6824 Lincoln Hwy - Fast Food FOR SALE


Fort Wayne, IN 46803
$1,542,980 USD
202-361-3050
6824 Lincoln Hwy, Fort Wayne, IN for Sale
$1,542,980 USD
Fast Food - FOR SALE
1/7
null | 5% Cap Rate

6824 Lincoln Hwy
Fort Wayne, IN 46803


OVERVIEW

INVESTMENT HIGHLIGHTS • Corporate Guarantee NNN Lease with 11.5 Years remaining. • Great demographics 3-mile | Pop +45K | Income +55K with Many Local and National Tenants nearby. • Excellent traffic +20K VPD. • Since 1987, the site has been successfully operated by Wendy's. • 10% rental increases every 5 years to hedge against inflation. PROPERTY SUMMARY Triple Net Investment Group is excited to present an opportunity to acquire a Wendy's restaurant. The property features a corporate guaranteed lease with Appx 11.5 years remaining on the initial term. The restaurant is strategically located on Lincoln Highway East in Fort Wayne, Indiana. The building is 2,215 square feet and sits on approximately 0.76 acres of land. Great demographics 3-mile | Pop +45K | Income +55K with Many Local and National Tenants nearby. In association with Broker of Records: BND COMMERIAL LLC

FOR SALE DETAILS

PRICE

$1,542,980 USD

PRICE/SF

$697 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fort Wayne, IN | Corporate Wendy's NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Convenience Store, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

-

APN/PARCEL ID

02-13-10-326-004.000-041

ASK ABOUT THIS PROPERTY

Robert GamzehTriple Net Investment Group Inc.More Info
202-361-3050

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Robert GamzehTriple Net Investment Group Inc.More Info
202-361-3050

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