Wendy’s
Troy, Ohio
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NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 825 W Main St in Troy, OH. The site consists of roughly 2,411 rentable square feet of building space on estimated 0.59-acre parcel of land. This Wendy’s is subject to a 20-year absolute triple-net (NNN) lease, which commenced December 17th, 2012. The current annual rent is $129,214 and is scheduled to increase by 6% every 5 years throughout the base term and in each of the 2, 5-year renewal options.
Long-Term, 20-Year Absolute Triple Net (NNN) Lease
Approximately 9.9 Years Remaining
Six Percent (6%) Rental Increases Occurring Every Five (5) Years
Two (2), Five (5)-Year Tenant Renewal Options