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1501 N Broad St 2 500 pi² Commerce de détail Immeuble Tazewell, TN 37879 3 380 669 $ CAD (1 352,27 $ CAD/pi²) 5,50% Taux de capitalisation



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Brand New Construction Wendy’s Restaurant with Drive Thru
- Very Strong 84+ Unit Franchisee Guarantee, Formally JAE Restaurant Group
- 45 Minutes - Short Drive From Knoxville, Tennessee
- 20 Year Absolute NNN Lease | 7.5% Rent Increases Every 5 Years
- Hard Corner Signalized Intersection | Traffic Counts Exceeding 20,000 Vehicles Per Day
RÉSUMÉ DE L'ANNONCE
Marcus & Millichap is pleased to present for sale this Wendy’s Restaurant with drive thru located at 1501 N Broad Street in Tazewell, Tennessee. Tazewell is a town and the County Seat of Claiborne County, located a short 47-minute drive from Knoxville, Tennessee.
This brand new construction Wendy’s is subject to a 20 year absolute NNN Lease with 7.5 percent increases in rent every five years. This Wendy’s property is located a short distance from Walters State Community College with over 5,742 enrolled students and a few minutes from New Tazewell Municipal Airport.
Many apartment complexes surround this property including The Peaks of Tazewell Apartments with two stories and 56 rented apartment units, Cedar Ridge Apartments with 50 rented units. Also in close vicinity to the property are Rockwood Shopping Center, anchored by Fresh & Low Grocery (AWG) affiliate, Rite Aid, Family Dollar, Advance Auto Parts, The U.S. Post Office and many other national and regional retailers.
Also nearby this Wendy’s is Claiborne County Hospital Rehabilitation Center with 100 Beds and The Claiborne Medical Center, which is an 85 Bed full-service hospital.
Wendy’s is an international fast-food restaurant chain founded by Dave Thomas on November 15, 1969, in Columbus, Ohio. As of January 2019, there were a total of over 6,711 locations, including 353 that are company-owned. 6,356 restaurants are franchised and 77 percent of them are located in North America. (In 2016, Wendy’s was the world’s third largest hamburger fast-food chain, following Burger King’s 12,000 plus locations and McDonald’s with 31,000 plus locations.).
This brand new construction Wendy’s is subject to a 20 year absolute NNN Lease with 7.5 percent increases in rent every five years. This Wendy’s property is located a short distance from Walters State Community College with over 5,742 enrolled students and a few minutes from New Tazewell Municipal Airport.
Many apartment complexes surround this property including The Peaks of Tazewell Apartments with two stories and 56 rented apartment units, Cedar Ridge Apartments with 50 rented units. Also in close vicinity to the property are Rockwood Shopping Center, anchored by Fresh & Low Grocery (AWG) affiliate, Rite Aid, Family Dollar, Advance Auto Parts, The U.S. Post Office and many other national and regional retailers.
Also nearby this Wendy’s is Claiborne County Hospital Rehabilitation Center with 100 Beds and The Claiborne Medical Center, which is an 85 Bed full-service hospital.
Wendy’s is an international fast-food restaurant chain founded by Dave Thomas on November 15, 1969, in Columbus, Ohio. As of January 2019, there were a total of over 6,711 locations, including 353 that are company-owned. 6,356 restaurants are franchised and 77 percent of them are located in North America. (In 2016, Wendy’s was the world’s third largest hamburger fast-food chain, following Burger King’s 12,000 plus locations and McDonald’s with 31,000 plus locations.).
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Restauration rapide
Taille du bâtiment
2 500 pi²
Classe d’immeuble
B
Année de construction
2022
Prix
3 380 669 $ CAD
Prix par pi²
1 352,27 $ CAD
Taux de capitalisation
5,50%
Revenu net d’exploitation
185 937 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,08
Taille du lot
0,75 AC
Zonage
C
Façade
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 096H-A-019.01 | Évaluation des bâtiments | 276 003 $ CAD |
| Évaluation du terrain | 232 719 $ CAD | Évaluation totale | 508 722 $ CAD |
Impôts fonciers
Numéro de lot
096H-A-019.01
Évaluation du terrain
232 719 $ CAD
Évaluation des bâtiments
276 003 $ CAD
Évaluation totale
508 722 $ CAD
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1501 N Broad St
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