2933 83
Palmview, TX 78572
Wendy's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Wendy’s is scheduled to open in July 2023 and the 20-year Absolute NNN Lease will commence upon closing
- Wendy’s reaches a potential customer base of 130,000+ people living within a 5-mile radius, as the closest Wendy’s is located 6.5 miles away
- With construction scheduled to complete in July 2023, the Property provides investors with the opportunity to acquire a Class A asset
- The lease features attractive 10% rental increases every 5 years throughout the initial term and in each of (4) 5-year renewal options
- Located on a hard corner at a signalized intersection, the Property has direct access and exposure to nearly 106,000 vehicles per day
- Top Performing Location - Call Agent for Details
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,325 SF
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.07 AC
PROPERTY TAXES
| Parcel Number | S5800-00-000-0016-03 | Improvements Assessment | $94,044 |
| Land Assessment | $300,956 | Total Assessment | $395,000 |
