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- LoopNet Team
531 W 4th St
Benson, AZ 85602
Wendy's - Arizona (Drone Video) · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
ABOUT 531 W 4TH ST , BENSON, AZ 85602
Absolute triple net (zero landlord responsibilities) Wendy's for Sale in Benson, AZ. 14.5 years remain on the primary term of the lease, with 3 x 5 year options to follow. The current rental rate is $94,000, with set rental rate increases of 7.5% every 5 years. The lease will be guaranteed by Triwest Restaurants, a longtime Wendy's operator (since 1974), which includes 17 locations. This location's financial performance is above average with a rent to sales ratio of only 6.3%. The location is excellent and the business pulls customers from both the surrounding areas as well as highway traveler traffic along nearby Interstate 10. The Wendy's occupies a pad site in front of a Safeway anchored shopping center. Other local national tenants include Walmart, Tractor Supply, and Dollar General. This Wendy's has been in continuous operation for over 20 years.
PROPERTY TAXES
| Parcel Number | 123-20-003E | Improvements Assessment | $134,238 |
| Land Assessment | $15,755 | Total Assessment | $149,993 |
PROPERTY TAXES
