2456 Mtn City Hwy Elko, NV 89801-2409
Property profile & analytics
2456 Mtn City Hwy Elko, NV 89801-2409
- Drive through restaurants
- 2,180 SF
- 0.43 lot acres
Property ID
US62-0932315
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Wendy's / Restaurant
Property Details for 2456 Mtn City Hwy
- Year built
- 2020
- Construction
- METAL FRAME
- Lot size
- 0.43 lot acres
- Property size
- 2,180 SF
- Zone code
- ZC
- Property type
- Drive through restaurants
- APN
- 001-660-140
- APU
- 1660140
Description
This exceptional investment opportunity presents a 2,180-square-foot Wendy's restaurant located at 2456 Mountain City Hwy, Elko, NV 89801. Built in 2020, this Class A property boasts a prime location on a prominent commercial corridor with high visibility and traffic counts, situated alongside established businesses such as McDonald's, Starbucks, and Pizza Hut. The property features a drive-thru and sits on a 0.427-acre lot, zoned C. The single-tenant building is leased under an absolute NNN lease to a strong credit franchisee with 37 years of experience, operating four Wendy's locations. The 20-year lease includes four five-year options and features a 10% rent increase every five years. The asking price is $3,130,921, representing a 5.75% cap rate and a NOI of $180,028. The price per square foot is $1,436.20. This is a rare opportunity to acquire a well-established, high-performing Wendy's franchise in a thriving market. The property's strong tenant, favorable lease terms, and prime location make it an ideal investment for discerning buyers seeking stable, long-term returns. The APN is 001660140.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Elko
- County
- Elko
- State
- Nevada
- Longitude
- -115.789
- Latitude
- 40.8372
- CBSA code
- 21220
- CBSA name
- ELKO, NV MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,987
$37,362
$309,573
$346,935
-
$106,749
$884,494
$991,243
