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Wendy's 303 E Mountain Pky 2,650 SF Retail Building Salyersville, KY 41465 $2,757,860 CAD ($1,040.70 CAD/SF) 5.75% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Dense Retail Corridor
  • Close Proximity to Academic Institution
  • Strong Traffic Counts

EXECUTIVE SUMMARY

NNN Pro and Bang Realty are pleased to present the exclusive listing for a Wendy's located at 303 E. Mountain Parkway, Salyersville, KY 41465. The site consists of roughly 2,650 rentable square feet of building space on an estimated 0.69-acre parcel of land. This Wendy's is subject to a 20 Years-year Sale Lease Back lease which will commence upon close of escrow. The annual rent will be $115,000 and has scheduled increases of 1.50% Annual Increases over the 20-Year Term.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
2,650 SF
Building Class
C
Year Built
1990
Price
$2,757,860 CAD
Price Per SF
$1,040.70 CAD
Cap Rate
5.75%
NOI
$158,577 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.69 AC
Opportunity Zone
Yes
Parking
35 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
149’ on Amanda Avenue

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Wendy's® was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise, “Quality is Wendy's Recipe®,” which remains the guidepost of the Wendy’s system. Wendy’s is best known for its made-to-order square hamburgers, using fresh, never frozen beef, freshly-prepared salads, and other signature items like chili, baked potatoes and the Frosty® dessert. The Wendy’s Company is committed to doing the right thing and making a positive difference in the lives of others. This is most visible through the Company’s support of the Dave Thomas Foundation for Adoption® and its signature Wendy’s Wonderful Kids® program, which seeks to find every child in the North American foster care system a loving, forever home. Today, Wendy’s and its franchisees employ hundreds of thousands of people worldwide with a vision of becoming the world’s most thriving and beloved restaurant brand.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services - $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
049-00-00-037.07
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,475,514 CAD
  • Listing ID: 34963154

  • Date on Market: 2025-02-27

  • Last Updated:

  • Address: 303 E Mountain Pky, Salyersville, KY 41465

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