Property Details

Wendy’s

Gray, TN
Property ID: 2236

Financial Summary

Asking Price $1,858,710
Cap Rate 6.25%
Net Operating Income (NOI) $116,169
Lease Type NNN
Lease Term Remaining 18 Years
The Offering Memorandum for this property is no longer available.

Contact

Sheree Strome, CCIM
Director
404.900.5629
Keelee Peterson
Director
404.492.9469

Share Property

Highlights

  • Remodel was completed in June 2016
  • 18 years remaining on a 20-year lease with 7.50% increases every 5 years
  • Absolute NNN lease, no landlord responsibilities
  • Established location,¬†experienced Wendy's operator with 20+ locations

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

2700 Boones Creek Road
Gray, TN

Traci BidingerWendy’s