1015 N Green St
Morganton, NC 28655
Wendy's | 18yrs Abs NNN | Walmart Outparcel · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 17 Years of Term Remaining | Experienced Franchisee (100+ Wendy’s Units) | Rare Annual Rental Increases | Relocation Store
- Located Along a Primary Thoroughfare | Excellent Visibility And Access | Drive-Thru Equipped
- Absolute NNN Lease | Fee Simple Ownership | Zero Landlord Responsibilities
- Outparcel to Walmart Neighborhood Market | Nearby National/Credit Tenants
PROPERTY FACTS
AMENITIES
- Freeway Visibility
- Restaurant
- Drive Thru
ABOUT 1015 N GREEN ST , MORGANTON, NC 28655
The subject site is ideally located along N. Green Street/State Highway 181 (19,000 VPD), a primary thoroughfare traveling through the city of Morganton. This Wendy’s is a relocation store, moving from their old location which was across the street as a pad to a Food Lion and Goodwill anchored plaza, demonstrating their continued commitment to the area. The asset has excellent visibility and is strategically positioned as an outparcel to a 24-hour Walmart Neighborhood Market, promoting crossover traffic to the site. Further, the property is surrounded by other nearby national/credit tenants including a Walmart Supercenter, TJ Maxx, Ross, Dick’s, Rite Aid, Tractor Supply Co., Dollar General, and more, further increasing consumer draw to the trade area. The 5-mile trade area is supported by a local population of over 33,000 residents with an average household income of $62,242.
PROPERTY TAXES
| Parcel Number | 17000 | Improvements Assessment | $2,234,984 |
| Land Assessment | $585,444 | Total Assessment | $2,820,428 |
