Wendys New 20Year Lease 390 Unit Operator — Sale in Paw Paw, MI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Paw Paw, MI 49079

Investment Figures

Cap rate
6.30%

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

--Prime Retail Location -Highly-Trafficked Location Located on the Corner of a Signalized Intersection (Combined Traffic Counts Exceed 20,000 Cars Per Day) -Located on Main Retail Corridor in Close Proximity to Several Major Retailers such as Walmart, Tractor Supply Co, Speedway, Jimmy John’s, Family Fare Supermarket, CITGO, Walgreens, Taco Bell, AutoZone, Advance Auto Parts, and Many More -Affluent Area with the Average Household Income Exceeding $92,000 within 5 Miles --Experienced Wendy’s Franchisee -Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market -Meritage Hospitality Group is One of the Largest Wendy’s Franchisee’s in the Country with Over 12,000 Employees and 380 Locations in 16 States -Scheduled 1.5% Annual Rental Increases Throughout the Initial Term Provide for an Excellent Hedge Against Inflation Investment Highlights: • Successful Store with a 7.5% Rent-to-Sales Ratio • New, 20-Year Wendy's Sale-Leaseback • Freeway-Close Location – Less Than ½ Mile From Interstate-94, Connecting Detroit to Chicago with a Traffic Counts Exceeding 46,000 Cars Per Day

Market Context

This retail in Paw Paw, MI is listed for sale. It is offered at an approximate 6.3% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Paw Paw, MI — view the full market.

Contact

Explore this market

Similar Retail Business for Sale in Paw Paw, MI