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Wendy's 3779 E Main St 2,383 SF Retail Building Blytheville, AR 72315 $2,714,087 ($1,138.94/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Proximity to Walmart Supercenter
- Recent 2022 Construction
- Arkansas Northeastern College
- Robust Traffic Counts and Visibility
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Wendy's located at 3779 E Main St, Blytheville, AR 72315. The site consists of roughly 2,383 rentable square feet of building space on an estimated 0.79-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 6/15/2023. The current annual rent is $156,060 and has scheduled increases of lesser of 2.00% or 1x cpi annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,383 SF
Year Built
2022
Price
$2,714,087
Price Per SF
$1,138.94
Cap Rate
5.75%
NOI
$156,060
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.79 AC
Frontage
130’ on Highway 18
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 305-00214-646 | Improvements Assessment | $88,408 |
| Land Assessment | $14,850 | Total Assessment | $103,258 |
PROPERTY TAXES
Parcel Number
305-00214-646
Land Assessment
$14,850
Improvements Assessment
$88,408
Total Assessment
$103,258
CONTACTS
-
Glen Kunofsky -
Anthony Bird -
Rocco Driscoll -
Vincenzo Renda -
Christopher Marks -
Surmount
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Wendy's | 3779 E Main St
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