510 Upper Lewisburg Salem Rd - Fast Food FOR SALE
Brookville, OH 45309 |
$2,189,774 USD
602-687-6766
510 Upper Lewisburg Salem Rd
Brookville, OH 45309
HIGHLIGHTS
- Eight Years Remaining on Absolute Triple-Net (NNN) Lease
- Multi-Unit Franchisee - Tenant Operates 65 Wendy’s Locations Throughout Texas and Ohio
- 8 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Situated within the Dayton MSA - 103,486 Residents within a 10-Mile Radius
- Signalized Hard Corner Location, Directly Off Interstate 70 (Approximately 43,570 Cars per Day), a Significant Connector for the Dayton MSA
- Across from $920 Million Expansion Project for General Motors’ DMAX Plant, Projected to Add 700 New Employees
OVERVIEW
The Wendy’s Company (NASDAQ: WEN) is the world’s third largest quick-service hamburger company. The Wendy’s system includes over 7,300 restaurants in the U.S. and 29 other countries and U.S. territories worldwide.
Brookville is a city in northwestern Montgomery County, Ohio, a suburb of Dayton. The Dayton Metro is home to over 810,000 people with over 342,000 households. Composed of Greene, Montgomery, and Miami Counties, it is the fourth-largest metropolitan area in Ohio.
FOR SALE DETAILS
PRICE
$2,189,774 USD
PRICE/SF
$749 USD /SF
CAP RATE
6.75%
% 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
1984
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.97 AC
LAND SF
85,813 SF
ZONING
-
APN/PARCEL ID
C05-00415-0018
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602-687-6766
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602-687-6766
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