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Restaurant

Wendy's

1533 Freeway Drive, Reidsville, NC 27320

Listing Price: $3,100,000

Cap Rate
5.00%
Tenant Name
Wendy's
Years Remaining On Lease
9.9
Gross SF
6,000
Guarantor
Franchisee Guarantee
Rentable SF
6,000
Price/Gross SF
$516.67
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.83

Investment Overview

The Wendy's Company is the world's third largest quick-service hamburger company with over 6,700 restaurants in the U.S. and 29 other countries worldwide. At this Reidsville location, customers are a short distance from the store, downtown Reidsville, along with many other local amenities.

Investment Highlights

  • Wendy's Sale Lease Back
  • Lease Back from Top Wendy's Franchisee
  • Above Average and Growing Revenue
  • Highly Accessible to Many High End Neighborhoods
  • Strategic Location Along State Road 29
  • NNN Lease with No Landlord Responsibilities
  • Rental Increases Every Five Years

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s) NC: 303785

    North Carolina

Financing By

Listing Price: $3,100,000

Cap Rate
5.00%
Tenant Name
Wendy's
Years Remaining On Lease
9.9
Gross SF
6,000
Guarantor
Franchisee Guarantee
Rentable SF
6,000
Price/Gross SF
$516.67
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.83

Investment Highlights

  • Wendy's Sale Lease Back
  • Lease Back from Top Wendy's Franchisee
  • Above Average and Growing Revenue
  • Highly Accessible to Many High End Neighborhoods
  • Strategic Location Along State Road 29
  • NNN Lease with No Landlord Responsibilities
  • Rental Increases Every Five Years

Investment Overview

The Wendy's Company is the world's third largest quick-service hamburger company with over 6,700 restaurants in the U.S. and 29 other countries worldwide. At this Reidsville location, customers are a short distance from the store, downtown Reidsville, along with many other local amenities.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s): NC: 303785

    North Carolina

Financing By

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