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117 Tobacco Dr
Wallace, NC 28466

$2,742,000 USD

Fast Food For Sale  •  2,380 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,380 SF
  • Lot Size 1 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 5.90 %
  • Tenancy Single
0 Transit Score
36 Walk Score

Highlights

20-year absolute net lease – no landlord responsibility
Operator is large franchisee – 127 units
Property has 2.75 EBITDAR Coverage YTD through August 2024
Cap Rate: 5.90 %

Major Tenants

Tenant SF Occupied Lease End Date
Wendy's

Public Transportation

AirportDriveWalkDistance
Albert J Ellis 42 min - 25.9 mi
Wilmington International 53 min - 38.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Michael Morgret 312-600-6368 Vestian
Michael Morgret 312-600-6368 Vestian