800 US 301 Hwy N - Fast Food FOR SALE
Wilson, NC 27893 |
$1,587,826 USD
949-207-6396
800 US 301 Hwy N
Wilson, NC 27893
HIGHLIGHTS
- Absolute NNN lease with ±13.5 years remaining and no landlord responsibilities
- Priced below replacement cost with $91,300 in annual rent and 5.75% cap rate
- Recently constructed Wendy’s prototype minimizes near-term capital expenditures
- Prime signalized intersection location with direct access to Hwy 301 and 22,000 VPD
- Nationally recognized Wendy’s franchisee tenant with 7,000+ locations worldwide
- 10% rent increases every 5 years and four 5-year renewal options
FOR SALE DETAILS
PRICE
$1,587,826 USD
PRICE/SF
$401 USD /SF
CAP RATE
5.75%
% 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
2018
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.82 AC
LAND SF
35,719 SF
ZONING
GC
APN/PARCEL ID
3721-88-7860.000
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949-207-6396
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949-207-6396
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
