New Fast-Food Restaurant
747 N Main St Ephraim, UT 84627
747 N Main St, Ephraim, UT, 84627
Contact for pricing
For Sale
Contact for pricing
Pending
Brand-new Wendy’s building completed Q3 2023 offered via 20-year absolute-net sale-leaseback.
Property Size2,553 SF
Lot Size1.00 Acre
Days on Market103
Property Features for 747 N Main St
General Information
- Standard status
- Pending
- Size
- 2,553 SF
- Lot size
- 1.00 Acre
- Property subtype
- Retail
Listing agency
Marcus & Millichap - Salt Lake City
(801) 736-2648
Listed by
Andrew Knudsen · License #UT 9115765-SA00
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 12:23AM Checked: Jul 22 at 12:23AM
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Investment Insights
Based on property information with market context.
Marcus & Millichap presents for sale the Wendy’s in Ephraim, Utah. The property features a brand-new building completed in Q3 of 2023, with 2,553 square feet of rentable space on one acre of land.
The site is an outparcel of Walmart on Main Street in Ephraim, supported by traffic counts of over 10,000 VPD. This offering is structured as a sale leaseback from the tenant, Barbarosa Foods.
The lease is a 20-year, absolute-net term with 5% rent increases every five years and three, five-year extensions. According to the tenant’s website, Barbarosa Foods, Ltd. is a branch of TETCO, Inc. A branch of TETCO, Inc., an investment and development company out of San Antonio, TX.
The site is an outparcel of Walmart on Main Street in Ephraim, supported by traffic counts of over 10,000 VPD. This offering is structured as a sale leaseback from the tenant, Barbarosa Foods.
The lease is a 20-year, absolute-net term with 5% rent increases every five years and three, five-year extensions. According to the tenant’s website, Barbarosa Foods, Ltd. is a branch of TETCO, Inc. A branch of TETCO, Inc., an investment and development company out of San Antonio, TX.
Key Highlights
- Brand‑new Wendy’s building completed Q3 2023
- 2,553 SF of rentable space on 1 acre outparcel along Main Street in Ephraim
- Located on a Walmart outparcel with traffic counts over 10,000 VPD
Property Analytics
Location Intelligence
Current Use by Public Records
Wendy's
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Brand-new Wendy’s building completed Q3 2023 offered via 20-year absolute-net sale-leaseback.
Where is this conventional restaurant located?
The property is located at 747 N Main St Ephraim, UT.
What are key features of this property?
This property features: Brand‑new Wendy’s building completed Q3 2023; 2,553 SF of rentable space on 1 acre outparcel along Main Street in Ephraim; Located on a Walmart outparcel with traffic counts over 10,000 VPD
