For Sale

Wendy’s | Jasper, AL

Asking Price: $3,620,000 | Cap Rate: 5.5%

  • Net Operating Income: $198,875
  • Weighted Avg. Lease Term (WALT): 12.8 Years
  • Lease Type: Absolute Net

Property Highlights

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