1928 W 6th St | Emporia, KS 66801
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- LoopNet Team
1928 W 6th St
Emporia, KS 66801
Wendy's (Ground Lease) · Retail Property For Sale
Investment Highlights
- New Construction With Substantial Tenant Investment - Built in 2019 from the ground up, including state-of-the-art technology throughout.
- Top 35 QSR Franchisee Nationally – 193 restaurants in six states, ranked 32nd nationally in the Top 200 list of fast food operators.
- Extremely Rare Lease – 25-year occupancy commitment with 10% rental increases every 5 years.
- Sales Approx 7.5% Above Wendy’s 2019 Average – Trending to nearly $1.8MM per year, despite the pandemic.
- 100% Wendy’s Market Share – The only Wendy’s in Emporia, and the only location within a 25 mile radius. Franchisee controls the entire territory.
- Improved Resale Value – 25-year lease vs. average competitors 20-year lease
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,600 SF
Building Class
C
Year Built
2019
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Lot Size
0.60 AC
Zoning
C-3
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Restaurant
- Drive Thru
PROPERTY TAXES
| Parcel Number | 192-09-0-30-11-021.00-0 | Improvements Assessment | £180,436 |
| Land Assessment | £17,021 | Total Assessment | £197,457 |
PROPERTY TAXES
Parcel Number
192-09-0-30-11-021.00-0
Land Assessment
£17,021
Improvements Assessment
£180,436
Total Assessment
£197,457
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