Listed by NAI Earle Furman
$2,821,971
Wendy's - 370 Cox Creek Pkwy, Florence, AL
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,300
Cap Rate 5.85%
NOI $165,085
Occupancy 100%
Lease Type NNN
Price per SqFt $855
Year Built 2001
Year Renovated 2021
Buildings 1
Stories 1
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Retail | 5.85% CAP | 3,300 SqFt
Marketing description
±16,739 VPD on Cox Creek Parkway
Site is located across from Florence Mall in a busy retail corridor with surrounding retailers such as Target, The Home Depot, Sam’s Club, Petco, DICK’s, Publix, Olive Garden, Chick-fil-A, Texas Roadhouse, and many more
This Wendy’s is the #3 performing Wendy’s in the state of Alabama (Placer.ai)
Site is ranked as the Top 7% Wendy’s nationwide (Placer.ai)
Listing Contacts
Listed by NAI Earle Furman
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$165,085.00
$13,757.08/mo
Valuation Metrics
0
DSCR
5.85%
Cap Rate
5.85%
ROI
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