CBRE is pleased to present a Wendy’s for sale located at 1735 Decherd Blvd in Decherd, TN. The property includes a 2,685 SF building on a 1.90-acre parcel. This site benefits from being located on Decherd Blvd, which sees 20,000+ vehicles per day. The property is located in Franklin County, which is home to 44,000 people. The property is surrounded by national retailers such as including Kroger, Walgreens, McDonald’s, Hardee’s, Dollar Tree, Tractor Supply, and many more.
The Lease is backed by Vestco Inc., and operates under an Absolute NNN Lease with zero landlord responsibilities. There are just under 15 years remaining with 10% rent increases every 5 years and four 5-year renewal options. Vestco Inc. is a franchise of Wendy’s International, Inc. and is locally owned and operated. Beginning in 1996, the first restaurant was opened in Lexington, TN. Vestco is a growing company with plans to open more restaurants around and across the state.