Wendy's 1330 S Main St

Investment Highlights

Brand New 20-Year Sale-Leaseback Attractive Rental Increases | Lesser of Change in CPI or One and a Half Percent (1.50%) Annually Triple Net (NNN) Lease with Zero Landlord Responsibilities

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Wendy?s located at 1330 South Main Street, Sikeston, MO. The site consists of roughly 2,046 rentable square feet of building space on estimated 0.72-acre parcel of land. This Wendy?s is subject to a 20-year absolute triple-net (NNN) lease, which commences upon Close of Escrow. The annual rent will be $150,000 and is scheduled to increase by the Lesser of Change in CPI or 1.50% Annually throughout the base term and in each of the Six (6), Five (5)-Year Renewal Options.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    2,046
• Year Built    2024
• Price    2,727,273
• Price Per SF    1,333
• Cap Rate    5.50
• NOI    150,000
• Percent Leased    100
• Building Height    1 Story
• Building FAR    0.07
• Land Acres    0.72 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.