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Wendy's 510 Upper Lewisburg Salem Rd 2,924 SF Retail Building Brookville, OH 45309 $3,017,815 CAD ($1,032.08 CAD/SF) 6.75% Cap Rate



Investment Highlights
- Eight Years Remaining on Absolute Triple-Net (NNN) Lease
- 8 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Signalized Hard Corner Location, Directly Off Interstate 70 (Approximately 43,570 Cars per Day), a Significant Connector for the Dayton MSA
- Multi-Unit Franchisee - Tenant Operates 65 Wendy’s Locations Throughout Texas and Ohio
- Situated within the Dayton MSA - 103,486 Residents within a 10-Mile Radius
- Across from $920 Million Expansion Project for General Motors’ DMAX Plant, Projected to Add 700 New Employees
Executive Summary
The Wendy’s Company (NASDAQ: WEN) is the world’s third largest quick-service hamburger company. The Wendy’s system includes over 7,300 restaurants in the U.S. and 29 other countries and U.S. territories worldwide.
Brookville is a city in northwestern Montgomery County, Ohio, a suburb of Dayton. The Dayton Metro is home to over 810,000 people with over 342,000 households. Composed of Greene, Montgomery, and Miami Counties, it is the fourth-largest metropolitan area in Ohio.
Brookville is a city in northwestern Montgomery County, Ohio, a suburb of Dayton. The Dayton Metro is home to over 810,000 people with over 342,000 households. Composed of Greene, Montgomery, and Miami Counties, it is the fourth-largest metropolitan area in Ohio.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,924 SF
Building Class
C
Year Built/Renovated
1984/1998
Price
$3,017,815 CAD
Price Per SF
$1,032.08 CAD
Cap Rate
6.75%
NOI
$203,703 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.97 AC
Frontage
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | C05-00415-0018 | Improvements Assessment | $189,260 CAD |
| Land Assessment | $148,384 CAD | Total Assessment | $337,644 CAD |
Property Taxes
Parcel Number
C05-00415-0018
Land Assessment
$148,384 CAD
Improvements Assessment
$189,260 CAD
Total Assessment
$337,644 CAD
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Wendy's | 510 Upper Lewisburg Salem Rd
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