Available For Sale - Retail

3,120 SF | Show Pricing $

AVAILABILITY DETAILS

Size
3,120 SF
Price/SF
Show Pricing $
Listing ID
SA435486
Notes
PROPERTY HIGHLIGHTS

CAP RATE

5.15%

NOI

$155,875

BUILDING SIZE

3,120 sqft

LOT AREA

1 acres

LEASE TYPE

Absolute Net

YEAR BUILT

1994

ROOF & STRUCTURE

Tenant's Responsibility

COMMON AREA MAINTENANCE

Tenant's Responsibility

REPAIRS & MAINTENANCE

Tenant's Responsibility



15+ Year Absolute NNN Lease | Zero Landlord Responsibilities | No State Income Tax Newly Remodeled Store | Image Activation Boosts Store Sales 10-15% On Average | Top Tier Performing Location 5th Largest Operator of Wendy's in the World. JAE Restaurant Group

Rare 7.5% Rent Increases Every 5-years throughout entirety of lease | Primary Term & 3x5 Year Renewal Options Excellent Visibility & Traffic Counts | Strong Growth Market | Excellent Underlying Real Estate
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Ted Dowding, TD Commercial Group