Absolute NNN Wendy's
For Sale
Contact for pricing
3500 West Gate City Boulevard, Greensboro, NC 27407
Absolute NNN Wendy’s is leased through Nov. 2034 to Schmidt Family Restaurant Group.
Property Size2,979 SF
Price / SF$502.18
Days on Market52
Property Features for 3500 West Gate City Boulevard
General Information
Standard status
Active
Size
2,979 SF
Class
B
Total Parking Spaces
59
Property subtype
Retail
Zoning
Commercial zoning (HB),
Occupancy
100%
Lease Type
NNN
Net Operating Income
$82,280
Site & Location
Traffic Count
28,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
1976
Year Renovated
2016
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
CBRE - Orange County
Listed By:
Arthur Flores · License #CA 01423821
(949) 725-8625
Source:
Crexi
Added: Jul 22
Changed: Sep 2
Last Checked: Sep 11 at 8:13AM
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 CBRE - Orange County
Investment Insights
Based on property information with market context.
This is an absolute NNN Wendy’s investment property leased through Nov. 2034 to Schmidt Family Restaurant Group, a multi-location operator with 80+ locations. The asset is being presented as an absolute NNN structure in the current offering.
The property is located in Greensboro, NC near Four Seasons Town Centre, with the public remarks citing approximately 28,000+ vehicles per day on Gate City Boulevard and 110,000+ vehicles per day on I-40. The offering materials also note that the rent is below-market, suggesting long-term upside per the seller’s positioning.
The lease provides tenant-backed occupancy through the stated term, offering investors a clear horizon tied to the lease expiration in November 2034.
The property is located in Greensboro, NC near Four Seasons Town Centre, with the public remarks citing approximately 28,000+ vehicles per day on Gate City Boulevard and 110,000+ vehicles per day on I-40. The offering materials also note that the rent is below-market, suggesting long-term upside per the seller’s positioning.
The lease provides tenant-backed occupancy through the stated term, offering investors a clear horizon tied to the lease expiration in November 2034.
Key Highlights
- Absolute NNN Wendy’s leased through Nov. 2034 to Schmidt Family Restaurant Group
- Year built: 1976
- Located near Four Seasons Town Centre on Gate City Blvd. with 28,000+ VPD
Property Analytics
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Open Analytics
Current Use
Lease Details
28,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 27407, NC
49,803
Population
23,861
Households
2.1
Avg Household Size
35
Median Age
35%
College-Educated
88%
High-School Grad
29.4 sq mi
ZIP Area
1,694
Density / Sq Mi
$59,308
Median Household Income
$35,819
Median Earnings
$1,113
Median Rent
$203,800
Median Home Value
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Market
Vacancy Rate% for Retail in Greensboro, NC
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Absolute NNN Wendy’s is leased through Nov. 2034 to Schmidt Family Restaurant Group.
Where is this conventional restaurant located?
The property is located at 3500 West Gate City Boulevard Greensboro, NC.
What is the asking price?
The asking price for this property is $1,496,000.
What are key features of this property?
This property features: Absolute NNN Wendy’s leased through Nov. 2034 to Schmidt Family Restaurant Group; Year built: 1976; Located near Four Seasons Town Centre on Gate City Blvd. with 28,000+ VPD
