feet
$37.34

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
  • Densely Populated Dayton Trade Area - Daytime Population Exceeds $166,000 within a Five-Mile Radius
  • High Traffic Location at the Corner of N. Main Street and Shoup Mill Road / Turner Road - Accessible by Approximately 41,630 Cars per Day
  • Surrounded by National Tenants: CVS, McDonald's, Walgreens, and More
  • Two Miles Off Interstate 75, a Major Connector for the Dayton Area

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. Dayton is the sixth-largest city in the state of Ohio and the county seat of Montgomery County. It is home to over 137,600 people. 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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