2 Pratt Rd - Fast Food FOR SALE


Plainfield, CT 06374
$2,835,486 USD
332-345-2408
2 Pratt Rd, Plainfield, CT for Sale
$2,835,486 USD
Fast Food - FOR SALE
1/3
null | 5.45% Cap Rate

2 Pratt Rd
Plainfield, CT 06374


HIGHLIGHTS

  • Long-term Absolute NNN Lease |25+ Year Operating History
  • Attractive Annual Rental Increases
  • Guarantee from Largest Wendy's Franchisee in the United States
  • Large Lot with Significant Traffic | Directly Off Interstate - 395

OVERVIEW

Surmount is pleased to present the exclusive listing for a Wendy's located at 2 Pratt Rd, Plainfield, CT 06374. The site consists of roughly 3,000 rentable square feet of building space on an estimated 1.64-acre parcel of land. This Wendy's is subject to a 20 Years-year Triple Net (NNN) lease, which commenced 12/27/2024. The current annual rent is $154,250 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$2,835,486 USD

PRICE/SF

$945 USD /SF

CAP RATE

5.45%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.64 AC

LAND SF

71,438 SF

ZONING

CI

APN/PARCEL ID

PLAI-000017-000011-000011A

ASK ABOUT THIS PROPERTY

Stewart HickeySurmountMore Info
332-345-2408

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Stewart HickeySurmountMore Info
332-345-2408

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.