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34599901
34599900

819 PARIS RD, MAYFIELD, KY 42066 For Sale

DM
GA 292036, NC LC444 (+1)
Marcus & Millichap - Atlanta
Marcus & Millichap - Atlanta
Listed by Marcus & Millichap - Atlanta
$1,326,000
2 days on market
Updated 2 days ago

Wendy’s | Low Rent & Price Point

Details
APN 208.00.03.006.02
Property Type Retail
Sub Type QSR/Fast Food, Wendys
Square Footage 2,614
Units 1
Cap Rate 7.50%
NOI $99,405
Occupancy 100%
Tenancy Single
Brand/Tenant Wendy's
Lease Type NNN
Remaining Term 7.6
Rent Bumps Yes
Year Built 1986
Year Renovated 2019
Stories 1
Acreage 0.920
Tenant Credit Franchisee
Ground Lease No

Near Walmart & Lowe’s

Investment highlights

LOWER RENT & PRICE POINT QSR

• The subject property has a lower rent and price point of $1.3M.

MAIN RETAIL CORRIDOR IN MAYFIELD

• This Wendys is positioned at an intersection with two entry points on Paris Rd.

• Paris Rd is the main retail corridor in Mayfield, KY. National retailers down the street from this Wendy’s include Walmart, Lowe’s Home Improvement, Tractor Supply, and more.

• Subject property is within a few miles of the 3 major schools in Mayfield with a total student count of nearly 2,000.

MAYFIELD, KY | COUNTY SEAT OF GRAVES COUNTY

• Positioned in Graves County approximately 25 miles south of Paducah with

connectivity to major regional transportation corridors serving Western Kentucky and Northwest Tennessee

• Mayfield serves as a commercial and employment center for the surrounding rural communities with strong retail, healthcare, manufacturing, and agricultural presence

• The city generates approximately $681M in annual retail sales, reinforcing its role as a retail destination for the region

• Mayfield is a county seat and serves as the governmental, commercial, and economic center for Graves County.

• Western Kentucky continues to attract manufacturing and distribution investment due to its central location, favorable business climate, and transportation infrastructure

7.75 YEAR NNN LEASE WITH RENT INCREASES

• Wendy’s signed a new 20 year lease in 2014 that expires in March 2034.

• There are 7.75 years remaining on the 20 year NNN lease.

• The tenant is fully responsible for all responsibilities and expenses including Roof, Structure, Parking Lot, Taxes, Insurance, HVAC, and Utilities.

• There are 100% no Landlord Responsibilities.

• 8% rent increases every 5 years in the initial lease term and options.

• The lease is guaranteed by Pattman, LLC which has 49 units backing the lease.

• Pattman LLLC is based in Louisville, KY and operates 49 Wendy’s in KY and TN.

Listing Contacts

DM
GA 292036, NC LC444 (+1)
Marcus & Millichap - Atlanta
Marcus & Millichap - Atlanta
Listed by Marcus & Millichap - Atlanta

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$99,405.00
$8,283.75/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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