Restaurant

Wendy's

1445 1/2 W Main St, Lebanon, TN 37087

Listing Price: $2,929,067

Cap Rate
5.50%
Tenant Name
Wendy's of Bowling Green
Years Remaining On Lease
18.70
Gross SF
3,343
Guarantor
Franchisee Guarantee
Rentable SF
3,343
Price/Gross SF
$876.18
Lease Type
Absolute Net
Rent Per Square Feet
$48.19

Investment Overview

The subject investment property is situated along ½ West Main Street, which directly intersects with West Baddour Parkway. ½ West Main Street boasts average daily traffic counts of approximately 19,000 vehicles. West Baddour Parkway brings an additional 14,500 vehicles into the immediate area on average daily. There are 40,141 individuals residing within a five-mile radius of the property and 82,226 individuals within a ten-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: $2,929,067

Cap Rate
5.50%
Tenant Name
Wendy's of Bowling Green
Years Remaining On Lease
18.70
Gross SF
3,343
Guarantor
Franchisee Guarantee
Rentable SF
3,343
Price/Gross SF
$876.18
Lease Type
Absolute Net
Rent Per Square Feet
$48.19

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 investment property is situated along ½ West Main Street, which directly intersects with West Baddour Parkway. ½ West Main Street boasts average daily traffic counts of approximately 19,000 vehicles. West Baddour Parkway brings an additional 14,500 vehicles into the immediate area on average daily. There are 40,141 individuals residing within a five-mile radius of the property and 82,226 individuals within a ten-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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