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Restaurant

Wendy's

8501 County Rd 311, Sellersburg, IN 47172

Listing Price: $2,842,105

Cap Rate
4.75%
Tenant Name
SRRG Restaurants LLC
Years Remaining On Lease
19.6
Guarantor
Corporate Guarantee
Rentable SF
2,504
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$53.91

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for the Wendy's located in Sellersburg, IN.

Investment Highlights

  • 20-Year Triple-Net (NNN) Sale-Leaseback: At closing the tenant will execute a brand new 20-year absolute triple-net (NNN) lease. The lease will have no landlord responsibilities.
  • Corporate Guaranty: The lease will carry a corporate guaranty from Stonewall Road Restaurant Group
  • Attractive Rental Increases: The lease will feature 10.00% rental increases every five years that will continue through the base term and into the four, five-year tenant renewal option periods.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Listing Price: $2,842,105

Cap Rate
4.75%
Tenant Name
SRRG Restaurants LLC
Years Remaining On Lease
19.6
Guarantor
Corporate Guarantee
Rentable SF
2,504
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$53.91

Investment Highlights

  • 20-Year Triple-Net (NNN) Sale-Leaseback: At closing the tenant will execute a brand new 20-year absolute triple-net (NNN) lease. The lease will have no landlord responsibilities.
  • Corporate Guaranty: The lease will carry a corporate guaranty from Stonewall Road Restaurant Group
  • Attractive Rental Increases: The lease will feature 10.00% rental increases every five years that will continue through the base term and into the four, five-year tenant renewal option periods.

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for the Wendy's located in Sellersburg, IN.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

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