- Property size 0.70 ac
Wendy's - Pell City, AL - retail for sale
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.