Wendy's - Net Lease Property for Sale
Winston-Salem, NC
Key Investment Metrics
Price
$1,815,000
Cap Rate
6.0%
Net Operating Income
$108,900
Building Size
3433 SF
Lot Size
3,433 SF
Land Area
1.24 Acres
Remaining Term
8.6 years
Lease Expiration
08/07/2034
Lease Term
20 years
Lease Commencement
08/08/2014
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
N/A
Occupancy
100%
Tenancy
Single
Rent Increases
10% every 5 years, FMV for options 3 & 4
About This Wendy's Net Lease Property
This Wendy's NNN (triple net lease) property is located in Winston-Salem, NC and represents an excellent investment opportunity for commercial real estate investors. The property features 3433 square feet of building space.
With a cap rate of 6.0%, this Wendy's net lease property offers stable income potential. The asking price is $1,815,000, 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.
Winston-Salem, NC Market Overview
Located in Winston-Salem, NC, this Wendy's property benefits from strong local demographics and market fundamentals. The Winston-Salem area offers excellent visibility and accessibility, making it an ideal location for Wendy's operations and a solid investment for net lease property buyers.