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Net Lease Quick Service Restaurant
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75 Tower Rd, Oxford, AL 36203

Single-tenant net lease property leased to Wendy’s with a 20-year term and periodic rent increases.

Days on Market112

Property Features for 75 Tower Rd

General Information

Standard status Active
Property subtype Retail

Site & Location

Traffic Count 170,000 vehicles/day
Highway Access Yes

Building Details

Tenancy Single
Listing Agency: Forged Real Estate
Listed By: Stephen Schrenk · License #NJ
Source: Crexi
Added: Apr 10 Changed: Jul 21 Last Checked: Jul 23 at 11:36AM

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 Forged Real Estate

Investment Insights

Based on property information with market context.

This is a single-tenant net lease quick service restaurant property offered as a fee simple interest. The site is leased to Wendy’s, and the tenant recently executed an amendment establishing a 20-year term. The NNN lease includes 6% rental increases every three years, continuing through two 10-year option periods.

The property is positioned adjacent to Interstate 20, a main corridor in the area with 8 traffic lanes and more than 170,000 VPD. It is also located less than a mile and a half from Quintard Mall, which includes anchor tenants such as JCPenney and Dillard’s, along with Amstar Cinemas and Sportsmania.

Key Highlights

  • Single‑tenant net lease property leased to Wendy’s with a 20‑year lease term
  • NNN lease includes 6% rental increases every 3 years through the initial term and two 10‑year option periods
  • Property is adjacent to Interstate 20, a corridor with more than 170,000 VPD and 8 traffic lanes

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Gym & Fitness Center Auto Parts Store Garden Center Locksmith Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

170,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby
330k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 39% Superstores 35% Dining 21% Home Improvements & Furnishings 2%
Walmart Superstores
116,321 visits/mo 0.3 miles
RaceTrac Shops & Services
44,698 visits/mo 0.2 miles
Circle K Shops & Services
27,304 visits/mo 0.2 miles
Murphy USA Shops & Services
23,773 visits/mo 0.2 miles
Dollar Tree Shops & Services
19,343 visits/mo 0.3 miles

Demographics for 36203, AL

19,460
Population
8,032
Households
2.4
Avg Household Size
40
Median Age
26%
College-Educated
86%
High-School Grad
39.4 sq mi
ZIP Area
494
Density / Sq Mi
$65,920
Median Household Income
$40,474
Median Earnings
$891
Median Rent
$166,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Yoki Buffet — 700 S Quintard Ave Ste. A1, Oxford, AL 36203

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Single-tenant net lease property leased to Wendy’s with a 20-year term and periodic rent increases.
Where is this conventional restaurant located?
The property is located at 75 Tower Rd Oxford, AL.
What are key features of this property?
This property features: Single‑tenant net lease property leased to Wendy’s with a 20‑year lease term; NNN lease includes 6% rental increases every 3 years through the initial term and two 10‑year option periods; Property is adjacent to Interstate 20, a corridor with more than 170,000 VPD and 8 traffic lanes
(610) 608-2621 Call to check price and availability
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