5228 Highway 321 - Fast Food FOR SALE


Gaston, SC 29053
$2,381,000 USD
949-207-6396
5228 Highway 321, Gaston, SC for Sale
$2,381,000 USD
Fast Food - FOR SALE
1/3
null | 6.25% Cap Rate

5228 Highway 321
Gaston, SC 29053


HIGHLIGHTS

  • PREMIER NATIONAL BRAND – Wendy’s is a globally recognized quick-service restaurant (QSR) powerhouse, with 6,500+ locations across the United States
  • STRONG PERFORMANCE VERIFIED BY PLACER.AI – According to Placer.ai, this location ranks in the top 74th percentile of Wendy’s locations nationally
  • SOLID DEMOGRAPHICS & HIGH-TRAFFIC EXPOSURE – The property is supported by a stable consumer base of 101,000+ residents within a 10-mile radius
  • RECENT INTERIOR RENOVATION SHOWS TENANT COMMITMENT – This Wendy’s has recently undergone a full interior renovation, upgrading to the latest corporate
  • NEARBY DEVELOPMENT ACTIVITY DRIVING GROWTH – The surrounding area has experienced steady development, including new residential subdivisions
  • ABSOLUTE NNN LEASE – This Wendy’s has 11 years remaining on an absolute NNN lease with zero landlord responsibilities.

OVERVIEW

Broker of Record Kyle Matthews License No. 22684 (SC) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$2,381,000 USD

PRICE/SF

$831 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

16.74 AC

LAND SF

729,194 SF

ZONING

-

APN/PARCEL ID

010100-02-024

ASK ABOUT THIS PROPERTY

Vincent RennaMatthews Real Estate Investment ServicesMore Info
949-207-6396

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Vincent RennaMatthews Real Estate Investment ServicesMore Info
949-207-6396

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