200 Village Center Drive Chapel Hill, NC 27516

Building Details

Year Built

2024

Listing office JLL Chicago | Americas Headquarters

Listing date Jul 8, 2026

Source Crexi

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 JLL Chicago | Americas Headquarters

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Investment Insights

Based on property information with market context.

JLL is pleased to offer the opportunity to acquire a single-tenant Wendy’s operating on an absolute NNN ground lease. The lease has approximately 18.2 years of primary term remaining, with 10% rent escalations every five years and three, five-year options.

The property is located at 200 Village Center Drive in Chapel Hill, North Carolina.

This is a dedicated, single-tenant restaurant asset structured as an absolute NNN ground lease, offering a defined primary term and scheduled rent increases under the existing lease terms.

Key Highlights

• Single‑tenant Wendy’s at 200 Village Center Drive, Chapel Hill, NC (absolute NNN ground lease)
• 2024 year built
• Absolute NNN ground lease has 18.2 years of primary term remaining

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FAQs

What type of property is this?

NNN property - Absolute NNN Wendy’s ground lease with 18.2 years remaining and 10% rent escalations every five years.

Where is this nnn property located?

The property is located at 200 Village Center Drive Chapel Hill, NC.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: Single‑tenant Wendy’s at 200 Village Center Drive, Chapel Hill, NC (absolute NNN ground lease); 2024 year built; Absolute NNN ground lease has 18.2 years of primary term remaining