Zero landlord responsibilities! Tenant covers, roof, structure, etc.
Property Details
Property Type:
Investment, Restaurant
Availability:
Sold
Transaction Type:
Sold
Cap Rate:
4.9%
Building Size:
2,732 SF
Lot Size:
1.25 AC
Sale Type:
Absolute NNN
Lease Term:
16 years
Year Built:
1986
Tenancy:
Single Tenant
Property Description
Wendy’s Franchise Absolute NNN Lease
Exceptional acquisition opportunity of a Wendy’s franchise located in the thriving city of Sebastian. Boasting a lease with 16 years remaining and enticing rent increases of 7.5% every 5 years, this investment promises both stability and significant growth potential.
With a longstanding reputation for quality and innovation, Wendy’s is a globally recognized brand that draws customers seeking its delectable menu and outstanding service. This established franchise location has a track record of success, making it a solid foundation for your investment.
Nestled in the heart of Sebastian, this Wendy’s claims an enviable location in a bustling city renowned for its vibrant community and strong economic growth. Situated amidst a thriving residential neighborhood, commercial centers, and waterfront resorts, this Wendy’s benefits from excellent visibility and consistent foot traffic, ensuring a steady flow of loyal customers.
