Wendy’s Absolute NNN Lease 3796 N Hwy 81, Duncan, OK Cap Rate 5.65% Rural Duncan (Duncan, Oklahoma, US ) Built

$2,387,257 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 2,319 sq. ft.
  • Development Level: Built
  • Year Built: 2019

Description

Wendy’s Absolute NNN Lease 3796 N Hwy 81, Duncan, OK Cap Rate 5.65%

Cap Rate: 5.65%
NOI: $134,880
Building Size: 2,319 sqft
Lease Type: Absolute Net
Year Built: 2019

DESCRIPTION
The subject property is a new construction 2,319 SF Wendy’s located in Duncan, OK. The site is operating on a new 20 year lease with 10% increases every 5 years. This is an absolute NNN lease with zero landlord responsibilities. The site is strategically located in the retail corridor on Highway 81 which sees over 23,000 VPD and has a trade area population of 44,581. The site benefits from multiple surrounding retailers including Walmart, McDonald’s, Arby’s, Tractor Supply, Ross, Sonic, Applebee’s and many more. Wendy’s is the 3rd largest quick service hamburger company with nearly 6,500 locations across 29 countries worldwide.

HIGHLIGHTS
• Long Term Absolute NNN Lease
• New Construction
• Zero Landlord Obligations
• 10% Increases in Rent
• Located in a Major Retail Trade Area
• Strong Operator

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

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Information is deemed to be correct but not guaranteed.