Single Tenant Wendy's | Artesia NM

Retail-Commercial for Sale
Catylist Listing ID: 30737530
Property Subtypes: Restaurant
Building Size (RSF): 2,800 SF
Gross Land Area: 0.64 Acres
Sale Price: $3,157,000
Unit Price: $1,127 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 4.75%
Last Updated: 9/20/2021

Overview / Comments

- Restaurant built in 2018 on high traffic, four lane thoroughfare
- In main commercial corridor surrounded by national retailers
- This restaurant is operated by a highly profitable 6-unit franchisee that has been in business continuously since 1992
- Affiliated with Wendcentral, LLC, an award winning, nationally recognized Wendy's franchisee

Attachments & Media

Additional Details

Nearest MSA: Carlsbad-Artesia
County: Eddy
Tax ID/APN: 4-152-099-097-027

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,672 13,107 14,455
Median Age: 34.1 34.37 34.36
Households: 2,169 4,801 5,276

Contact

Photograph of Listing Agent

Matthew Reeves

Marcus & Millichap CARNM CIE Member
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