Listed by NAI Earle Furman
$2,808,208
Wendy's - 2800 Memorial Pkwy SW
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,988
Cap Rate 5.85%
NOI $164,280
Occupancy 100%
Tenancy Single
Brand/Tenant Wendy's
Lease Type NNN
Remaining Term 10
Price per SqFt $940
Year Built 1983
Lot Size (SqFt) 1.4
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Retail | 5.85% CAP | 2,988 SqFt
Marketing description
Excellent population growth in a 1-mile radius with a projected 2.2% annual increase over the next 5 years
Average Household Income of over $95,000 in a 1-mile radius
Traffic Counts: ±74,619 VPD on Memorial Pkwy SW
Memorial Pkwy is one of Huntsville’s busiest thoroughfares with heavy traffic counts and high visibility
Located a few miles from Downtown Huntsville, Big Spring Park, U.S. Space & Rocket Center, and Bridge Street Town Center
Listing Contacts
Listed by NAI Earle Furman
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$164,280.00
$13,690.00/mo
Valuation Metrics
0
DSCR
5.85%
Cap Rate
5.85%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
