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7631 Southtown Xing
Fort Wayne, IN 46816 South Fort Wayne

$1,500,000 USD

Fast Food For Sale  •  2,747 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,747 SF
  • Lot Size 1.05 AC
  • Building Class B
  • Year Built 2007
  • Tenancy Single
30 Transit Score
40 Walk Score

Highlights

Absolute NNN lease with 9.9 years remaining and 10% rent increases every 5 years.
Corporate Wendy’s lease provides secure, passive income for investors.
Prime outparcel location to Menards and Walmart with strong traffic counts.
Annual rent of $117,701.54 and a 7.85% cap rate at list price.
Surrounded by national retailers and new development in Fort Wayne.
±2,747 SF building on a ±1.05-acre lot built in 2007.

Amenities

  • Pylon Sign
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Fort Wayne International 17 min - 7.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 42
Type: Surface
Included in Rent: Yes
Vincent Renna 949-207-6396 Matthews Real Estate Investment Services
Vincent Renna 949-207-6396 Matthews Real Estate Investment Services