Wendy's NNN — Chapel Hill, NC

$2,500,000 · 5.00% CAP · 18 YRS

2024-built Wendy's ground lease in Chapel Hill guaranteed by one of the brand's larger franchise operators, with about 18 years to run. Rent moves 10% every five years across three 5-year options.

Lease Abstract

Price

$2,500,000

Cap rate

5.00% CAP

NOI

$125,000

Term remaining

18 YRS

Lease type

Absolute NNN Ground Lease

Increases

10% every 5 years

Options

3 x 5 Years

Guarantee

Franchisee

Building

2,500 SF

Lot

1.07 AC

Year built

2024

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Location

Chapel Hill, North Carolina. Full address and offering memorandum released on request — see our Wendy's tenant guide and the North Carolina market page for the underwriting context.