Wendy's NNN in Indiana

1416 E 191st St, Westfield, IN

PROPERTY HIGHLIGHTS

  • .90 ACRES AVAILABLE
  • DENSE RESIDENTIAL POPULATION IN THE GROWING MARKET
  • TRAFFIC GENERATING NEIGHBORS
  • CLOSE PROXIMITY TO SCHOOLS AND HOSPITALS

PROPERTY OVERVIEW

TENANT NAME:

WENDY'S

FRANCHISE:

PERSONAL GUARANTEE, 100+ UNIT OPERATOR

OWNERSHIP TYPE/LEASE TYPE:

FEE SIMPLE/NNN

LANDLORD RESPONSIBILITIES:

NONE

STORE OPENING:

FOURTH QUARTER 2019

LEASE TERM REMAINING:

20 YEARS

PRICE:

$2,857,142

YEAR-ONE NOI:

$150,000

CAP RATE:

5.25%

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