Wendy's for Sale in Chapel Hill, NC
Chapel Hill, NC
Key Investment Metrics
Price
$2,500,000
Cap Rate
5.0%
Net Operating Income
$125,000
Building Size
2500 SF
Land Area
1.07 Acres
Remaining Term
18 years
Lease Expiration
07/31/2044
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
2024
Tenancy
Single
Rent Increases
10.0% Every 5 Years
Property overview
Wendy's in Chapel Hill
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,500 SF
- Land area
- 1.07 acres
- Year built
- 2024
- Lease type
- Absolute NNN
- Lease expiration
- 07/31/2044
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.