Description
Unique opportunity to acquire an absolute NNN, single-tenant investment property. This Wendy's has successfully operated at this high-traffic corner location since 2018 and has 13.5 years remaining, with four (4) five-year renewal options. The lease features rent increases every 5 years, ensuring long-term income growth. Strategically positioned, the property is near the exit to I-295, ensuring accessibility and offering high visibility and exposure to strong daily traffic counts. The surrounding area has a diverse mix of retail, service, and established residential neighborhoods, providing a built-in and growing customer base. Stable, passive-income asset backed by one of the nation's leading quick-service restaurant brands. With a long-term lease, minimal landlord responsibilities,
School Ratings & Info
Description
Unique opportunity to acquire an absolute NNN, single-tenant investment property. This Wendy's has successfully operated at this high-traffic corner location since 2018 and has 13.5 years remaining, with four (4) five-year renewal options. The lease features rent increases every 5 years, ensuring long-term income growth. Strategically positioned, the property is near the exit to I-295, ensuring accessibility and offering high visibility and exposure to strong daily traffic counts. The surrounding area has a diverse mix of retail, service, and established residential neighborhoods, providing a built-in and growing customer base. Stable, passive-income asset backed by one of the nation's leading quick-service restaurant brands. With a long-term lease, minimal landlord responsibilities,
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