5580 W Amelia Earhart Dr - Fast Food FOR SALE


Salt Lake City, UT 84116- Jordan Meadows
$2,300,000 USD
801-578-5534
5580 W Amelia Earhart Dr, Salt Lake City, UT for Sale
$2,300,000 USD
Fast Food - FOR SALE
1/9
null | 5% Cap Rate

5580 W Amelia Earhart Dr
Salt Lake City, UT 84116
Jordan Meadows


HIGHLIGHTS

  • Wendy’s (NASDAQ: WEN), S&P: B+ | 7,240 Global Locations | Wend American Group LLC Guaranty (51 Locations), Owned by Flynn Group (2,900+ Locations)
  • Absolute NNN Ground Lease | 15-Year Primary Term plus 4 (5-Year) Options | 10.00% Rental Increases Every 5 Years | Brand New 2025 Construction
  • Irreplaceable Drive-Thru Retail Location at the signalized intersection of N 5600 W and Amelia Earhart Drive (23,236 VPD)
  • Direct Access to I-80 (64,045 VPD) along N 5600 W (18,754 VPD) | Zero National QSR Competition in the Trade Area
  • Located 1.25 Miles East of Salt Lake City International Airport | Strong Daytime Population of 18,111 workers within 3 Miles
  • 517,452 People with an Average Household Income of $86,895 within 10 Miles

OVERVIEW

Single-Tenant Net Leased Wendy’s Newmark, as an exclusive advisor, is pleased to present the opportunity to acquire a single-tenant, absolute NNN ground-leased Wendy’s in Salt Lake City, UT. NNN (GL) Lease Structure 14.8 Years Lease Term Remaining Leased Fee Ownership Interest

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$924 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,797 SF

ZONING

-

APN/PARCEL ID

07-36-151-007-0000

ASK ABOUT THIS PROPERTY

Bryce BlanchardNewmarkMore Info
801-578-5534

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Bryce BlanchardNewmarkMore Info
801-578-5534

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