3500 W Gate City Blvd - Fast Food FOR SALE


Greensboro, NC 27407- Fairview Homes
$1,496,000 USD
714-504-0262
3500 W Gate City Blvd, Greensboro, NC for Sale
$1,496,000 USD
Fast Food - FOR SALE
1/7
null | 5.5% Cap Rate

3500 W Gate City Blvd
Greensboro, NC 27407
Fairview Homes


HIGHLIGHTS

  • Long-Term NNN Lease with Passive, Predictable Income Pure NNN lease through Nov 2034 with zero landlord responsibilities and stable cash flow.
  • Proven Institutional Operator Operated by Schmidt Family Restaurant Group (80+ locations), a highly experienced Wendy’s franchisee.
  • Below-Market Rent with Upside Below-market lease rates create strong mark-to-market and NOI growth potential.
  • Prime High-Traffic Location Positioned on Gate City Blvd (28,000+ VPD) near I-40 and major national retailers.

OVERVIEW

High-visibility net-leased Wendy’s located on Greensboro’s bustling Gate City Boulevard. Occupied by an established franchise operator, the property offers long-term income stability, a modern restaurant prototype, and a prime location within a thriving retail corridor anchored by national brands.

FOR SALE DETAILS

PRICE

$1,496,000 USD

PRICE/SF

$502 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

59

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

C-M

APN/PARCEL ID

0053266

ASK ABOUT THIS PROPERTY

Arthur FloresCBRE, Inc.More Info
714-504-0262

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

Arthur FloresCBRE, Inc.More Info
714-504-0262

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