115 N 2nd St - Fast Food FOR SALE


Evanston, WY 82930
$2,995,000 USD
801-930-6753
115 N 2nd St, Evanston, WY for Sale
$2,995,000 USD
Fast Food - FOR SALE
1/2
null | 6% Cap Rate

115 N 2nd St
Evanston, WY 82930


OVERVIEW

This single-tenant Wendy’s property provides investors with a rare combination of stability, long-term passive income, and low-risk tenancy. Positioned within a high-traffic area, this property is supported by a multi-unit operator with proven success in the franchise business. Don’t miss this opportunity to acquire a well-located, single-tenant property with a highly secure lease structure and a globally trusted brand. Long-Term Stability: Brand-new 20-year Absolute NNN lease backed by a well-established multi-unit Wendy’s franchisee with a strong track record. • Premier Tenant: Wendy’s, a globally recognized quick-service restaurant brand, offering a reliable income stream and exceptional market presence. • Zero Landlord Responsibilities: Absolute NNN lease structure ensures no management obligations, making this a true hands-off investment. • Strong Location: Situated at a prime location in Evanston, Wyoming, with excellent visibility and access. The property benefits from nearby residential neighborhoods, retail businesses, and local traffic. • Tenant Commitment: Franchisee is committing to a sale-leaseback transaction, showcasing their long-term confidence in this location. Investment Summary:

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$950 USD /SF

CAP RATE

6%

% 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

1996

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,815 SF

ZONING

RB-D

APN/PARCEL ID

R0004978

ASK ABOUT THIS PROPERTY

Robert SweeneyLegend PartnersMore Info
801-930-6753

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Robert SweeneyLegend PartnersMore Info
801-930-6753

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