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Wendy's 5741 Cooper st 1,638 SF Retail Building Arlington, TX 76017 $2,984,629 CAD ($1,822.12 CAD/SF) 6% 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
Property Subtype
Fast Food
Building Size
1,638 SF
Building Class
C
Year Built
2022
Price
$2,984,629 CAD
Price Per SF
$1,822.12 CAD
Cap Rate
6%
NOI
$179,075 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.79 AC
Zoning
PD - Planned Development
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06827276 | Improvements Assessment | $1,007,306 CAD |
| Land Assessment | $1,132,727 CAD | Total Assessment | $2,140,033 CAD |
Property Taxes
Parcel Number
06827276
Land Assessment
$1,132,727 CAD
Improvements Assessment
$1,007,306 CAD
Total Assessment
$2,140,033 CAD
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Wendy's | 5741 Cooper st
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