Wendy's
Retail | 6.00% CAP | 3,158 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Wendy’s located at 4422 Old Birmingham Highway, Tuscaloosa, AL 35404. The site consists of roughly 3,158 rentable square feet of building space on an estimated 1.19-acre parcel of land. Wendy’s is subject to a 15-year lease, which commenced 6/1/2024. The current annual rent is $156,750 and has scheduled increases of 6.00% Every 3 Years.
Investment highlights
Proximity to University of Alabama | The subject property is situated approximately 3.5 miles from University of Alabama, which enrolls more than 42,000 students. This proximity provides access to a strong, consistent consumer base that supports year-round demand and underpins long-term retail performance.
Strong Franchisee Guarantee | The lease is backed by Wendelta, a highly established franchisee with a portfolio of more than 220 units nationwide, providing investors with a reliable, well-capitalized guarantor and long-term operational stability.
Proximity to Major Healthcare Facility | The subject property is located near the Tuscaloosa Veterans Affairs Medical Center, a 381-bed facility, generating consistent traffic from patients, staff, and visitors and supporting a stable, year-round consumer base for surrounding retail.
Robust Retail Synergy in the Immediate Trade Area | The subject property is surrounded by national tenants including, Winn-Dixie, Dollar Tree, CVS, McDonald’s, Walgreens, AutoZone, Dollar General, and Subway, creating a high-traffic trade area that drives consistent consumer activity and supports long-term tenant success.
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