Restaurant
Wendy's
1047 Madison St, Shelbyville, TN 37160
Listing Price: $2,582,012
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Wendy's located at 1047 Madison St, Shelbyville, TN. The property consists of 2,726 square feet of building space and is situated on a 0.71-acre parcel. The Wendy's is subject to a 20-year triple-net (NNN) lease, which commenced on June 17, 2019. The lease will call for 10.00% rental increases every five years that will continue through the base term and into the four, five-year tenant renewal options.
Wendy's
Investment Highlights
- A 20-Year Triple-Net (NNN) Lease with Zero Landlord Responsibilities
- Attractive Rental Increases | 10 Percent Every Five Years
- There are Four Tenant Renewal Periods of Five Years Each
- Wendy's is the Worlds Number Three Hamburger Chain in Terms of Locations
- Wendy's of Bowling Green is a Premier Franchisee of the Wendy's Family
Exclusively Listed By
Broker of Record
Listing Price: $2,582,012
Investment Highlights
- A 20-Year Triple-Net (NNN) Lease with Zero Landlord Responsibilities
- Attractive Rental Increases | 10 Percent Every Five Years
- There are Four Tenant Renewal Periods of Five Years Each
- Wendy's is the Worlds Number Three Hamburger Chain in Terms of Locations
- Wendy's of Bowling Green is a Premier Franchisee of the Wendy's Family
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Wendy's located at 1047 Madison St, Shelbyville, TN. The property consists of 2,726 square feet of building space and is situated on a 0.71-acre parcel. The Wendy's is subject to a 20-year triple-net (NNN) lease, which commenced on June 17, 2019. The lease will call for 10.00% rental increases every five years that will continue through the base term and into the four, five-year tenant renewal options.
Exclusively Listed By
Broker of Record
