Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the single-tenant Wendy’s at 200 Village Center Drive in Chapel Hill, North Carolina (“Property” or “Asset”). The Property is operating on an absolute NNN ground lease lease with ±18.2 years of primary lease term remaining, 10% rent escalations every 5 years and three, five-year options.

NC Broker of Record: Pete Pitroff - NC License #: 163984

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Caractéristiques de l'actif

Prix attendu

2 190 000 €

Taux de capitalisation

5 %

Revenu net

110 000 €

WALT

18.2 années

Taille du terrain Brut

0,43 hectare

Surface de l'actif Net

232 m²

Année de construction

2024

Média

Points clés d'investissement

Absolute NNN ground lease with ±18.2 years of primary lease term remaining
4 miles north of UNC Chapel Hill with 34,000+ students
Within Carraway Village, the largest greenfield development in Chapel Hill in the past decade
One of the few approved drive-thru sites in Chapel Hill due to restrictive permitting
Located off I-40 exit 266, one of the busiest interchange with 77,000+ VPD, with a new I-40 slip ramp currently under construction
Dense residential development with accessibility to 1,200+ residents within a 5-minute walk
3 miles from Carolina North Campus, UNC-Chapel Hill’s 250-acre satellite campus
Award winning Wendy’s franchisee with ±80 locations