Wendy's 2801 Highway 78 E

Investment Highlights

Leased to Wendy?s on a 20-year absolute net-lease; zero landlord responsibilities Placed in high traffic corridor of Jasper with high traffic counts along US-78 East, which sees approximately 25,021 VPD Franchisee guarantee from 40+ unit operator Surrounded by national tenants including: The Home Depot, Walmart, ALDI, Winn-Dixie, Dollar Tree, Arby?s, Chick-fil-A, Applebee?s, Sonic, and more

Executive Summary

Quantum Real Estate Advisors, Inc. (?QREA?) has been retained to exclusively offer for sale a 3,500 square foot single-tenant retail building located at 2801 US-78 East, Jasper, AL. The free-standing restaurant is leased to Wendy?s and is on a 20-year absolute net lease, which commenced in March of 2017 and features (4) 5-year options with rental increases every 5 years. The building was originally constructed in 2016 and sits on approximately 0.90 acres of land. The property also features pylon signage, a drive-thru lane, and a surface parking lot with over 30 spaces.The site benefits from excellent visibility being located directly on the major east/west retail thoroughfare of US-78 East, which sees over 25,021 VPD. The asset is located in a middle-class area, with over 13,708 residents and an average household income of $67,400 within 5-miles of the site. Additionally, the site is located 0.5 miles from Walker Baptist Medical Center, a hospital featuring over 250 beds and 600 on-site professionals. Notable surrounding national tenants include: Home Depot, Walmart, ALDI, Winn-Dixie, Dollar Tree, Arby?s, Chick-fil-A, Applebee?s, Sonic, and more.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Fast Food
• Building Size    3,500
• Building Class    B
• LoopNet Rating    4 Star
• Year Built    2016
• Price    3,620,000
• Price Per SF    1,034
• Cap Rate    5.49
• NOI    198,875
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.09
• Land Acres    0.90 AC

• Drive Thru