Restaurant

Wendy's

310 Long Hollow Pike, Goodlettsville, TN 37072

Listing Price: $2,752,876

Cap Rate
5.40%
Tenant Name
Wendy's of Bowling Green
Years Remaining On Lease
18.70
Gross SF
2,685
Guarantor
Franchisee Guarantee
Rentable SF
2,685
Price/Gross SF
$1,025.28
Lease Type
Absolute Net
Rent Per Square Feet
$55.36

Investment Overview

The subject property is situated along Long Hollow Pike, which runs parallel to Interstate-65. I-65 boasts an average daily traffic count of approximately 93,600 vehicles and serves as a direct route to Nashville. Long Hollow Pike boasts an average daily traffic count of 21,500 vehicles. There are 29,494 individuals residing within a three-mile radius of the property and 75,873 individuals within a five-mile radius.

Investment Highlights

  • 20-Year Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases | 10 Percent Every Five Years
  • Has Four Tenant Renewal Periods of Five 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: $2,752,876

Cap Rate
5.40%
Tenant Name
Wendy's of Bowling Green
Years Remaining On Lease
18.70
Gross SF
2,685
Guarantor
Franchisee Guarantee
Rentable SF
2,685
Price/Gross SF
$1,025.28
Lease Type
Absolute Net
Rent Per Square Feet
$55.36

Investment Highlights

  • 20-Year Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Rental Increases | 10 Percent Every Five Years
  • Has Four Tenant Renewal Periods of Five Years Each

Investment Overview

The subject property is situated along Long Hollow Pike, which runs parallel to Interstate-65. I-65 boasts an average daily traffic count of approximately 93,600 vehicles and serves as a direct route to Nashville. Long Hollow Pike boasts an average daily traffic count of 21,500 vehicles. There are 29,494 individuals residing within a three-mile radius of the property and 75,873 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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