Net Lease Quick Service
75 Tower Rd Oxford, AL 36203
75 Tower Rd, Oxford, AL, 36203
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For Sale
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Single-tenant net lease property leased to Wendy’s with a 20-year term and periodic rent increases.
Days on Market103
Property Features for 75 Tower Rd
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
Forged Real Estate
(610) 608-2621
Listed by
Stephen Schrenk · License #NJ
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 2:36AM Checked: Jul 21 at 6:10AM
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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.
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
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
Similar Off Market Nearby
- Yoki Buffet — 700 S Quintard Ave Ste. A1, Oxford, AL 36203
FAQs
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