Absolute NNN
For Sale
$1,587,826
800 US-301, Wilson, NC 27893
Recently built Wendy’s on an absolute NNN lease with 13.5 years remaining and annual rent of $91,300.
Property Size1,925 SF
Lot Size0.82 Acres
Price / SF$824.84
Days on Market157
Property Features for 800 US-301
General Information
Standard status
Active
Size
1,925 SF
Lot size
0.82 Acres
Property subtype
Commercial
Lease Term
± 13.5 Years
Net Operating Income
$91,300
Additional Details
Cap Rate
5.75%
Building Details
Building Size
1,925 SF
Year Built
2018
Listed By:
Vincent Renna · License #02204860 (CA)
(949) 207-6396
Source:
Matthews
Added: Apr 2
Changed: Sep 4
Last Checked: Aug 1 at 2:05AM
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 Vincent Renna
Investment Insights
Based on property information with market context.
This recently built Wendy’s is offered on an absolute NNN basis. The property features a 1,925 SF restaurant building on 0.82 acres, with 13.5 years remaining on the lease term. Reported rent is $91,300 annually, with 10% rent bumps every 5 years. The offering is described as absolute NNN, with no landlord responsibilities.
Located at 800 US-301 in Wilson, NC 27893, the site is positioned at a signalized intersection.
Financial highlights provided in the remarks include a reported 5.75% cap rate and a listing price of $1,587,826.
Located at 800 US-301 in Wilson, NC 27893, the site is positioned at a signalized intersection.
Financial highlights provided in the remarks include a reported 5.75% cap rate and a listing price of $1,587,826.
Key Highlights
- Recently built Wendy’s with absolute NNN lease in Wilson, NC
- 13.5 years remaining on the lease; annual rent of $91,300
- Absolute NNN structure with no landlord responsibilities reported
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
51k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Shops & Services 31%
McDonald's
Dining
24,583 visits/mo
0.1 miles
Wendy's
Dining
10,799 visits/mo
0.1 miles
Speedway
Shops & Services
10,415 visits/mo
0.4 miles
Family Dollar
Shops & Services
5,625 visits/mo
0.1 miles
Demographics for 27893, NC
37,131
Population
18,383
Households
2
Avg Household Size
41
Median Age
15%
College-Educated
79%
High-School Grad
109.0 sq mi
ZIP Area
341
Density / Sq Mi
$40,180
Median Household Income
$31,197
Median Earnings
$894
Median Rent
$153,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Recently built Wendy’s on an absolute NNN lease with 13.5 years remaining and annual rent of $91,300.
Where is this conventional restaurant located?
The property is located at 800 US-301 Wilson, NC.
What is the asking price?
The asking price for this property is $1,587,826.
What are key features of this property?
This property features: Recently built Wendy’s with absolute NNN lease in Wilson, NC; 13.5 years remaining on the lease; annual rent of $91,300; Absolute NNN structure with no landlord responsibilities reported
