Wendy’s has 14+ years remaining on an initial 20-year Absolute NNN lease with 7% rental escalations every 5 years and four 5-year renewal options. The tenant, Wendhunt Corp. is an experienced three-unit Wendy’s franchisee. The subject location has been successfully open and operating for decades with an attractive 6.90% rent-to-sales ratio!
Wendy’s is locate in Huntingdon, TN just off the hard corner of East Main Street and Buena Vista Road with excellent drive by visibility. This asset is a pad site to Tractor Supply Co., & Dollar General and nearby retailers include Walmart Supercenter, Dollar Tree, Save-A-Lot, Advance Auto Parts NAPA Auto Parts, etc. Wendy’s is located just 2.5 miles from Baptist Memorial Hospital (70 beds).
*In Association with Tennessee Local Broker: Terry Lynch, #15798