7471 Richlands Hwy - Restaurant FOR SALE


Richlands, NC 28574
$2,919,090 USD
312-600-6368
7471 Richlands Hwy, Richlands, NC for Sale
$2,919,090 USD
Restaurant - FOR SALE
1/1
null | 5.5% Cap Rate

7471 Richlands Hwy
Richlands, NC 28574


HIGHLIGHTS

  • 20-Year Absolute NNN Lease
  • 127-Unit Operator
  • Strong unit-level sales

OVERVIEW

Vestian has been retained by ownership as the exclusive advisors to offer for sale the Wendy’s restaurant (The “Property”) located at 7471 Richlands Highway, Richlands, NC. The Property is subject to a 20-year absolute net lease expiring December 31st, 2044. The operator of the unit is Carolina Restaurant Group (CRG). CRG operates 127 Wendy’s units mainly in North and South Carolina

FOR SALE DETAILS

PRICE

$2,919,090 USD

PRICE/SF

$1,184 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C

APN/PARCEL ID

169664

ASK ABOUT THIS PROPERTY

Michael MorgretVestianMore Info
312-600-6368

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Michael MorgretVestianMore Info
312-600-6368

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