$2,166,199 USD
858-351-4027
HIGHLIGHTS
- Absolute NNN Lease – Tenant is responsible for all expenses providing an investor with passive income for the next 16.5 years
- High Foot Traffic – Property ranks in the top 86th percentile for Wendy’s nationwide and is the 3rd highest trafficked Wendy’s in Oklahoma City
- Experienced Operator – Meritage Hospitality Group is the largest Wendy’s operator with 375+ locations nationwide ensuring financial stability
- Attractive Annual Rental Increases – The lease is subject to CPI or 1.25% annual increases throughout the base term and option periods
- New Prototype Construction – Built in 2021, this Wendy’s location showcases the brand’s latest prototype design, reinforcing the operator’s long-term
FOR SALE DETAILS
PRICE
$2,166,199 USD
PRICE/SF
$1,002 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wendys
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.19 AC
LAND SF
95,597 SF
ZONING
C-1
APN/PARCEL ID
149472061
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858-351-4027
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858-351-4027
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