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2045 Village Dr
Leeds, AL 35094
Wendy’s (Birmingham, AL MSA) · Retail Property For Sale
Investment Highlights
- Brand New, Long-Term, Triple Net (NNN) Sale Leaseback with Full Term Remaining
- Building Renovations Completed in 2021 (see page 7 of offering memorandum for all upgrades)
- 7.5 Percent Rent Increases Every Five Years Throughout Base Term and Option Periods
- Lease Expiration is 20 Years from Close of Escrow
- Lease is Guaranteed by Starboard Group of Alabama and Includes 11 Units
- Available Separately or as Part of a Three-Property Portfolio
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,476 SF
Building Class
B
Year Built
1993
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.89 AC
Zoning
None
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 26-02-10-0-001-016.008 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $233,220 |
Property Taxes
Parcel Number
26-02-10-0-001-016.008
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$233,220
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