Property summary
This exceptional investment opportunity presents a fee-simple ownership of a Wendy's fast-food restaurant located at 2710 S Main St, High Point, NC 27263. The property boasts a 4,206 square-foot building constructed in 2008 on a 1.13-acre lot. Currently operating under a 20-year absolute NNN lease with a franchisee tenant, the lease commenced on July 13, 2014, and expires on July 12, 2034, leaving approximately 9.6 years remaining. The lease includes attractive 10% rent increases every five… years, ensuring consistent income growth. The property enjoys a 100% occupancy rate since its opening date, July 13, 2014, generating a substantial net operating income (NOI) of $96,800, representing a 5.75% cap rate on the asking price of $1,683,478 ($400.26 per square foot). The property benefits from its prime location on a major retail corridor, experiencing high daily traffic exceeding 21,717 vehicles. Its proximity to a Walmart and numerous apartment complexes, new home developments, and educational institutions further enhances its value and potential for long-term growth. The surrounding area boasts a strong demographic profile, with over 93,652 residents in the immediate trade area and an average household income exceeding $64,039. The lease includes four five-year renewal options. This is a rare opportunity to acquire a well-established, high-performing Wendy's location with a secure, long-term lease and significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 161,377 SF
- Lot area
- 16.36 ac
- Year built
- 1991
- Stories
- 1
- APN
- 197798
- Zoning
- CU-SC
- Assessed value · 2023
- $15,505,300
- Annual tax · 2023
- $175,930
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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