Wendy's| $2,391,304| 5.75% CAP
» 14‑YEAR ABS‑NET LEASE | ZERO LANDLORD RESPONSIBILITIES
Brand-New 2018 Build With A Full Absolute Net (NNN) Structure; Tenant (Schmidt Family Restaurant Group) Is Fully Responsible For Taxes, Insurance, Maintenance, Roof, And Structure.
» 10% RENT BUMPS EVERY 5 YEARS + FOUR 5‑YEAR RENEWAL OPTIONS
Contractual Escalations Ensure 10% Increases At Each 5‑Year Interval During The Primary Term, With Four Additional 5‑Year Options Extending Potential Term To 40 Years.
» MODERN PROTOTYPE | HIGH VISIBILITY / DRIVE‑THRU FORMAT
3,500 SF Building On A 42,253 SF Lot, Featuring Modern Wendy’s Prototype Design, Strong Frontage, And Dual Drive‑Thru Lanes To Support High Throughput.
» DOMINANT RETAIL NODE IN HIGH POINT / TRIAD REGION
Situated Along Main Street / N. Main Corridor In High Point, Directly Benefiting From Area Retail Gravity And Traffic Flows.
» STRONG POPULATION BASE & REGIONAL COVERAGE
Within 3 Miles, Population Exceeds ~61,500 (2024 Est.), Supporting Dense Customer Base. (Your Data: 3‑Mile Pop 61,544)
» PROXIMITY TO GROWING RESIDENTIAL CORRIDORS & COMMERCIAL SPINE
The Site Aligns With Long‑Term Densification Trends In The High Point / Greensboro / Winston‑Salem Trade Area, Benefiting From Strong Regional Connectivity.
» CREDIBLE FRANCHISE OPERATOR WITH LONG TRACK RECORD
Tenant Is Operated By Schmidt Family Restaurant Group, A Multi‑State Franchisee With Decades Of Experience And Strong Operational Standing.
