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    903 New Highway 68 Sweetwater, TN 37874

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    For Sale
    $2,545,454

    New construction Wendy's with drive-thru in Sweetwater, Tennessee.

    Property size:
    2,243 SF
    Lot size:
    1.10 Acres

    Property Features for 903 New Highway 68

    General Information

    Size
    2,243 SF
    Lot size
    1.10 Acres

    Source: Marcus & Millichap | Miami Agent Ronnie Issenberg

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Wendy's Restaurant For Sale

    This is a newly constructed Wendy's restaurant, completed in 2023, featuring a drive-thru. The property is located at 903 New Highway 68 in Sweetwater, Tennessee, a city with a population of 6,312. The Wendy's Company is the world's third-largest quick-service hamburger company, with 6,500 restaurants and over $2.06+ billion in annual sales. The property is suitable for drive-through restaurants, restaurants, retail, NNN, and specialty purposes. The building size is 2,243 square feet. The lease is an absolute NNN lease with no landlord responsibilities, spanning 20 years. The lease includes attractive 7.5% rent increases every 5 years. The operators are strong with 90+ units.
    Location Intelligence

    Current Use by Public Records

    BB&T Bank ATM (BB&T) Atm Wendy's Fast Food Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sweetwater
    County
    Monroe
    State
    Tennessee
    Longitude
    -84.473142
    Latitude
    35.59012

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    FAQs

    What type of property is this?
    Drive through restaurant - New construction Wendy's with drive-thru in Sweetwater, Tennessee.
    Where is this drive through restaurant located?
    The property is located at 903 New Highway 68 Sweetwater, TN.
    What is the asking price?
    The asking price for this property is $2,545,454.
    What are key features of this property?
    This property features: - Brand new 2023 construction Wendy's restaurant with drive-thru; - 20 year absolute NNN lease | no landlord responsibilities; - Attractive 7.5% rent increases every 5 years
    (786) 522-7000
    Request Owner's contact information
    903 New Highway 68 Sweetwater, TN 37874
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    Sweetwater, TN 37874
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    903 New Highway 68 Sweetwater, TN 37874
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