Wendy's - Pell City, AL
170 Vaughan Lane Pell City , AL 35125

Wendy's - Pell City, AL - retail for sale

0.70 ac
Retail --Single tenant/Standalone Sale/Purchase
USD $2,364,035

Description

JLL is pleased to exclusively offer a net lease opportunity to acquire a fee simple interest in a single tenant, Wendy’s (the “Property”) investment property located in Pell City, Alabama. Wendy’s recently executed an amendment, resulting in a 20-year term on its NNN lease. The lease features attractive, 6% rental increases every 3 years, which shall continue through the two, 10-year option periods. The operator, Starboard Group, operates over 100 Wendy’s restaurants and was ranked 32nd in the Franchise Times Restaurant Monitor 200. 

Wendy's - Pell City, AL - retail for sale

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