Wendy’s | Low Rent & Price Point — Sale in Mayfield, KY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Mayfield, KY 42066

Photos

Wendy’s | Low Rent & Price Point — Sale in Mayfield, KY, photo 1 of 3
Wendy’s | Low Rent & Price Point — Sale in Mayfield, KY, photo 2 of 3
Wendy’s | Low Rent & Price Point — Sale in Mayfield, KY, photo 3 of 3

Investment Figures

Cap rate
7.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

LOWER RENT & PRICE POINT QSR • The subject property has a lower rent and price point of $1.3M. MAIN RETAIL CORRIDOR IN MAYFIELD • This Wendys is positioned at an intersection with two entry points on Paris Rd. • Paris Rd is the main retail corridor in Mayfield, KY. National retailers down the street from this Wendy’s include Walmart, Lowe’s Home Improvement, Tractor Supply, and more. • Subject property is within a few miles of the 3 major schools in Mayfield with a total student count of nearly 2,000. MAYFIELD, KY | COUNTY SEAT OF GRAVES COUNTY • Positioned in Graves County approximately 25 miles south of Paducah with connectivity to major regional transportation corridors serving Western Kentucky and Northwest Tennessee • Mayfield serves as a commercial and employment center for the surrounding rural communities with strong retail, healthcare, manufacturing, and agricultural presence • The city generates approximately $681M in annual retail sales, reinforcing its role as a retail destination for the region • Mayfield is a county seat and serves as the governmental, commercial, and economic center for Graves County. • Western Kentucky continues to attract manufacturing and distribution investment due to its central location, favorable business climate, and transportation infrastructure 7.75 YEAR NNN LEASE WITH RENT INCREASES • Wendy’s signed a new 20 year lease in 2014 that expires in March 2034. • There are 7.75 years remaining on the 20 year NNN lease. • The tenant is fully responsible for all responsibilities and expenses including Roof, Structure, Parking Lot, Taxes, Insurance, HVAC, and Utilities. • There are 100% no Landlord Responsibilities. • 8% rent increases every 5 years in the initial lease term and options. • The lease is guaranteed by Pattman, LLC which has 49 units backing the lease. • Pattman LLLC is based in Louisville, KY and operates 49 Wendy’s in KY and TN. Investment Highlights: • LOWER RENT & PRICE POINT QSR • MAIN RETAIL CORRIDOR IN MAYFIELD

Market Context

This food service in Mayfield, KY is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Mayfield, KY — view the full market.

Contact

Explore this market

Similar Business for Sale in Kentucky