Wendy’s

Loganville, Georgia

NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 260 Cooper Road in Loganville, GA. The site consists of roughly 2,772 rentable square feet of building space on estimated 0.98-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.

About the Investment:

✓ Brand New 20-Year Sale-Leaseback
✓ Brand New Renovations Expected to be Completed April 2024!
✓ 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

Key Details

Price:: $2,727,273
Cap Rate:: 5.50%
Annual Rent:: $150,000
Address:: 260 Cooper Rd, Loganville, Georgia 30052
Property Type:: Net Leased Restaurant
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:: +/- 0.98 Acres
Building Size:: 2,772 SF
Year Built:: 2003
Year Renovated:: 2024
Tenant:: Wendy’s

Talk to the pros

Glen Kunofsky

gkunofsky@nnnpro.com

License: 49KU1129178

Ryan Sblendorio

rsblendorio@nnnpro.com

License: 10401309105

Kyle Karsian

kkarsian@nnnpro.com

License: 10401321452

Amelia Haydock

ahaydock@nnnpro.com

License: 10401334976

Andrew Darby

adarby@nnnpro.com

Broker of record

Brian Brockman

Bang Realty-Georgia, Inc

License: 378952

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