Log In/Sign Up
Your email has been sent.
3500 W Gate City Blvd
Greensboro, NC 27407
Wendy's · Retail Property For Sale
Investment Highlights
- Long-Term NNN Lease with Passive, Predictable Income Pure NNN lease through Nov 2034 with zero landlord responsibilities and stable cash flow.
- Below-Market Rent with Upside Below-market lease rates create strong mark-to-market and NOI growth potential.
- Proven Institutional Operator Operated by Schmidt Family Restaurant Group (80+ locations), a highly experienced Wendy’s franchisee.
- Prime High-Traffic Location Positioned on Gate City Blvd (28,000+ VPD) near I-40 and major national retailers.
Executive Summary
High-visibility net-leased Wendy’s located on Greensboro’s bustling Gate City Boulevard. Occupied by an established franchise operator, the property offers long-term income stability, a modern restaurant prototype, and a prime location within a thriving retail corridor anchored by national brands.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,979 SF
Building Class
B
Year Built/Renovated
1976/2016
Price
$2,107,101 CAD
Price Per SF
$707.32 CAD
Cap Rate
5.50%
NOI
$115,891 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.68 AC
Zoning
C-M - Commercial-Medium
Parking
59 Spaces (19.81 Spaces per 1,000 SF Leased)
Frontage
83’ on West Gate City Boulevard
Amenities
- Bus Line
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 0053266 | Improvements Assessment | $1,460,745 CAD |
| Land Assessment | $1,001,296 CAD | Total Assessment | $2,462,040 CAD |
Property Taxes
Parcel Number
0053266
Land Assessment
$1,001,296 CAD
Improvements Assessment
$1,460,745 CAD
Total Assessment
$2,462,040 CAD
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
