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Wendy's 5741 Cooper st 1,638 SF 100% Leased Retail Building Arlington, TX 76017 $3,224,969 CAD ($1,968.85 CAD/SF) 5.50% Cap Rate
Investment Highlights
- Prime South Cooper Corridor Location
- Dense Infill Demographics
- Strong Franchise Guarantee
- Projected Population Growth
Executive Summary
Surmount is pleased to present the exclusive listing for a Wendy's located at 5741 South Cooper Street, Arlington, TX 76017. The site consists of roughly 1,638 rentable square feet of building space on an estimated .79-acre parcel of land. Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 6.8.2023. The current annual rent is $130,000 and has scheduled increases of 10.00% Every 5 Years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
1,638 SF
Year Built
2022
Price
$3,224,969 CAD
Price Per SF
$1,968.85 CAD
Cap Rate
5.50%
NOI
$177,373 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.05
Lot Size
0.79 AC
Walk Score®
Very Walkable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 06827276 | Improvements Assessment | $987,297 CAD |
| Land Assessment | $1,110,227 CAD | Total Assessment | $2,097,524 CAD |
Property Taxes
Parcel Number
06827276
Land Assessment
$1,110,227 CAD
Improvements Assessment
$987,297 CAD
Total Assessment
$2,097,524 CAD
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Wendy's | 5741 Cooper st
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