Wendy’s

Vandalia, Ohio

Offering Summary

  • Status: active
  • Price: $2,057,000
  • CAP Rate: 6.25%
  • Term: 5 Years
  • Net Operating Income: $128,578
  • Price/SF: $804.46
  • Year(s) Built: 1986
  • Year(s) Renovated: 2014
  • Lot Size (Acres): 0.772
  • Lease Type: Absolute NNN
  • Abs. NNN Wendy’s with Approx. 5 Years Remaining on Lease
  • 1.75% Annual Rent Increases in Base Term and in Each of the 2, 10-Year Options
  • Lease Guaranteed by MUY! Hamburger Partners; Subsidy of MUY Companies, 8th Largest Franchise Group in Country
  • Store Recently Remodeled and Upgraded to Higher Quality Exterior Materials
  • Strong Store Sales Reflective of Attractive 7% Rent-to-Sales Ratio
  • Proven Location with Tenant in Operation for 15+ Years
  • Situated on National Road (Route 40) at Intersection with Interstate 75; 94,818 Combined Vehicles Per Day
  • 2 Miles from Dayton International Airport – 892,414 Passengers (2019), Third Busiest Airport in Ohio
  • Location Serves Vandalia, Established and Growing Suburb of Dayton; 70,915 Residents Within 5 Miles and AHHI of $79,105
EXCLUSIVELY LISTED BY:

Erin Patton

Senior Managing Director