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1020 Mineral Wells Ave
Paris, TN 38242
Wendy’s: 14 Yrs Remain on NNN Lse · Retail Property For Sale
PROPERTY FACTS
ABOUT 1020 MINERAL WELLS AVE , PARIS, TN 38242
Wendy’s has 14+ years remaining on an initial 20-year Absolute NNN lease with 7% rental escalations every 5 years and four 5-year renewal options. The tenant, Pattman, LLC is an experience Wendy’s franchisee that owns and operates 45 locations. The subject location has been successfully open and operating for decades with a 9.9% rent to sales ratio! Wendy’s is located in Paris, Tennessee on a large 1.10 acre lot with high drive by visibility from Mineral Wells Avenu. Nearby retailers include: Burke’s Outlet, Dollar Tree, Kroger, Walmart Supercenter, Lowe’s Home Improvement, Save-A-Lot, Walgreens, CVS Pharmacy, Advance Auto Parts, NAPA Auto Parts, AutoZone, Dollar General, Hibbett Sports, Peebles, CATO, Sears Hometown Store, Tractor Supply Co., etc. Wendy’s is also less than 1 mile from Henry County Medical Center (142 beds). *In Association with Tennessee Local Broker: Terry Lynch, Southland Realty Corp #15798
PROPERTY TAXES
| Parcel Number | 106J-B-010.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $306,040 |
PROPERTY TAXES
