This Retail Property is no longer advertised on LoopNet.com.

5801 N Sharon Amity Rd
Charlotte, NC 28215

Wendy's | New, 20-Yr NNN Lease | 2020 Remodel · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand-New Lease; Long-Term, NNN: The tenant just signed a new, 20-year, NNN lease with 10% rent increases every 5 years throughout the initial term.
  • Strong Operating History: The tenant has over 12 years of success at the location and a history of strong sales
  • Signalized Corner Location: Site is located just off a signalized intersection that boasts combined traffic counts over ± 54,300 VPD
  • Full Remodel Scheduled: The site is set to undergo a full remodel and reimage to the new Wendy’s prototype building by the end of 2020.
  • Strength of Lease Guaranty: The lease is guaranteed by Carolina Restaurant Group, Inc. (120+ unit operator)
  • Superb Growth: Charlotte is the #1 ranked most up-and-coming city in America

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,734 SF
Building Class
B
Year Built/Renovated
1988/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.86 AC
Zoning
O1
Parking
36 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
40 FT on Sharon Amity Rd

AMENITIES

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Drive Thru

PROPERTY TAXES

  • Listing ID: 20545615

  • Date on Market: 8/6/2020

  • Last Updated:

  • Address: 5801 N Sharon Amity Rd, Charlotte, NC 28215