Restaurant
Wendy’s 20 Year NNN Sale Leaseback
10012 Dorchester Rd, Summerville, SC 29485
Listing Price: $2,647,058
Investment Overview
Marcus & Millichap is pleased to present for sale this Wendy’s Hamburger
Restaurant located at 10012 Dorchester Road in Summerville, North Carolina.
Summerville is a town in Guilford County, North Carolina with a population over
10,951. Summerville is a considered a suburb of Greensboro (Population 302,296)
and the third most populated city in North Carolina after Charlotte and Raleigh.
Interstate 73 passes just west of the town’s center, connecting with NC 150 and
also connecting with US 158 in the northernmost part of the town.
Numerous apartment complexes surround this Wendy’s Restaurant including MAA
Water’s Edge, Oakbrook Village, Summerville Station, The Grove at Oakbrook,
Westbury News Apartments, Bridgepoint Apartments, Latitude at Westcott
Apartments and The Reserve at Westcott.
Numerous brand new housing developments are also located nearby this property
including Village Club at Westcott by Ashton (1,600-acre master planned golf
community of Wescott Plantation). Watson Hill by Ashton Woods, Ryland Homes
at Limehouse Villas, Bellwood by Ryland Homes, Sunrise at Westcott Plantation,
Lakes of Summerville, Ryan Homes at Crescent Cove (61 Newly Built Homes),
Lennar at Limehouse Village and Limehouse Village by Hunter Quinn (15 Brand
New Homesites).
Many colleges and universities are also nearby including Trident Technical College
Dorchester (12,000 Enrolled Students), Lowcountry Connections Academy, Fort
Dorchester High School, and Charleston Southern University (3,545 Enrolled
Students).
Other highlights of the Summerville Area include 12-Acre Azalea Park, Legend
Oaks Plantation Golf Course and Miller Country Club Golf Course and The Gahagan
Sports Complex which hosts leagues and tournament for kids as well as adults.
Wendy’s was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built
his business on the premise “Quality is our Recipe.” Today Wendy’s Company
is the world’s third-largest quick-service hamburger and its franchisees employ
thousands of people across 7,000 restaurants worldwide and annual revenue
exceeds $2.2B. Wendy’s is best known for made-to-order square hamburgers
using fresh and never frozen beef, freshly prepared salads, chili, baked potatoes
and the Frosty Dessert.
Wendy’s 20 Year NNN Sale Leaseback
Investment Highlights
- 20 Year Absolute NNN Lease | No Landlord Responsibilities
- Attractive 7.5% Rent Increases Every 5 Years
- Strong Wendy's Operator | 76+ Units
- Wendy's Hamburger Restaurant Located at 10012 Dorchester Road in Summervile, North Carolina (Population 10,951) and Suburb of Greensboro (Population 302,296)
- Colleges and Universities Nearby Include Trident Technical College (12,000 Enrolled Students), Charleston Southern University (3,545 Enrolled Students), Lowcountry Connections Academy
- The Wendy's Company is the World's Third Largest Quick Service Hamburger Company with 7,000 Restaurants and Over $2.2+ Billion Annual Sales
Listing Price: $2,647,058
Investment Highlights
- 20 Year Absolute NNN Lease | No Landlord Responsibilities
- Attractive 7.5% Rent Increases Every 5 Years
- Strong Wendy's Operator | 76+ Units
- Wendy's Hamburger Restaurant Located at 10012 Dorchester Road in Summervile, North Carolina (Population 10,951) and Suburb of Greensboro (Population 302,296)
- Colleges and Universities Nearby Include Trident Technical College (12,000 Enrolled Students), Charleston Southern University (3,545 Enrolled Students), Lowcountry Connections Academy
- The Wendy's Company is the World's Third Largest Quick Service Hamburger Company with 7,000 Restaurants and Over $2.2+ Billion Annual Sales
Investment Overview
Marcus & Millichap is pleased to present for sale this Wendy’s Hamburger Restaurant located at 10012 Dorchester Road in Summerville, North Carolina. Summerville is a town in Guilford County, North Carolina with a population over 10,951. Summerville is a considered a suburb of Greensboro (Population 302,296) and the third most populated city in North Carolina after Charlotte and Raleigh. Interstate 73 passes just west of the town’s center, connecting with NC 150 and also connecting with US 158 in the northernmost part of the town. Numerous apartment complexes surround this Wendy’s Restaurant including MAA Water’s Edge, Oakbrook Village, Summerville Station, The Grove at Oakbrook, Westbury News Apartments, Bridgepoint Apartments, Latitude at Westcott Apartments and The Reserve at Westcott. Numerous brand new housing developments are also located nearby this property including Village Club at Westcott by Ashton (1,600-acre master planned golf community of Wescott Plantation). Watson Hill by Ashton Woods, Ryland Homes at Limehouse Villas, Bellwood by Ryland Homes, Sunrise at Westcott Plantation, Lakes of Summerville, Ryan Homes at Crescent Cove (61 Newly Built Homes), Lennar at Limehouse Village and Limehouse Village by Hunter Quinn (15 Brand New Homesites). Many colleges and universities are also nearby including Trident Technical College Dorchester (12,000 Enrolled Students), Lowcountry Connections Academy, Fort Dorchester High School, and Charleston Southern University (3,545 Enrolled Students). Other highlights of the Summerville Area include 12-Acre Azalea Park, Legend Oaks Plantation Golf Course and Miller Country Club Golf Course and The Gahagan Sports Complex which hosts leagues and tournament for kids as well as adults. Wendy’s was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise “Quality is our Recipe.” Today Wendy’s Company is the world’s third-largest quick-service hamburger and its franchisees employ thousands of people across 7,000 restaurants worldwide and annual revenue exceeds $2.2B. Wendy’s is best known for made-to-order square hamburgers using fresh and never frozen beef, freshly prepared salads, chili, baked potatoes and the Frosty Dessert.
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