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2544 Decatur Pike
Athens, TN 37303
Wendy's · Retail Property For Sale
Investment Highlights
- 15+ Year Absolute NNN Lease | Zero Landlord Responsibilities | No State Income Tax
- Newly Remodeled Store | Image Activation Boosts Store Sales 10-15% On Average | Top Tier Performing Location
- 5th Largest Operator of Wendy's in the World. JAE Restaurant Group
- Rare 7.5% Rent Increases Every 5-years throughout entirety of lease | Primary Term & 3x5 Year Renewal Options
- Excellent Visibility & Traffic Counts | Strong Growth Market | Excellent Underlying Real Estate
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,567 SF
Building Class
B
Year Built/Renovated
1994/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.00 AC
Zoning
B-4
Parking
20 Spaces (5.61 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Drive Thru
About 2544 DECATUR PIKE , ATHENS, TN 37303
TD Commercial Group is pleased to present the exclusive listing for a Wendy’s located at 2544 Decatur Pike, Athens, TN 3750. The property consists of 3,567 square feet of building space and is situated on roughly 1.00 acres of land. 15+ years remain on the absolute triple net (NNN) with 3x5 Year Renewal Options. The lease will be subject to RARE very attractive 7.50% rental increases every 5-years. The increases will continue through the three, five-year tenant renewal option periods. Call Ted Dowding (858) 999-7431 for more Details
Property Taxes
| Parcel Number | 046-241.00 | Improvements Assessment | $215,320 |
| Land Assessment | $121,160 | Total Assessment | $336,480 |
Property Taxes
Parcel Number
046-241.00
Land Assessment
$121,160
Improvements Assessment
$215,320
Total Assessment
$336,480
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