Wendy's - Memphis, TN
6143 Walnut Grove Road, Memphis, TN, 38120, US
3 976 000 $ | 311 mètres carrés
Description de l'actif
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the Wendy’s located at 9197 Poplar Avenue in Germantown, Tennessee (“Property” or “Asset”). Wendy’s is operating on an absolute NNN lease with ±12.0 years of primary lease term remaining, various rental escalations, and four, five-year renewal options.
Located just 15 miles southeast of downtown Memphis, Germantown is an affluent suburb with more than 40,000 residents and the highest incomes in the Nashville MSA. The Property is positioned along Poplar Ave, just south of Forest Hill Irene Road with direct accessibility to more than 32,000 vehicles per day and average household incomes exceeding $266,000 within a 1-mile radius.
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Attributs
Prix demandé
2 521 000 $
Taux de capitalisation
6 %
RNI
152 000 $
WAULT
12 années
Superficie du bâtiment nette
311 mètres carrés
Superficie du terrain brute
0,37 ha
Média
Points forts de l'investissement
- Operating on an absolute NNN lease with ±12.0 years of primary lease term remaining
- Outparcel to Shops at Forest Hill, a top 5% shopping center
- Meritage Hospitality Group is one of the fastest growing restaurant companies in the U.S.
- Strong demand characteristics driven by 1-mile AHHI of $266K
- Dense commercial corridor with direct accessability to 32,000 VPD
- College town location with The University of Memphis just 11 miles from Property
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Wendy's - Germantown, TN (0 Propriétés)
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Dernière mise à jour
25 avr. 2025
