Wendy's Bellefontaine 700 S Main St

Investment Highlights

12-Years remaining on lease ; Four (4) tenant renewal options - five (5) year terms Property located on busy corridor surrounded by national brand tenants Tenant (Better Food Systems, Inc.) has operated at this location for 40+ years; Historical sales above system average Directly across the street from the Logan County Fairgrounds; 16,000+ VPD in front of the property

Executive Summary

Wendy's in Bellefontaine presents a prime commercial opportunity with a long-term lease of 12 years and a tenant boasting over 40 years of successful operation at this location. The property's historical sales consistently surpass the system average, further enhancing its appeal. Additionally, with four tenant renewal options available, each spanning five-year terms, the investment promises stability and potential for extended income. Strategically positioned along a busy corridor amidst national brand tenants and conveniently located just 4.2 miles from Bellefontaine Regional Airport, the property enjoys high visibility and accessibility. Moreover, its proximity to the Logan County Fairgrounds and a daily traffic volume of over 16,000 vehicles position it as an attractive asset in Bellefontaine's commercial landscape.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Fast Food
• Building Size    2,036
• Building Class    C
• Year Built    1976
• Price    2,123,894
• Price Per SF    1,043
• Cap Rate    5.65
• NOI    120,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.07
• Land Acres    0.64 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.