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Wendy's 7471 Richlands Hwy 2,465 SF Retail Building Richlands, NC 28574 $3,768,589 CAD ($1,528.84 CAD/SF) 5.90% Cap Rate

INVESTMENT HIGHLIGHTS
- 20-Year Absolute NNN Lease
- Strong unit-level sales
- 127-Unit Operator
EXECUTIVE SUMMARY
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Accommodation and Food Services
- -
- -
- -
Wendy's® was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise, “Quality is Wendy's Recipe®,” which remains the guidepost of the Wendy’s system. Wendy’s is best known for its made-to-order square hamburgers, using fresh, never frozen beef, freshly-prepared salads, and other signature items like chili, baked potatoes and the Frosty® dessert. The Wendy’s Company is committed to doing the right thing and making a positive difference in the lives of others. This is most visible through the Company’s support of the Dave Thomas Foundation for Adoption® and its signature Wendy’s Wonderful Kids® program, which seeks to find every child in the North American foster care system a loving, forever home. Today, Wendy’s and its franchisees employ hundreds of thousands of people worldwide with a vision of becoming the world’s most thriving and beloved restaurant brand.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
Accommodation and Food Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 169664 | Improvements Assessment | $417,089 CAD |
| Land Assessment | $699,272 CAD | Total Assessment | $1,116,361 CAD |
PROPERTY TAXES
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Wendy's | 7471 Richlands Hwy
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