Listed by NAI Earle Furman
$3,062,288
Wendy's - 7782 Hwy 72, Madison, AL
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,200
Cap Rate 5.85%
NOI $179,143
Occupancy 100%
Tenancy Single
Brand/Tenant Wendy's
Lease Type NNN
Price per SqFt $957
Year Built 2021
Acreage 1.150
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Retail | 5.85% CAP | 3,200 SqFt
Marketing description
2.4% Annual Growth Rate in a 5-Mile Radius
Average Household Income of over $144,000 in a 1-mile radius
Located just east of the Clift Farm development on Hwy 72, which is Madison’s most dynamic commercial additions - mixed-use retail and lifestyle destination that includes retail stores such as Costco, Publix, S&J Produce Farms, Mountain High Outfitters, and restaurants such as Chuck’s Fish, First Watch, Culver’s, Walk-On’s Sports Bistreaux, Stoney River, Jim ‘N Nick’s BBQ, La Parilla, Maple Street Biscuit Company, and much more!
Listing Contacts
Listed by NAI Earle Furman
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$179,143.00
$14,928.58/mo
Valuation Metrics
0
DSCR
5.85%
Cap Rate
5.85%
ROI
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