HIGHLIGHTS
- Build-to-Suit Relocation Store (2021 Construction): Purpose-built Wendy’s developed in 2021 as a relocation just four parcels away
- Adjacent to Major Employment Drivers: Positioned minutes from the 2.8M SF Nike Logistics Campus (~1,600 employees) and a 1M+ SF Amazon Center
- Institutional-Grade Tenant: Meritage Hospitality Group Guaranty: Operated by Meritage (NASDAQ: MHGU), the largest Wendy’s franchisee with 350+ units
- Long-Term Absolute NNN Lease: Over 16 years remaining on a true NNN lease, offering passive income with no landlord responsibilities
- Tax-Advantaged Location: Tennessee is an income tax-free state to those who qualify, contributing to stronger net returns for investors
FOR SALE DETAILS
PRICE
$2,736,454 USD
PRICE/SF
$706 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
4
LAND DETAILS
LAND ACRES
1.67 AC
LAND SF
72,745 SF
ZONING
CS
APN/PARCEL ID
07-2055-0-0003C
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
949-207-6396
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
949-207-6396
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
