Wendy's - Net Lease Property for Sale
Birch Run, MI
Key Investment Metrics
Price
$829,000
Cap Rate
8.8%
Net Operating Income
$73,123
Building Size
3325 SF
Lot Size
3,325 SF
Land Area
1.38 Acres
Remaining Term
2.0 years
Lease Expiration
12/31/2027
Lease Term
10.0 years
Lease Commencement
12/18/2017
Lease Type
Absolute NNN
Year Built
2016
Tenancy
Single
About This Wendy's Net Lease Property
This Wendy's NNN (triple net lease) property is located in Birch Run, MI and represents an excellent investment opportunity for commercial real estate investors. The property features 3325 square feet of building space and was built in 2016.
With a cap rate of 8.8%, this Wendy's net lease property offers stable income potential. The asking price is $829,000, making it an attractive option for 1031 exchange investors seeking quality Wendy's commercial properties.
Why Invest in Wendy's NNN Properties?
- Stable Income: Wendy's net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Wendy's is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Birch Run, MI Market Overview
Located in Birch Run, MI, this Wendy's property benefits from strong local demographics and market fundamentals. The Birch Run area offers excellent visibility and accessibility, making it an ideal location for Wendy's operations and a solid investment for net lease property buyers.