Wendy's for Sale in Green Bay, WI
Green Bay, WI
Key Investment Metrics
Price
$2,400,000
Cap Rate
5.8%
Net Operating Income
$138,000
Building Size
3312 SF
Land Area
0.98 Acres
Lease Commencement
08/01/2006
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
1996
Occupancy
100%
Tenancy
Single
Rent Increases
5% increase on 1/1/2033; 10% increases in each renewal option
Property overview
Wendy's in Green Bay
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 3,312 SF
- Land area
- 0.98 acres
- Year built
- 1996
- Lease type
- Absolute NNN
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.