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Wendy’s

Sikeston, Missouri

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NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 1330 South Main Street, Sikeston, MO. The site consists of roughly 2,046 rentable square feet of building space on estimated 0.72-acre parcel of land. This Wendy’s is subject to a 20-year absolute triple-net (NNN) lease, which commences upon Close of Escrow. The annual rent will be $150,000 and is scheduled to increase by the Lesser of Change in CPI or 1.50% Annually throughout the base term and in each of the Six (6), Five (5)-Year Renewal Options.

✓ Brand New 20-Year Sale-Leaseback
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases | Lesser of Change in CPI or One and a Half Percent (1.50%) Annually
✓ Six (6) Tenant Renewal Periods of Five (5) Years Each
✓ Brand New Construction! | Expected Opening in June 2024

Key Details

Price:
$2,727,273
Cap Rate:
5.50%
Annual Rent:
$150,000
Address:
1330 South Main Street, Sikeston, Missouri 63801
Property Type:
Restaurant - Quick Service
Lease Type:
Triple Net (NNN)

Original Lease Term:
20 Years
Lease Commencement:
Close of Escrow
Lease Expiration:
20 Years from Close of Escrow
Lease Term Remaining:
20 Years
Rental Increases:
Lesser of Change in CPI or 1.50% Annually
Lot Size:
0.72 Acres
Building Size:
2 SF
Year Built:
2024
Tenant:
Wendy’s

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Ryan Sblendorio

License: 10401309105

Kyle Karsian

License: 10401321452

Amelia Haydock

License: 10401334976

Andrew Darby

Broker of record

Brian Brockman

Bang Realty-Missouri, Inc

License: 2017032771


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