Wendy's for Sale in Sweetwater, TN
Sweetwater, TN
Key Investment Metrics
Price
$2,240,000
Cap Rate
6.3%
Net Operating Income
$140,000
Building Size
2308 SF
Remaining Term
20 years
Lease Expiration
09/30/2046
Lease Term
20 years
Lease Commencement
10/01/2026
Lease Type
Absolute NNN
Year Built
2023
Occupancy
100%
Tenancy
Single
Rent Increases
7.5%
Property overview
Wendy's in Sweetwater
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,308 SF
- Year built
- 2023
- Lease type
- Absolute NNN
- Lease expiration
- 09/30/2046
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.