Freestanding Wendy's Absolute
2801 Hwy 78 E Jasper, AL 35501
2801 Hwy 78 E, Jasper, AL, 35501
$3,250,000
For Sale
$3,250,000
2016-built, highway-fronting Wendy’s with an Absolute NNN lease extending to March 2037.
Property Size3,500 SF
Lot Size0.90 Acres
Price / SF$928.57
Days on Market48
Property Features for 2801 Hwy 78 E
General Information
- Standard status
- Active
- Size
- 3,500 SF
- Lot size
- 0.90 Acres
- Property subtype
- Restaurant
Listing Agency
Marcus & Millichap | Birmingham
(205) 510-9200
Listed by
Eddie Greenhalgh · License #License(s) AL: 0000882980
(205) 510-9200
Source
Marcusmillichap
Added: Jun 1 Checked: Jul 17 at 10:54 am
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 | Birmingham
Investment Insights
Based on property information with market context.
Freestanding Wendy’s constructed in 2016 sits on a 0.90-acre parcel and offers a 3,500-square-foot building. The property is leased under an Absolute NNN structure, with zero landlord maintenance or expense responsibilities. The lease commenced in 2017 and is set to expire in March of 2037, leaving nearly 11 years remaining at sale. Rent bumps are scheduled at 7.50% every five years, with the next increase set for March of 2027.
The restaurant is located along Highway 78 with excellent frontage and visibility, where more than 25,000 vehicles per day pass that portion of the highway. The surrounding area features a dense retail corridor with national retailers including Home Depot, Walmart, Food City, Starbucks, and Whataburger, supporting steady customer draw. Jasper, Alabama serves as the county seat of Walker County and functions as the primary commercial and service hub for northwest Alabama. The broader trade area is supported by regional connectivity via Interstate 22 and U.S. Highway 78.
This asset is well suited for investors seeking a long-term, single-tenant Absolute NNN investment anchored by a nationally recognized operator. The remaining lease duration and scheduled rent growth provide a structured income profile, while the property’s highway visibility and retail-adjacent setting support continued demand for quick-service dining.
The restaurant is located along Highway 78 with excellent frontage and visibility, where more than 25,000 vehicles per day pass that portion of the highway. The surrounding area features a dense retail corridor with national retailers including Home Depot, Walmart, Food City, Starbucks, and Whataburger, supporting steady customer draw. Jasper, Alabama serves as the county seat of Walker County and functions as the primary commercial and service hub for northwest Alabama. The broader trade area is supported by regional connectivity via Interstate 22 and U.S. Highway 78.
This asset is well suited for investors seeking a long-term, single-tenant Absolute NNN investment anchored by a nationally recognized operator. The remaining lease duration and scheduled rent growth provide a structured income profile, while the property’s highway visibility and retail-adjacent setting support continued demand for quick-service dining.
Key Highlights
- 3,500 SF Wendy’s built in 2016 on a 0.90‑acre parcel with Highway 78 frontage
- Absolute NNN lease (zero landlord maintenance or expense responsibilities)
- Lease term runs from 2017 with expiration in March 2037, leaving nearly 11 years remaining
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wendy's
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - 2016-built, highway-fronting Wendy’s with an Absolute NNN lease extending to March 2037.
Where is this conventional restaurant located?
The property is located at 2801 Hwy 78 E Jasper, AL.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: 3,500 SF Wendy’s built in 2016 on a 0.90‑acre parcel with Highway 78 frontage; Absolute NNN lease (zero landlord maintenance or expense responsibilities); Lease term runs from 2017 with expiration in March 2037, leaving nearly 11 years remaining
