Property History
Property Type
Property Type
Investment Highlights
- 100% Occupied by Wendy’s and Lassus Handy Dandy
- 16 Years Remaining with Wendy’s, Rare Corporate Guaranty (NASDAQ: WEN)
- 4 Years Remaining with Lassus, Corporate Guaranty with 36 Locations
- All-Brick Building with a Drive-Thru, Limited Landlord Responsibilities
- Fee Simple Interest, Eligible for Accelerated Depreciation Due to Lassus Fuel Station
- Strong Performing Wendy’s Location, Low Rent-to-Sales Ratio
- Serving Over 189,000 Residents in Established Trade Area
- Hard Corner Location at Four-Way Signalized Intersection with Over 36,000 Cars/Day
- 2 Miles to Glenbrook Square Super Regional Mall with 12+ Million Shoppers Annually
- Strong Daytime Population, Over 102,000 Employees within 5 Miles
- Less than 1 Mile to Parkview Hospital’s Randallia Campus with 7,000 Employees, Largest Employer in Northeast Indiana
- 1 Mile to Purdue University Fort Wayne (14,326 Students) and 1.5 Miles to Ivy Tech Community College (10,932 Students)
- Close Proximity to Indiana Tech (4,384 Students) and University of Saint Francis (2,364 Students)
- Surrounded by Several K-12 Schools with Over 11,000 Students
- 1 Mile to Allen County War Memorial Coliseum with 1+ Million Visitors Annually
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Property Details
Contacts
Listing removed on
BY:
Phil Sambazis PRO
•••.•••.3174
••••.••••azis@•••••••••••••••.com
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