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Wendy's 88 Vista Dr

2,860 SF Retail Building Weed, CA 96094 £1,501,466 (£525/SF) 4.75% Net Initial Yield

Investment Highlights

  • Easy Access from Multiple Economic Drivers
  • Nearby College of the Siskiyous

Executive Summary

New 2024 Store Opening & NNN Lease
The subject property was remodeled using premium materials and enhanced
aesthetics to reflect Wendy’s latest prototype. Operating under an absolute
NNN lease, which includes both the building and land, this property is an
ideal passive investment. The lease structure is highly landlord-friendly and
the purchase price is listed well below current replacement costs.

Attachments

Wendys_WeedCA

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,860 SF
Year Built/Renovated
2020/2023
Price
£1,501,466
Price Per SF
£525
Net Initial Yield
4.75%
NOI
£71,320
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Lot Size
0.87 AC
Zoning
C - Commercial
Parking
25 Spaces (8.74 Spaces per 1,000 SF Leased)
Frontage
300 ft on E Vista Drive

Amenities

  • Freeway Visibility
  • Restaurant
  • Signage
  • Signalised Intersection
  • Drive Thru

Nearby Major Retailers

Grocery Outlet
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
060-552-320
Land Assessment
£379,533
Improvements Assessment
£0
Total Assessment
£379,533
  • Listing ID: 33412376

  • Date on Market: 04/10/2024

  • Last Updated:

  • Address: 88 Vista Dr, Weed, CA 96094

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