Restaurant

Wendy's

110 W 12th St, Newton, KS 67114

Listing Price: $1,850,000

Cap Rate
5.50%
Tenant Name
Wendy's
Guarantor
Franchisee Guarantee
Rentable SF
2,814
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$36.16

Investment Overview

Marcus & Millichap is exclusively marketing for sale the West 12th Street Wendy's restaurant in Newton, Kansas. The property is located along the main commercial corridor in Newton just north of the downtown district. This location has a new 20-year lease and is operated by a 60+ unit Wendy's franchisee.

Investment Highlights

  • Well performing Wendy's Location on commercial four-way intersection
  • Surrounded by national retailers
  • New 20-Year lease with 7% increases every 5 years

Exclusively Listed By

  • Peter Nisbet

    Senior Vice President Investments

    Email Peter

    License(s): WA: 47064

    Seattle

Broker of Record

  • Colby Haugness

    First Vice President Investments

    License(s): KS: 00241410

    Kansas

Restaurant

Wendy's

Listing Price: $1,850,000

Cap Rate
5.50%
Tenant Name
Wendy's
Guarantor
Franchisee Guarantee
Rentable SF
2,814
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$36.16

Investment Highlights

  • Well performing Wendy's Location on commercial four-way intersection
  • Surrounded by national retailers
  • New 20-Year lease with 7% increases every 5 years

Investment Overview

Marcus & Millichap is exclusively marketing for sale the West 12th Street Wendy's restaurant in Newton, Kansas. The property is located along the main commercial corridor in Newton just north of the downtown district. This location has a new 20-year lease and is operated by a 60+ unit Wendy's franchisee.

Exclusively Listed By

  • Peter Nisbet

    Senior Vice President Investments

    Email Peter

    License(s): WA: 47064

    Seattle

Broker of Record

  • Colby Haugness

    First Vice President Investments

    License(s): KS: 00241410

    Kansas

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