Drive-Through Restaurant
1071 Cosby Hwy Newport, TN 37821
1071 Cosby Hwy, Newport, TN, 37821
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For Sale
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Freestanding Wendy’s restaurant with a drive-thru window and ample parking on a nearly acre corner parcel.
Property Size2,639 SF
Lot Size0.97 Acres
Days on Market102
Property Features for 1071 Cosby Hwy
General Information
- Standard status
- Active
- Size
- 2,639 SF
- Lot size
- 0.97 Acres
- Property subtype
- Retail
Listing agency
Marcus & Millichap - Miami
(786) 522-7017
Listed by
Ricardo Esteves · License #FL SL-3402581
Source
Crexi
Added: Apr 12 Updated: Jul 22 at 9:45AM Checked: Jul 22 at 9:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Miami
Investment Insights
Based on property information with market context.
The property is a freestanding Wendy’s restaurant offering a drive-thru window and ample parking. The building totals 2,639 square feet and sits on a 0.97-acre parcel. Completed in 2016, the property underwent a Full Image Activation Remodel.
Located at the corner of a signalized intersection at 1071 Cosby Hwy in Newport, Tennessee, the site is described as having visibility and daily traffic counts in excess of 20,000 vehicles per day. The tenant is an international fast food restaurant chain, and the offering is structured as an absolute NNN lease.
Wendy’s entered into a 20-year absolute NNN lease in 2016, with 14+ years of term remaining. The lease includes rare and attractive 12% rent increases every five years, including the two five-year option periods.
Located at the corner of a signalized intersection at 1071 Cosby Hwy in Newport, Tennessee, the site is described as having visibility and daily traffic counts in excess of 20,000 vehicles per day. The tenant is an international fast food restaurant chain, and the offering is structured as an absolute NNN lease.
Wendy’s entered into a 20-year absolute NNN lease in 2016, with 14+ years of term remaining. The lease includes rare and attractive 12% rent increases every five years, including the two five-year option periods.
Key Highlights
- Absolute NNN Wendy’s: 2,639 SF freestanding restaurant with a drive‑thru window and ample parking
- Nearly 1‑acre (.97‑acre) parcel at the corner of a signalized intersection
- Drive‑thru and restaurant site on a high‑traffic corridor with daily counts in excess of 20,000 vehicles per day
Property Analytics
Location Intelligence
Current Use by Public Records
Wendy's
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Freestanding Wendy’s restaurant with a drive-thru window and ample parking on a nearly acre corner parcel.
Where is this drive through restaurant located?
The property is located at 1071 Cosby Hwy Newport, TN.
What are key features of this property?
This property features: Absolute NNN Wendy’s: 2,639 SF freestanding restaurant with a drive‑thru window and ample parking; Nearly 1‑acre (.97‑acre) parcel at the corner of a signalized intersection; Drive‑thru and restaurant site on a high‑traffic corridor with daily counts in excess of 20,000 vehicles per day
