Wendy’s | Mount Washington, KY
Sands Investment Group is Pleased to Present Exclusively For Sale the Recently Constructed Wendy’s Absolute NNN Asset Located in Mount Washington, Kentucky (Louisville MSA). The Site Features Recent 2021 Construction and Boasts a Long-Term Absolute Triple Net (NNN) Lease With 17.5 Years Remaining, and 10% Rent Increases Every Five (5) Years. A 10% Rent Increase Will Take Place in Approximately 2± Years, Increasing an Investors Yield. The Asset is Situated at the Intersection of the Two Busiest Thoroughfares in the Market.
- Absolute Triple Net (NNN) Lease, Single Tenant Asset Located on a Generous 1.08 Acre Parcel With Plentiful Parking, Pylon Signage and a Drive-Thru
- Featuring ±17.5 Years Remaining on the Current Term and 10.00% Rental Increases Every 5 Years, Including an Increase in 2± Years That Will Increase the Base Rent to $146,015 Annually
- Strong Sales Well Above Wendy’s Average Unit Volume (Please Reach Out For Details)
- Exposure to Over 37,600 VPD at the Corner of Highway 44 and Highway 150, the Area’s Busiest Intersection
- Wendy’s (Nasdaq: WEN) Has Over 6,400 Locations Worldwide With Plans to Expand to 8,000 – 8,500 By the End of 2025
- Experienced Franchisee With 60+ Units and Decades of Combined Experience With the Wendy’s Brand
- Brand New Construction Immediately Surrounds the Site Including Caliber Collision, Zaxby’s and The Car Wash Company; Additional Surrounding Retailers Include Kroger, Walgreen’s, Tractor Supply, O’Reilly Auto Parts and McDonald’s, Among Many Others
- Located Just 20 Minutes From Louisville, KY, Mount Washington Has Experienced Tremendous Population Growth Exceeding 108%, Since 2010
In Cooperation With ParaSell, Inc. , A Licensed Kentucky Broker – Lic. #260997 BoR: Scott Reid – Lic. KY #260934
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