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424 S Schmale Rd
Carol Stream, IL 60188
Wendy's · Retail Property For Sale
Investment Highlights
- Absolute NNN - Zero Landlord Responsibilities
- Strong Unit Sales | Attractive Rent to Sales
- Located Directly Across The Home Depot on Schmale Road | 20,000+ Vehicles Per Day
- Brand New 20 Year Lease with Experienced Operator
- Franchisee Invested Over $500K in Store Remodels in 2016 | Commitment to Site
- Over 121,000 Daytime Employees Located Within a 5-Mile Radius
Executive Summary
Absolute NNN - Zero Landlord Responsibilities
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,051 SF
Building Class
C
Year Built
1984
Price
$3,833,810 CAD
Price Per SF
$1,256.57 CAD
Cap Rate
5.25%
NOI
$201,275 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.97 AC
Zoning
C
Parking
32 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 05-04-311-005 | Improvements Assessment | $108,603 CAD |
| Land Assessment | $243,366 CAD | Total Assessment | $351,969 CAD |
Property Taxes
Parcel Number
05-04-311-005
Land Assessment
$243,366 CAD
Improvements Assessment
$108,603 CAD
Total Assessment
$351,969 CAD
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