Restaurant

Wendy's

4041 Taylorsville Rd, Louisville, KY 40220

Listing Price: $2,235,905

Cap Rate
5.25%
Tenant Name
SRRG Holdings LLC & Stonewall Road Partners LLC
Years Remaining On Lease
18.2
Gross SF
2,450
Guarantor
Franchisee Guarantee
Rentable SF
2,450
Price/Gross SF
$912.61
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$47.91

Investment Overview

The subject investment property is situated along Taylorsville Road, which runs parallel to Interstate 64. Taylorsville Road boasts average daily traffic counts of approximately 30,100 vehicles and Interstate 64 brings an additional 112,685 vehicles into the immediate area on average daily. Interstate 264, which intersects Interstate 64, brings an additional 154,150 vehicles into the immediate area on daily average. There are 100,738 individuals residing within a three-mile radius of the property and 246,018 individuals within a five-mile radius.

Investment Highlights

  • 20-Year Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases | 10.00% Every Five (5) Years
  • Four (4) Tenant Renewal Periods of Five (5) Years Each

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Listing Price: $2,235,905

Cap Rate
5.25%
Tenant Name
SRRG Holdings LLC & Stonewall Road Partners LLC
Years Remaining On Lease
18.2
Gross SF
2,450
Guarantor
Franchisee Guarantee
Rentable SF
2,450
Price/Gross SF
$912.61
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$47.91

Investment Highlights

  • 20-Year Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases | 10.00% Every Five (5) Years
  • Four (4) Tenant Renewal Periods of Five (5) Years Each

Investment Overview

The subject investment property is situated along Taylorsville Road, which runs parallel to Interstate 64. Taylorsville Road boasts average daily traffic counts of approximately 30,100 vehicles and Interstate 64 brings an additional 112,685 vehicles into the immediate area on average daily. Interstate 264, which intersects Interstate 64, brings an additional 154,150 vehicles into the immediate area on daily average. There are 100,738 individuals residing within a three-mile radius of the property and 246,018 individuals within a five-mile radius.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

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