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Restaurant

Wendy’s | Low Rent & Price Point

819 Paris Rd, Mayfield, KY 42066

Listing Price: $1,326,000

Cap Rate
7.50%
Tenant Name
Wendy's
Years Remaining On Lease
7.7
Gross SF
2,614
Guarantor
Franchisee Guarantee
Rentable SF
2,614
Price/Gross SF
$507.27
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.03

Investment Overview

LOWER RENT & PRICE POINT QSR
• The subject property has a lower rent and price point of $1.3M.

MAIN RETAIL CORRIDOR IN MAYFIELD
• This Wendys is positioned at an intersection with two entry points on Paris Rd.
• Paris Rd is the main retail corridor in Mayfield, KY. National retailers down the street from this Wendy’s include Walmart, Lowe’s Home Improvement, Tractor Supply, and more.
• Subject property is within a few miles of the 3 major schools in Mayfield with a total student count of nearly 2,000.

MAYFIELD, KY | COUNTY SEAT OF GRAVES COUNTY
• Positioned in Graves County approximately 25 miles south of Paducah with connectivity to major regional transportation corridors serving Western Kentucky and Northwest Tennessee
• Mayfield serves as a commercial and employment center for the surrounding rural communities with strong retail, healthcare, manufacturing, and agricultural presence
• The city generates approximately $681M in annual retail sales, reinforcing its role as a retail destination for the region
• Mayfield is a county seat and serves as the governmental, commercial, and economic center for Graves County.
• Western Kentucky continues to attract manufacturing and distribution investment due to its central location, favorable business climate, and transportation infrastructure

7.75 YEAR NNN LEASE WITH RENT INCREASES
• Wendy’s signed a new 20 year lease in 2014 that expires in March 2034.
• There are 7.75 years remaining on the 20 year NNN lease.
• The tenant is fully responsible for all responsibilities and expenses including Roof, Structure, Parking Lot, Taxes, Insurance, HVAC, and Utilities.
• There are 100% no Landlord Responsibilities.
• 8% rent increases every 5 years in the initial lease term and options.
• The lease is guaranteed by Pattman, LLC which has 49 units backing the lease.
• Pattman LLLC is based in Louisville, KY and operates 49 Wendy’s in KY and TN.

Investment Highlights

  • LOWER RENT & PRICE POINT QSR
  • MAIN RETAIL CORRIDOR IN MAYFIELD
  • MAYFIELD, KY | COUNTY SEAT OF GRAVES COUNTY
  • 7.75 YEAR NNN LEASE WITH RENT INCREASES

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Managing Director Investments

    (502) 329-5900

    License(s) KY: 286261

    Kentucky

Restaurant

Wendy’s | Low Rent & Price Point

Listing Price: $1,326,000

Cap Rate
7.50%
Tenant Name
Wendy's
Years Remaining On Lease
7.7
Gross SF
2,614
Guarantor
Franchisee Guarantee
Rentable SF
2,614
Price/Gross SF
$507.27
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.03

Investment Highlights

  • LOWER RENT & PRICE POINT QSR
  • MAIN RETAIL CORRIDOR IN MAYFIELD
  • MAYFIELD, KY | COUNTY SEAT OF GRAVES COUNTY
  • 7.75 YEAR NNN LEASE WITH RENT INCREASES

Investment Overview

LOWER RENT & PRICE POINT QSR • The subject property has a lower rent and price point of $1.3M. MAIN RETAIL CORRIDOR IN MAYFIELD • This Wendys is positioned at an intersection with two entry points on Paris Rd. • Paris Rd is the main retail corridor in Mayfield, KY. National retailers down the street from this Wendy’s include Walmart, Lowe’s Home Improvement, Tractor Supply, and more. • Subject property is within a few miles of the 3 major schools in Mayfield with a total student count of nearly 2,000. MAYFIELD, KY | COUNTY SEAT OF GRAVES COUNTY • Positioned in Graves County approximately 25 miles south of Paducah with connectivity to major regional transportation corridors serving Western Kentucky and Northwest Tennessee • Mayfield serves as a commercial and employment center for the surrounding rural communities with strong retail, healthcare, manufacturing, and agricultural presence • The city generates approximately $681M in annual retail sales, reinforcing its role as a retail destination for the region • Mayfield is a county seat and serves as the governmental, commercial, and economic center for Graves County. • Western Kentucky continues to attract manufacturing and distribution investment due to its central location, favorable business climate, and transportation infrastructure 7.75 YEAR NNN LEASE WITH RENT INCREASES • Wendy’s signed a new 20 year lease in 2014 that expires in March 2034. • There are 7.75 years remaining on the 20 year NNN lease. • The tenant is fully responsible for all responsibilities and expenses including Roof, Structure, Parking Lot, Taxes, Insurance, HVAC, and Utilities. • There are 100% no Landlord Responsibilities. • 8% rent increases every 5 years in the initial lease term and options. • The lease is guaranteed by Pattman, LLC which has 49 units backing the lease. • Pattman LLLC is based in Louisville, KY and operates 49 Wendy’s in KY and TN.

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Managing Director Investments

    (502) 329-5900

    License(s): KY: 286261

    Kentucky

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