48 Highway 79 N | Magnolia, AR 71753
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- LoopNet Team
48 Highway 79 N
Magnolia, AR 71753
Wendy's · Retail Property For Sale
Investment Highlights
- Walmart Shadow – The subject property is adjacent to the only Walmart Supercenter in the city
- Absolute NNN Lease – The tenant is responsible for CAM, insurance, and taxes. No landlord responsibilities
- Top QSR Franchise – In QSR Magazine’s Top 50 List, Wendy’s ranked #5 in 2022 only behind McDonald’s, Starbucks, Chick-Fil-A, and Taco Bell
- Long-term Lease – The tenant leases the building until 2038 with 20 years worth of renewal options, offering investors a lengthy and passive investmen
- Rental Growth – This investment offers $5,000 rent increases every 5 years
- Continual Sales Growth – Per Wendy’s annual report, they achieved their 11th consecutive year of positive global same-restaurant sales growth
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,624 SF
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.89 AC
Zoning
RESTFF - County Use Code - RESTAURANT - FAST FOOD
Parking
29 Spaces (11.05 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 01-06916-00000 | Improvements Assessment | $90,563 |
| Land Assessment | $23,261 | Total Assessment | $113,824 |
PROPERTY TAXES
Parcel Number
01-06916-00000
Land Assessment
$23,261
Improvements Assessment
$90,563
Total Assessment
$113,824
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